5575 Rainbow Rd, Waunakee, WI 53597
Property image
Property image
OFF MARKET

5575 Rainbow Rd
Waunakee, WI 53597

  • 3 Beds
  • 2.5 Baths
  • 2,604 sqft (on 0.43 acres)

$505,900

Trulia Estimate
as of Jul 9, 2026

$505,900

Trulia Estimate
as of Jul 9, 2026
3 Beds
2.5 Baths
2,604 sqft
(on 0.43 acres)

Local Information

  • Map ViewExplore the area around 5575 Rainbow Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Showings Start after open house, September 22nd. Looking for a charming mid century home? Look no further. This large 3 bedroom 2 1/2 bath ranch needs a little updating yet has so much to offer. Enjoy 2 large family rooms(one is a sunken living room) and 3 season porch for all of your entertaining needs. Stunning back yard is fenced with lovely flower gardens and a couple raised beds for gardening. Basement has an air filtration system in the work shop. Home has been freshly painted. Many updates include New Roof, Gutters and Pressure tank(23), A/C (22), Water Heater (15), Furnace(13). Put your own personal touch on this one!! Waunakee school district, 20 min to down town Madison. More photos to come.
5575 Rainbow Rd, Waunakee, WI 53597 is a 3 bedroom, 3 bathroom, 2,604 sqft single-family home built in 1968. It last sold for $410,000 on Oct 17, 2024 (7% below the $439,000 asking price). It is currently off market. The Trulia Estimate is $505,900, with a rent estimate of $3,690/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
33 days ago

Home Details for 5575 Rainbow Rd

Interior Features

Interior Details
Basement: Full,Partially Finished,Sump PumpNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2604 Square Feet
Appliances & Utilities
Utilities: Internet - CableAppliances: Washer, Dryer, Water Softener RentedDryerLaundry: Lower LevelWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: 1 fireplace, Wood BurningHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: PatioVegetation: WoodedOther Structures: StorageFoundation: 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): 1736 Square Feet

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood Siding
Property Information
Not Included in Sale: Sellers personal property, Water Softener is rentedIncluded in Sale: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal, Washer/ Dryer, Sump Pump, Window Coverings, ShedParcel Number: 080921166076

Price & Status

Price
List Price: $439,000
Status Change & Dates
Off Market Date: Wed Sep 18 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Waunakee
School Information
Elementary School: ArboretumElementary School District: WaunakeeJr High / Middle School: WaunakeeJr High / Middle School District: WaunakeeHigh School: WaunakeeHigh School District: Waunakee

Building

Building Area
Building Area: 2604 Square Feet

Lot Information

Lot Area: 0.43 acres

Offer

Listing Terms: Arms Length

Miscellaneous

BasementMls Number: 1984975Attribution Contact: Pref: 608-235-3807Above Grade Unfinished Area: 1736
Last check for updates: about 3 hours ago
Listed by Candy Lauby
Real Broker LLC
Bought with: Nicole Fischer, Rock Realty
Source: SCWMLS, MLS#1984975

Price History for 5575 Rainbow Rd

DatePriceEventSource
10/17/2024$410,000Sold
N/A
09/25/2024$439,000ContingentWIREX MLS #1984975
09/18/2024$439,000Listed For SaleWIREX MLS #1984975

Market trends in Waunakee

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
84
6
MoM
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Property Tax and Assessment

Year2024
Tax$5,482
Assessment$433,000
Home facts updated by county records

Comparable Sales for 5575 Rainbow Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$439,900
12/04/25
3
2.5
2,200
0.10
Single-Family Home
$599,000
12/03/25
4
2.5
2,224
0.30
Single-Family Home
$515,000
05/26/26
3
2
2,424
0.33
Single-Family Home
$430,000
10/30/25
3
2.5
2,235
0.25
Single-Family Home
$500,000
06/08/26
4
2
2,242
0.32
Single-Family Home
$499,900
08/15/25
4
2
2,300
0.07
Single-Family Home
$800,000
10/31/25
4
3
3,700
0.31
Single-Family Home
$640,329
07/14/25
4
2.5
2,211
0.31
Single-Family Home
$672,643
07/28/25
3
2.5
2,400
0.31
Single-Family Home
$589,900
10/24/25
4
2.5
2,045

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Assigned Schools

These are the assigned schools for 5575 Rainbow Rd.
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
    "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. "

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