$729,900

18 Rainbow Cir Peabody, MA 01960

$8,668
Closing credit¹
3 beds
2 full
2,250 sqft
0.1 acres
$324 / sqft
House

Property details

About 18 Rainbow Cir

Classic Cape on a Corner Lot in One of South Peabody's Most Sought-After Neighborhoods! This inviting home welcomes you into a flexible space that functions as either a dining or living room, complete with hardwood floors, a pellet stove, and a sunny bow window. The spacious kitchen opens seamlessly into a stunning sunroom, where multiple skylights and hardwood floors create a warm, light-filled retreat that brings the outdoors in. The first floor also offers a family room with hardwood floors and a bay window, a primary bedroom, a home office, and a full bath—perfect for comfortable everyday living. Upstairs, you’ll find two generous bedrooms, each with hardwood floors and skylights, plus a convenient ¾ bath. Need more room to spread out? The finished lower level bonus room makes a great playroom, home gym, or media space. Outside, enjoy a newly built two-car carport, a fully fenced level yard, and a storage shed. Located on a corner lot that leads to a dead-end street.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Oil
StatusActive
(New)
CoolingCentral Air, Window Unit(s)
Size2,250 sqft
BasementYes
Lot size0.14 Acres
Year built1951
ParkingCarport, Off Street, Paved
MLS #73393697
Garage2 spaces
FireplaceDining Room

Summary

  • Full Bathrooms: 2
  • Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Hardwood, Wood Laminate, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Interior: Closet, Office, Sun Room, Bonus Room
  • Fireplace: Dining Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Carport, Off Street, Paved
  • Exterior: Patio, Rain Gutters, Storage, Fenced Yard
  • Architectural Style: Cape
  • Heating: Forced Air, Oil
  • Cooling: Central Air, Window Unit(s)
  • List Price: $729,900
  • Price/SqFt: $324
  • Annual Tax Amount: $5,265
  • Tax Year: 2024
  • Lot: Corner Lot, Cleared, Level
  • Directions: Lynn St - Rainbow Rd- Rainbow Cir
  • Year Built: 1951
  • Living Area: 2,250 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: 73393697
  • MLS Name: MLS Property Information Network
  • Office Name: Coldwell Banker Realty - Lynnfield
  • Office Phone: (781) 334-5700
  • Listing Agent: Joyce Cucchiara

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 12:55:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

18 Rainbow Cir, Peabody, MA 01960 - cape cod house with a chimney, a front lawn, and a shingled roof

$729,900

18 Rainbow Cir

$8,668

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 21, 2023
Home Sold
$647,000

Tax history

YearAssessmentProperty Tax
2024$577,300$5,265
2023$477,500$4,546
2022$457,200$4,618
2021$414,500$4,348
2020$393,500$4,226
2019$386,400$4,254

History based on county public records data.

Nearby schools

4

South Memorial Elementary School

Public District PK-5

0.3 mi

16 Maple Street Ext

2

Captain Samuel Brown Elementary School

Public District KG-5

0.4 mi

150 Lynn St

2

William A. Welch Elementary School

Public District PK-5

0.9 mi

50 Swampscott Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,574. The most common annual income of people living in Peabody, MA is less than $<35k. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
32%
35k-100k
28%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
35%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
42%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • LincolnLincoln

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 18 Rainbow Cir

The listing price of 18 Rainbow Cir property is $729,900.

The property 18 Rainbow Cir is a house located in Peabody, Massachusetts, 01960.

Active Listing: 18 Rainbow Cir is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 18 Rainbow Cir are: South Memorial Elementary School (GreatSchools Rating 4/10), Captain Samuel Brown Elementary School (GreatSchools Rating 2/10), William A. Welch Elementary School (GreatSchools Rating 2/10), J. Henry Higgins Middle School (GreatSchools Rating 5/10), Pickering Middle School (GreatSchools Rating 4/10), Collins Middle School (GreatSchools Rating 3/10), Salem High School (GreatSchools Rating 3/10), Lynn English High School (GreatSchools Rating 2/10), Swampscott High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $5,265 (source: MLS/based on county public records data).

The last sale was on August 21, 2023 for $647,000 (source: MLS/tax record).

The property at 18 Rainbow Cir has 3 bedrooms and 2 bathrooms.

The property 18 Rainbow Cir is 2,250 SqFt (source: MLS/tax record).

The year of construction for 18 Rainbow Cir is 1951.

This home is located at 18 Rainbow Cir in Peabody, MA and zip code 01960. This 2,250 square foot home, which was built in 1951, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $729,900.

While more than 11 listings in Peabody, MA in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Peabody, MA decreased by 9% between April and May 2025. The median list price of listings available in May 2025 was $666,666, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

More resources