Is Waunakee, WI dog-friendly?

As of early 2026, 99% of users say it's dog friendly

Is a car needed in Waunakee, WI?

As of early 2026, 95% of users say car is needed

Are yards well-kept in Waunakee, WI?

As of early 2026, 92% of users say yards are well-kept

Is parking easy in Waunakee, WI?

As of early 2026, 92% of users say parking is easy

Do kids play outside in Waunakee, WI?

As of early 2026, 90% of users say kids play outside

Does Waunakee, WI have sidewalks?

As of early 2026, 87% of users say there are sidewalks

Would people walk alone at night in Waunakee, WI?

As of early 2026, 87% of users say people would walk alone at night

Does Waunakee, WI show holiday spirit?

As of early 2026, 84% of users say there's holiday spirit

Is Waunakee, WI quiet?

As of early 2026, 80% of users say it's quiet

Are neighbors friendly in Waunakee, WI?

As of early 2026, 72% of users say neighbors are friendly

Is there wildlife in Waunakee, WI?

As of early 2026, 71% of users say there's wildlife

Are the streets well-lit in Waunakee, WI?

As of early 2026, 71% of users say streets are well-lit

Are there community events in Waunakee, WI?

As of early 2026, 60% of users say there are community events

Do residents of Waunakee, WI plan to stay at least 5 years?

As of early 2026, 57% of users say they plan to stay for at least 5 years

Is Waunakee, WI walkable to restaurants?

As of early 2026, 51% of users say it's walkable to restaurants

Is Waunakee, WI walkable to grocery stores?

As of early 2026, 43% of users say it's walkable to grocery stores

What is 5572 Rainbow Rd estimated to be worth?

Trulia's estimated value for 5572 Rainbow Rd in Waunakee, WI is $569,500 .

What is the price history for 5572 Rainbow Rd?

5572 Rainbow Rd in Waunakee, WI last sold for $272,000 in August 2014.

Is Waunakee a buyer's or seller's market?

Waunakee is currently a buyer's market, based on recent for-sale activity.

What's the median sale price in Waunakee?

The median sale price in Waunakee is $614K. That is down $22.3K from the prior month.

Does 5572 Rainbow Rd have air conditioning?

Yes, 5572 Rainbow Rd in Waunakee, WI has air conditioning.

Does 5572 Rainbow Rd have laundry facilities?

Yes, 5572 Rainbow Rd in Waunakee, WI has laundry facilities.

OFF MARKET

5572 Rainbow Rd
Waunakee, WI 53597

4 Beds
3 Baths
2,894 sqft (on 0.52 acres)

$569,500

Trulia Estimate

as of Aug 24, 2026

$569,500

Trulia Estimate

as of Aug 24, 2026

4 Beds

3 Baths

2,894 sqft

(on 0.52 acres)

Home Value

Trulia Estimate

$570K

Since last month

$100 (0%)

Since last year

$32K (+5.9%)

Since last sale

$296K (+109%)

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 +92% in the last 10 years

Month	Estimated value
2026
August 2026	$568K
July 2026	$569K
June 2026	$575K
May 2026	$574K
April 2026	$564K
March 2026	$557K
February 2026	$534K
January 2026	$520K
2025
December 2025	$523K
November 2025	$524K
October 2025	$528K
September 2025	$538K
August 2025	$537K
July 2025	$542K
June 2025	$546K
May 2025	$552K
April 2025	$545K
March 2025	$537K
February 2025	$519K
January 2025	$508K
2024
December 2024	$509K
November 2024	$511K
October 2024	$523K
September 2024	$527K
August 2024	$543K
July 2024	$545K
June 2024	$542K
May 2024	$544K
April 2024	$541K
March 2024	$533K
February 2024	$517K
January 2024	$491K
2023
December 2023	$491K
November 2023	$488K
October 2023	$501K
September 2023	$503K
August 2023	$506K
July 2023	$507K
June 2023	$509K
May 2023	$519K
April 2023	$509K
March 2023	$493K
February 2023	$478K
January 2023	$473K
2022
December 2022	$469K
November 2022	$475K
October 2022	$480K
September 2022	$482K
August 2022	$484K
July 2022	$499K
June 2022	$511K
May 2022	$510K
April 2022	$498K
March 2022	$483K
February 2022	$452K
January 2022	$442K
2021
December 2021	$435K
November 2021	$433K
October 2021	$430K
September 2021	$431K
August 2021	$435K
July 2021	$446K
June 2021	$455K
May 2021	$456K
April 2021	$451K
March 2021	$415K
February 2021	$410K
January 2021	$410K
2020
December 2020	$404K
November 2020	$405K
October 2020	$407K
September 2020	$407K
August 2020	$388K
July 2020	$388K
June 2020	$388K
May 2020	$388K
April 2020	$390K
March 2020	$388K
February 2020	$343K
January 2020	$340K
2019
December 2019	$340K
November 2019	$343K
October 2019	$345K
September 2019	$347K
August 2019	$348K
July 2019	$354K
June 2019	$364K
May 2019	$363K
April 2019	$363K
March 2019	$359K
February 2019	$351K
January 2019	$368K
2018
December 2018	$370K
November 2018	$376K
October 2018	$377K
September 2018	$376K
August 2018	$373K
July 2018	$378K
June 2018	$377K
May 2018	$373K
April 2018	$367K
March 2018	$364K
February 2018	$359K
January 2018	$357K
2017
December 2017	$345K
November 2017	$336K
October 2017	$340K
September 2017	$330K
August 2017	$318K
July 2017	$318K
June 2017	$318K
May 2017	$316K
April 2017	$314K
March 2017	$309K
February 2017	$306K
January 2017	$307K
2016
December 2016	$305K
November 2016	$302K
October 2016	$301K
September 2016	$297K
August 2016	$297K

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
5574 Riveredge Rd, Waunakee, WI	0.07	Single-Family Home	$599,000	12/03/25	4	2.5	2,224
5588 Lavin Way, Waunakee, WI	0.23	Single-Family Home	$439,900	12/04/25	3	2.5	2,200
5576 Huntingwood Way, Waunakee, WI	0.11	Single-Family Home	$800,000	10/31/25	4	3	3,700
5566 Mary Lake Rd, Waunakee, WI	0.36	Single-Family Home	$650,000	07/10/26	5	3	3,120
5631 Riveredge Rd, Waunakee, WI	0.26	Single-Family Home	$500,000	06/08/26	4	2	2,242
5543 Galway Dr, Waunakee, WI	0.29	Single-Family Home	$430,000	10/30/25	3	2.5	2,235
5576 Auchter Ln, Waunakee, WI	0.27	Single-Family Home	$515,000	05/26/26	3	2	2,424
5494 Sunset Trl, Waunakee, WI	0.39	Single-Family Home	$665,000	01/21/26	3	3	3,125
600 Fox Den Dr, Waunakee, WI	0.35	Single-Family Home	$589,900	10/24/25	4	2.5	2,045
518 Fox Den Dr, Waunakee, WI	0.35	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
L146 Rainbow Rd, Waunakee, WI 53597	0.04	-	-	-	-	Off Market
5569 Moonlight Dr, Waunakee, WI 53597	0.04	$585,200	5	3	2,520	Off Market
5575 Rainbow Rd, Waunakee, WI 53597	0.04	$510,500	3	2.5	2,604	Off Market
5575 Moonlight Dr, Waunakee, WI 53597	0.04	$626,400	4	2.5	2,124	Off Market
5574 Riveredge Rd, Waunakee, WI 53597	0.07	$599,000	4	2.5	2,224	Recently Sold
5591 Huntingwood Way, Waunakee, WI 53597	0.08	$525,000	4	3.5	2,157	For Sale
5560 Moonlight Dr, Waunakee, WI 53597	0.08	$452,400	3	3	1,822	Off Market
5576 Huntingwood Way, Waunakee, WI 53597	0.11	$800,000	4	3	3,700	Recently Sold
1401 Atlas Trl, Waunakee, WI 53597	0.12	$1,270,000	5	4.5	4,186	Recently Sold
5015 Peach Blossom Ct, Waunakee, WI 53597	0.12	$784,600	3	3	2,934	Off Market
5534 Gerend Rd, Waunakee, WI 53597	0.14	$614,900	6	4	3,640	Recently Sold
Lot 83 Tall Oaks Rd, Waunakee, WI 53597	0.17	-	-	-	-	Off Market

Local Information

Map ViewExplore the area around 5572 Rainbow Rd.
Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1975

Lot Size

0.52 acres

Living Area

2,894 sqft

Price/Sqft

$197

About this House

Great value in the Waunakee school district & low Westport taxes! Plenty of room in this well cared for home w/4 living areas! Spacious, open kitchen. Sunny & bright sunroom overlooks the big, lush backyard. Wood burning fireplace keeps the family room warm & cozy. Huge, finished 22x19 rec room would make perfect home theatre. 4th bdrm is currently used as home office. Abundant storage in the lower level! Mary Lake subdivision is a short drive to E&W Madison.

5572 Rainbow Rd, Waunakee, WI 53597 is a 4 bedroom, 3 bathroom, 2,894 sqft single-family home built in 1975. It last sold for $272,000 on Aug 29, 2014. It is currently off market. The Trulia Estimate is $569,500, with a rent estimate of $3,694/month.

Home Details for 5572 Rainbow Rd

Interior Features
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details Types of Rooms: Family Room, Laundry Room, Sun Room
Appliances & Utilities Cable ReadyDishwasherMicrowaveRefrigerator

Exterior Features
Exterior Home Features Roof: OtherDeckExterior: Other, Stone, BrickPorch
Parking & Garage Parking Spaces: 2

Property Information
Year Built Year Built: 1975
Property Type / Style Property Type: Single Family HomeArchitecture: Other

Community
Units in Building: 1

Lot Information
Lot Area: 0.52 acres

Price and Tax history

Date	Event	Price
Aug 29, 2014 Source: SCWMLS #1711600	Sold	$272,000
May 22, 2014 Source: Agent Provided	PriceChange	$274,900 Price decreased by 2%
Apr 10, 2014 Source: Agent Provided	Listed For Sale	$279,900
Oct 8, 2010 Source: Agent Provided	ListingRemoved	$284,900
Jul 24, 2010 Source: Agent Provided	PriceChange	$284,900 Price decreased by 0%
May 1, 2010 Source: Agent Provided	Listed For Sale	$285,000
Aug 31, 2007 Source: N/A	Sold	$260,000

Year	Property tax	Tax assessment
2024	$6,502	$511,500

Additional Cost

Market trends in Waunakee

Last updated July 2026

Avg. sale price

$614K

$22.3KMoM

Sale-to-List Price

—

Price per sq ft

$227

$4MoM

Available listings

40MoM

Around this home

Arboretum Elementary School
PK-4
Public
435 Students
Waunakee Community School District
10/10
GreatSchools Rating
Parent Rating Average
My son is currently finishing up his kindergarten year at Arboretum. We just moved to Waunakee last summer from hours away so we knew no one when he started out the school year. He raves about all of his wonderful teachers and has made tons of good friends. The school is very clean, the staff is friendly, and I love that they are always willing to take volunteers in the classroom or let parents eat lunch with the kids. At the beginning of the year, he could read two words (literally, his name and mine) and now he is reading with little to no help. Bonus, starting Spanish in Kindergarten has been a really exciting experience for him and he loves to utilize what he has learned when he's outside of school. We could not be more pleased. Sheila Wiehart is a very active face in the school's events. It gives a wonderful feeling to see the principal of the school first thing in the morning holding the for open for the kids. She does an incredible job at creating relationships with everyone.
Parent Review
10y ago
7 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
Resident
6mo ago
"Family oriented community. Best place to raise kids. Strong sense of community and caring people. "
0
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Laura
Resident
6mo ago
"School district is very good but a lot of cliques. Really depends where your kid falls in. Teachers are good. Great sports programs "
0
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Chad S.
Resident
6y ago
"Waunakee is a great community with good schools and access to public transportation. Also has a great downtown with good food and breweries."
1
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Chris.stack55
Resident
6y ago
"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!"
0
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Smjarosz12
Resident
6y ago
"Great schools, small town festivities all year round, lots of parks and trials. Multiple Subdivisions have pools. "
0
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1saltwatergirl
Resident
6y ago
"There’s no public transportation that I’m aware of. My commute is 25 minutes his varies on traffic between 25-35 minutes. "
2
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1saltwatergirl
Resident
6y ago
"There is no public transportation and we drive 20-30 minutes to and from work. There are shopping areas with a 15 minute drive. "
1
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Trulia User
Resident
7y ago
"Great schools, family friendly neighborhood, small town feel with variety of home options. Highly recommended. "
0
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Hagertyfour
Resident
7y ago
"More kids coming back to area. Quiet wildlife. Great neighbors. Great neighborhood and a mile to schools"
0
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Katrina G.
Resident
7y ago
"Family and pet friendly. Lots of people walk and bike. Great schools. Close to Madison. Lots of community events. "
0
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Mandy W.
Resident
7y ago
"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. "
1
Flag
Janice H.
12y ago
"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. "
0
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Mripp
12y ago
"A great place for contemplative sunsets, peaceful days, and evenings with a view. "
0
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Fopr44
13y ago
"Nice older neighborhood. Great for starter home or for young couples. "
0
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LGBTQ Local Legal Protections

Frequently asked questions about 5572 Rainbow Rd

What is 5572 Rainbow Rd estimated to be worth?
Trulia's estimated value for 5572 Rainbow Rd in Waunakee, WI is $569,500.
What is the price history for 5572 Rainbow Rd?
5572 Rainbow Rd in Waunakee, WI last sold for $272,000 in August 2014.
Is Waunakee a buyer's or seller's market?
Waunakee is currently a buyer's market, based on recent for-sale activity.
What's the median sale price in Waunakee?
The median sale price in Waunakee is $614K. That is down $22.3K from the prior month.
Does 5572 Rainbow Rd have air conditioning?
Yes, 5572 Rainbow Rd in Waunakee, WI has air conditioning.
Does 5572 Rainbow Rd have laundry facilities?
Yes, 5572 Rainbow Rd in Waunakee, WI has laundry facilities.