Coming soon, in July!!! Beautiful 4-Bedroom, 3-Full Bath Home with Water-Access Community Amenities. With Blue ribbon schools.
Welcome to this well-maintained 4-bedroom, 3-full bathroom home featuring numerous recent upgrades and access to an exceptional waterfront community. There is a flex space that could be used for a 5th bedroom or a very nice office space.
The home offers a spacious and functional layout, including a primary suite with a private en-suite bathroom. Enjoy cozy evenings by the wood-burning fireplace with a stainless steel chimney liner, and appreciate the convenience of modern stainless steel appliances throughout the kitchen.
Recent updates provide peace of mind, including:
Both HVAC systems replaced within the last 2 years
Roof replaced approximately 5 years ago with premium 50-year GAF shingles
Brand-new refrigerator
Brand-new washing machine
Stainless steel kitchen appliances
Outdoor enthusiasts will love the location. The home is within walking distance of two community beaches, including one located at the end of the street. Residents also enjoy access to outstanding neighborhood amenities, including:
Two private community beaches
Community pavilion
Shared neighborhood marina
Whether you're looking for a year-round residence or a relaxing retreat near the water, this home offers comfort, convenience, and an incredible community lifestyle.
Pending
Price increase: $999 (6/24)
$549,999
1398 Rainbow Dr, Pasadena, MD 21122
4beds
2,200sqft
SingleFamily
Built in 1975
0.27 Acres Lot
$-- Zestimate®
$250/sqft
$20/mo HOA
What's special
Two private community beachesShared neighborhood marinaBrand-new refrigeratorCommunity pavilionBrand-new washing machineSpacious and functional layout
- 19 days |
- 115 |
- 5 |
Listed by:
Property Owner (443) 867-7221
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Oil
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Hardwood, Laminate
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street, On-street
Features
- Exterior features: Other, Brick, Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.27 Acres
Details
- Parcel number: 0344821915403
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1975
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $20 monthly
Location
- Region: Pasadena
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $384,033
- Annual tax amount: $3,798
- Date on market: 6/24/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,069/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $549,999+0.2%$250/sqft |
Source: Owner Report a problem | ||
| 6/24/2026 | Listed for sale | $549,000+52.1%$250/sqft |
Source: Owner Report a problem | ||
| 6/30/2004 | Sold | $361,000+126%$164/sqft |
Source: Public Record Report a problem | ||
| 2/11/2000 | Sold | $159,700-1.6%$73/sqft |
Source: Public Record Report a problem | ||
| 5/14/1997 | Sold | $162,300$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,798 -3.1% | $384,033 +7.3% |
| 2024 | $3,920 +0.9% | $358,000 +0.6% |
| 2023 | $3,885 +5.2% | $355,767 +0.6% |
| 2022 | $3,694 +0.6% | $353,533 +0.6% |
| 2021 | $3,671 +3.1% | $351,300 +3.2% |
| 2020 | $3,562 +3.2% | $340,500 -3.1% |
| 2019 | $3,452 +6.8% | $351,300 +10.2% |
| 2018 | $3,234 +4.9% | $318,900 +5.4% |
| 2017 | $3,084 | $302,567 +5.7% |
| 2016 | -- | $286,233 +6.1% |
| 2015 | -- | $269,900 |
| 2014 | -- | $269,900 |
| 2013 | -- | $269,900 0% |
| 2012 | -- | $270,000 |
| 2011 | -- | $270,000 |
| 2010 | -- | $270,000 -30.1% |
| 2009 | -- | $386,300 +17.1% |
| 2008 | -- | $329,752 +20.7% |
| 2007 | -- | $273,206 +26.1% |
| 2006 | -- | $216,660 +11.3% |
| 2005 | -- | $194,702 +12.7% |
| 2004 | -- | $172,746 +14.6% |
| 2003 | -- | $150,790 +1.1% |
| 2002 | -- | $149,120 +1.1% |
| 2001 | -- | $147,450 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lake Shore
Nearby schools
GreatSchools rating
- 8/10Fort Smallwood Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Chesapeake Bay Middle SchoolGrades: 6-8Distance: 3 mi
- 7/10Chesapeake High SchoolGrades: 9-12Distance: 2.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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