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 5575 Rainbow Rd estimated to be worth?

Trulia's estimated value for 5575 Rainbow Rd in Waunakee, WI is $510,500 .

What is the price history for 5575 Rainbow Rd?

5575 Rainbow Rd in Waunakee, WI last sold for $410,000 in October 2024.

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 5575 Rainbow Rd have air conditioning?

Yes, 5575 Rainbow Rd in Waunakee, WI has air conditioning.

Does 5575 Rainbow Rd have laundry facilities?

Yes, 5575 Rainbow Rd in Waunakee, WI has in-unit laundry.

OFF MARKET

5575 Rainbow Rd
Waunakee, WI 53597

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

$510,500

Trulia Estimate

as of Aug 24, 2026

$510,500

Trulia Estimate

as of Aug 24, 2026

3 Beds

2.5 Baths

2,604 sqft

(on 0.43 acres)

Home Value

Trulia Estimate

$511K

Since last month

$4K (+0.7%)

Since last year

$92K (+21.9%)

Since last sale

$104K (+25.3%)

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 +86% in the last 10 years

Month	Estimated value
2026
August 2026	$514K
July 2026	$510K
June 2026	$503K
May 2026	$473K
April 2026	$449K
March 2026	$435K
February 2026	$433K
January 2026	$427K
2025
December 2025	$426K
November 2025	$420K
October 2025	$421K
September 2025	$423K
August 2025	$422K
July 2025	$426K
June 2025	$427K
May 2025	$423K
April 2025	$425K
March 2025	$422K
February 2025	$421K
January 2025	$418K
2024
December 2024	$414K
November 2024	$412K
October 2024	$410K
September 2024	$449K
August 2024	$499K
July 2024	$523K
June 2024	$516K
May 2024	$509K
April 2024	$536K
March 2024	$513K
February 2024	$496K
January 2024	$481K
2023
December 2023	$448K
November 2023	$455K
October 2023	$449K
September 2023	$469K
August 2023	$487K
July 2023	$480K
June 2023	$472K
May 2023	$455K
April 2023	$443K
March 2023	$429K
February 2023	$409K
January 2023	$401K
2022
December 2022	$400K
November 2022	$405K
October 2022	$410K
September 2022	$411K
August 2022	$413K
July 2022	$425K
June 2022	$433K
May 2022	$432K
April 2022	$423K
March 2022	$410K
February 2022	$384K
January 2022	$377K
2021
December 2021	$372K
November 2021	$371K
October 2021	$371K
September 2021	$374K
August 2021	$380K
July 2021	$391K
June 2021	$403K
May 2021	$406K
April 2021	$388K
March 2021	$380K
February 2021	$379K
January 2021	$376K
2020
December 2020	$371K
November 2020	$377K
October 2020	$377K
September 2020	$375K
August 2020	$358K
July 2020	$351K
June 2020	$347K
May 2020	$350K
April 2020	$351K
March 2020	$349K
February 2020	$320K
January 2020	$318K
2019
December 2019	$318K
November 2019	$316K
October 2019	$316K
September 2019	$319K
August 2019	$320K
July 2019	$320K
June 2019	$319K
May 2019	$320K
April 2019	$319K
March 2019	$314K
February 2019	$313K
January 2019	$326K
2018
December 2018	$328K
November 2018	$325K
October 2018	$325K
September 2018	$323K
August 2018	$329K
July 2018	$325K
June 2018	$326K
May 2018	$317K
April 2018	$328K
March 2018	$323K
February 2018	$311K
January 2018	$311K
2017
December 2017	$295K
November 2017	$289K
October 2017	$291K
September 2017	$284K
August 2017	$285K
July 2017	$283K
June 2017	$294K
May 2017	$298K
April 2017	$300K
March 2017	$294K
February 2017	$290K
January 2017	$291K
2016
December 2016	$280K
November 2016	$280K
October 2016	$278K
September 2016	$281K
August 2016	$276K

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
5588 Lavin Way, Waunakee, WI	0.25	Single-Family Home	$439,900	12/04/25	3	2.5	2,200
5574 Riveredge Rd, Waunakee, WI	0.10	Single-Family Home	$599,000	12/03/25	4	2.5	2,224
5576 Auchter Ln, Waunakee, WI	0.30	Single-Family Home	$515,000	05/26/26	3	2	2,424
5543 Galway Dr, Waunakee, WI	0.33	Single-Family Home	$430,000	10/30/25	3	2.5	2,235
5631 Riveredge Rd, Waunakee, WI	0.25	Single-Family Home	$500,000	06/08/26	4	2	2,242
5576 Huntingwood Way, Waunakee, WI	0.07	Single-Family Home	$800,000	10/31/25	4	3	3,700
600 Fox Den Dr, Waunakee, WI	0.31	Single-Family Home	$589,900	10/24/25	4	2.5	2,045
5494 Sunset Trl, Waunakee, WI	0.40	Single-Family Home	$665,000	01/21/26	3	3	3,125
5566 Mary Lake Rd, Waunakee, WI	0.39	Single-Family Home	$650,000	07/10/26	5	3	3,120
518 Fox Den Dr, Waunakee, WI	0.31	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	0.03	-	-	-	-	Off Market
5591 Huntingwood Way, Waunakee, WI 53597	0.05	$525,000	4	3.5	2,157	For Sale
5574 Riveredge Rd, Waunakee, WI 53597	0.10	$599,000	4	2.5	2,224	Recently Sold
5569 Moonlight Dr, Waunakee, WI 53597	0.07	$585,200	5	3	2,520	Off Market
5575 Moonlight Dr, Waunakee, WI 53597	0.07	$626,400	4	2.5	2,124	Off Market
5576 Huntingwood Way, Waunakee, WI 53597	0.07	$800,000	4	3	3,700	Recently Sold
Lot 83 Tall Oaks Rd, Waunakee, WI 53597	0.13	-	-	-	-	Off Market
5611 Oak Ln, Wausaukee, WI 54177	0.14	$129,800	-	-	-	For Sale
5560 Moonlight Dr, Waunakee, WI 53597	0.12	$452,400	3	3	1,822	Off Market
5534 Gerend Rd, Waunakee, WI 53597	0.18	$614,900	6	4	3,640	Recently Sold
1401 Atlas Trl, Waunakee, WI 53597	0.12	$1,270,000	5	4.5	4,186	Recently Sold

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

Home Highlights

Property Type

Single-Family Home

Year Built

1968

Lot Size

0.43 acres

Living Area

2,604 sqft

Price/Sqft

$196

Parking

2 Car Garage

About this House

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 $510,500, with a rent estimate of $3,340/month.

Last check for updates: about 17 hours ago

Listed by Candy Lauby

Real Broker LLC

Bought with: Nicole Fischer, Rock Realty

Source: SCWMLS, MLS#1984975

Home Details for 5575 Rainbow Rd

Active Status
MLS Status: Sold

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

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

Price and Tax history

Date	Event	Price
Oct 17, 2024 Source: N/A	Sold	$410,000
Sep 25, 2024 Source: WIREX MLS #1984975	Contingent	$439,000
Sep 18, 2024 Source: WIREX MLS #1984975	Listed For Sale	$439,000

Year	Property tax	Tax assessment
2024	$5,482	$433,000

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
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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 5575 Rainbow Rd

What is 5575 Rainbow Rd estimated to be worth?
Trulia's estimated value for 5575 Rainbow Rd in Waunakee, WI is $510,500.
What is the price history for 5575 Rainbow Rd?
5575 Rainbow Rd in Waunakee, WI last sold for $410,000 in October 2024.
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 5575 Rainbow Rd have air conditioning?
Yes, 5575 Rainbow Rd in Waunakee, WI has air conditioning.
Does 5575 Rainbow Rd have laundry facilities?
Yes, 5575 Rainbow Rd in Waunakee, WI has in-unit laundry.