This home's estimate is 2.7% lower than the average sale price ($471K) of 6 comparable homes.
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5556 Rainbow Rd, Waunakee, WI 53597
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About this home
Public Remarks: 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!
Redfin Estimate
Market trends in 53597, WI
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SAT, 12:30PM TO 2PM$1,375,0005 beds4 baths3,940 sq ft5766 Derby Downs Dr, Waunakee, WI 53597Nikki Fehrmann • EXP Realty, LLC
- NEW 32 HRS AGO$529,9002 beds2.5 baths2,258 sq ft304 Coneflower Ct, Waunakee, WI 53597Bob Sachtjen • First Weber Inc
- OPEN SAT, 11AM TO 1PM$825,0004 beds3 baths3,550 sq ft801 Ronald Overlook, Waunakee, WI 53597Ashlee Aplin • Real Broker LLC
- OPEN TODAY, 3PM TO 5PM$299,9002 beds2 baths1,496 sq ft867 Henry St, Waunakee, WI 53597Peggy Acker-Farber • RE/MAX Preferred
- OPEN SAT, 10AM TO 12PM
- OPEN SUN, 1PM TO 3PM$620,0004 beds3.5 baths2,785 sq ft400 St Andrews Ct, Waunakee, WI 53597Teresa Hanson • NextHome Strategy
- OPEN SUN, 12PM TO 2PM$459,9003 beds2 baths1,727 sq ft662 Hillcrest Dr, Waunakee, WI 53597Ryan Oliversen • Collective Real Estate Group
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Est. $2,217 per month, based on comparable rentals
Sale and tax history for 5556 Rainbow Rd
- Sale History
- Tax History
$301/sq ft
$301/sq ft
Public record
Property details
Parking
- Garage Information
- # of Garage Parking Spaces (Total): 2
- Garage: 2 Car, Attached, Opener Included
Interior
- Bedroom Information
- Master Bedroom Dimensions: 14 x 13
- Master Bedroom Level: Main
- Bedroom 2 Dimensions: 13 x 10
- Bedroom 2 Level: Main
- Bedroom 3 Dimensions: 12 x 10
- Bedroom 3 Level: Main
- Bathroom Information
- Bath Description(s): At Least 1 Tub, Master Bedroom Bath, Master Bedroom Bath (1/2), Master Bedroom Bath (Walk-Through)
- # of Baths (Full): 2
- Interior Features
- Great Room, Water Softener
- Room Information
- Full, Sump Pump, Poured Concrete
- Living Room Dimensions: 20 x 13
- Living Room Level: Main
- Kitchen Level: Main
- Kitchen Dimensions: 14 x 12
- Dining Kitchen: Breakfast Bar
- Equipment
- Appliances: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
Exterior
- Building Information
- Building Type: 1 Story
- Estimated Sq. Ft. Range: 1251-1500
- Finished Below Grade Sq. Ft.: 0
- Finished Above Grade Sq. Ft.: 1,495
- Exterior
- Exterior Features: Deck
- Exterior: Vinyl, Brick
- Property Information
- Single-Family
- Improvement Value: $249,400
- Information Source Year Built: Assessor/Public Record
- Lot Information
- Lot Acreage: 0.38
- Zoning: RES
- Subdivision
- Subdivision: Mary Lake
Financial
- Assessment Information
- Land Assessment Value: $149,800
- Total Assessment: $399,200
- Tax Information
- Total Taxes: $4,948
- Tax Year: 2025
Utilities
- Utility Information
- Municipal Sewer, Well
- Heating/Cooling: Forced Air, Central Air
- Natural Gas
Location
- Neighborhood Information
- Municipality: WESTPORT
- Municipality Type: Town
- School Information
- School District: Waunakee
- Elementary School: Call School District
- Middle School: Waunakee
- High School: Waunakee
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.38 acres
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Dane County
- APN: 080921163659
Other
- Listing Information
- SaleType: Arms Length
- Inclusions: refrigerator, range, dishwasher, microwave, washer, dryer, water softener, sump pump
Around this home
Schools
Public PreK-4 • Assigned • 1.2mi
Public 7-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 2.3mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 98° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Waunakee. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 53597
Home values near 5556 Rainbow Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 3001 Sq. Ft. | $596,113 |
- Beds | - Baths | - Sq. Ft. | $505,252 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2894 Sq. Ft. | $602,602 |
3 Beds | 2.5 Baths | 2604 Sq. Ft. | $535,026 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $639,693 |
- Beds | - Baths | - Sq. Ft. | $484,955 |
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