5556 Rainbow Rd, Waunakee, WI 53597
Property image
Property image
ACCEPTING BACKUPS
0.38 ACRES

$449,900

  • 3 Beds
  • 2 Baths
  • 1,495 sqft (on 0.38 acres)

5556 Rainbow Rd, Waunakee, WI 53597

Est. Mortgage $3,058/mo*
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Home Highlights

Single-Family Home
Built in 1976
0.38 acre lot
$301/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 5556 Rainbow Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Waunakee’s top-rated schools with low Westport taxes. This adorable ranch home is ready for immediate occupancy. 3 Bedrooms, 2 Bath, main floor laundry. Freshly painted. Remodeled in 2015, more recent improvements include new well pressure tank (2017), windows & siding (2018), furnace & A/C (2020), water heater (2026), patio door (2026), dishwasher (2026), primary bedroom carpet. Sunny deck off the kitchen/dining area. Lots of potential to increase your square footage when you finish the big basement and add egress windows. Attached two car garage. Large yard, friendly neighborhood, near popular neighborhood park. A great value!
Last check for updates: about 3 hours ago
Listing courtesy of Stuart Meland
Madcityhomes.Com
Source: SCWMLS, MLS#2031540

Home Details for 5556 Rainbow Rd

Active Status

MLS Status: Offer-Show

Interior Features

Interior Details
Basement: Full,Sump Pump,UnfinishedNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1495 Square Feet
Appliances & Utilities
Appliances: Washer, Dryer, Water Softener IncludedDryerLaundry: Main LevelWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: DeckFoundation: Poured concrete foundatn
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: 2 car,Attached,Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1495 Square Feet

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl Siding, Brick
Property Information
Included in Sale: refrigerator, range, dishwasher, microwave, washer, dryer, water softener, sump pumpParcel Number: 080921163659

Price & Status

Price
List Price: $449,900Price Per Sqft: $301

Location

Direction & Address
City: WaunakeeCommunity: Mary Lake
School Information
Elementary School: Call School DistrictElementary School District: WaunakeeJr High / Middle School: WaunakeeJr High / Middle School District: WaunakeeHigh School: WaunakeeHigh School District: Waunakee

Agent Information

Listing Agent
Listing ID: 2031540

Building

Building Area
Building Area: 1495 Square Feet

Lot Information

Lot Area: 0.38 acres

Miscellaneous

BasementMls Number: 2031540Zillow Contingency Status: Accepting Back-up OffersAttribution Contact: stuart@madcityhomes.comAbove Grade Unfinished Area: 1495

What Locals Say about Waunakee

At least 77 Trulia users voted on each feature.
  • 99 % Say it's dog friendly

  • 95 % Say car is needed

  • 92 % Say yards are well-kept

  • 92 % Say parking is easy

  • 90 % Say kids play outside

  • 87 % Say there are sidewalks

  • 87 % Say people would walk alone at night

  • 84 % Say there's holiday spirit

  • 80 % Say it's quiet

  • 72 % Say neighbors are friendly

  • 71 % Say there's wildlife

  • 71 % Say streets are well-lit

  • 60 % Say there are community events

  • 57 % Say they plan to stay for at least 5 years

  • 51 % Say it's walkable to restaurants

  • 43 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Lauradiltz
    "Family oriented community. Best place to raise kids. Strong sense of community and caring people. "
  • Laura
    "School district is very good but a lot of cliques. Really depends where your kid falls in. Teachers are good. Great sports programs "
  • Chad S.
    "Waunakee is a great community with good schools and access to public transportation. Also has a great downtown with good food and breweries."
  • Chris.stack55
    "We have Waunafest, Waunaboom, Oktoberfest, and many other events great for kids and adults! I’ve lived here less than a year, so I don’t know everything that goes on. Sidewalks everywhere!"
  • Smjarosz12
    "Great schools, small town festivities all year round, lots of parks and trials. Multiple Subdivisions have pools. "
  • 1saltwatergirl
    "There’s no public transportation that I’m aware of. My commute is 25 minutes his varies on traffic between 25-35 minutes. "
  • 1saltwatergirl
    "There is no public transportation and we drive 20-30 minutes to and from work. There are shopping areas with a 15 minute drive. "
  • Trulia User
    "Great schools, family friendly neighborhood, small town feel with variety of home options. Highly recommended. "
  • Hagertyfour
    "More kids coming back to area. Quiet wildlife. Great neighbors. Great neighborhood and a mile to schools"
  • Katrina G.
    "Family and pet friendly. Lots of people walk and bike. Great schools. Close to Madison. Lots of community events. "
  • Mandy W.
    "There are many great parks, soccer fields, and small fishing spots for kids throughout Waunakee. Always plenty to do and explore with kids of all ages. "
  • Janice H.
    "Southbridge Subdivision is a beautiful planned community with sidewalks, multiple parks with tennis, sports fields, playgrounds & a community pool. The schools in Waunakee are outstanding. It's about 20 minutes to downtown or the West Town Mall. Very minimal traffic delays during rush hour. "
  • Mripp
    "A great place for contemplative sunsets, peaceful days, and evenings with a view. "
  • Fopr44
    "Nice older neighborhood. Great for starter home or for young couples. "

Market trends in Waunakee

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
64
9
MoM

Home Value

Trulia Estimate
$453K
Since last month
Increased$1K (+0.3%)
Since last year
Increased$31K (+7.2%)
Since last sale
Increased$279K (+159.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +146% in the last 10 years
MonthEstimated value
2026
September 2026$454K
August 2026$453K
July 2026$467K
June 2026$466K
May 2026$450K
April 2026$445K
March 2026$443K
February 2026$427K
January 2026$406K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$515,000
05/26/26
3
2
2,424
0.16
Single-Family Home
$439,900
12/04/25
3
2.5
2,200
0.19
Single-Family Home
$500,000
06/08/26
4
2
2,242
0.04
Single-Family Home
$599,000
12/03/25
4
2.5
2,224
0.30
Single-Family Home
$430,000
10/30/25
3
2.5
2,235
0.36
Single-Family Home
$589,900
10/24/25
4
2.5
2,045
0.32
Single-Family Home
$665,000
01/21/26
3
3
3,125
0.31
Single-Family Home
$650,000
07/10/26
5
3
3,120
0.15
Single-Family Home
$800,000
10/31/25
4
3
3,700
0.36
Single-Family Home
$653,301
02/06/26
4
2.5
2,392

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$599,000
4
2.5
2,224
Recently Sold
0.06
-
-
-
-
Off Market
0.12
$614,900
6
4
3,640
Recently Sold
0.09
$503,000
3
2.5
2,604
Off Market
0.11
$578,900
5
3
2,520
Off Market
0.12
$618,000
4
2.5
2,124
Off Market
0.13
$447,900
3
3
1,822
Off Market
0.16
$481,000
4
2
1,796
Off Market
0.16
$439,900
3
2.5
2,200
Recently Sold
0.14
-
-
-
-
Off Market
0.14
$129,800
-
-
-
For Sale
0.17
$524,300
3
2
2,395
Off Market

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: SCWMLS #2031540
Listed For Sale
$449,900
Sep 2, 2015
Source: N/A
Sold
$175,000

LGBTQ Local Legal Protections

Stuart Meland, Madcityhomes.Com

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Frequently asked questions about 5556 Rainbow Rd

  • What is the estimated monthly payment for 5556 Rainbow Rd?
    Based on a $449,900 list price with 20% down at today's rates, the estimated monthly payment for 5556 Rainbow Rd in Waunakee, WI is approximately $3,089 (about $2,459 principal & interest, $555 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Waunakee?
    Residents describe Waunakee, WI as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Waunakee, WI.
  • What are the closest schools to 5556 Rainbow Rd?
    The closest schools to 5556 Rainbow Rd in Waunakee, WI are Arboretum Elementary School (Pre-K, rated 10/10), Waunakee High School (rated 8/10), Waunakee Intermediate School (Elementary, rated 10/10).
  • What is 5556 Rainbow Rd estimated to be worth?
    Trulia's estimated value for 5556 Rainbow Rd in Waunakee, WI is $452,500.
  • Does 5556 Rainbow Rd have air conditioning?
    Yes, 5556 Rainbow Rd in Waunakee, WI has air conditioning.
  • Does 5556 Rainbow Rd have laundry facilities?
    Yes, 5556 Rainbow Rd in Waunakee, WI has in-unit laundry.
5556 Rainbow Rd, Waunakee, WI 53597 is a 3 bedroom, 2 bathroom, 1,495 sqft single-family home built in 1976. This property is currently available for sale and was listed by SCWMLS. The MLS # for this home is MLS# 2031540.