$1,495,000

741 Rainbow Rd Unit A Bismarck, AR 71929

Estimated payment $8,353/month

Total Views 1,581
4 Beds
3 Baths
2,041 Sq Ft
$732 Price per Sq Ft

Highlights

  • Lake Front
  • Traditional Architecture
  • Breakfast Bar
  • Bismarck Elementary School Rated A-
  • Formal Dining Room
  • Laundry Room

About This Home

A rare find! One of the only houses on lake DeGray with access to the lake as well as an excellent view from the home. The house is a 4 bedroom/3 bath home well designed for privacy with an open concept in a secluded wooded setting. Additionally, the property has a cottage guest house and an open barn for storage. This is a unique, one of a kind property with direct access to lake DeGray.

Listing Agent

Lori Yates

Century 21 All Points Realty Listed on: 06/10/2025

Century 21 All Points Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1968

Lot Details

  • 5.5 Acre Lot
  • Lake Front
  • Dirt Road
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,041 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Lake Views
  • Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,019

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 06/20/2025
  • Price Per Sq Ft: 732.48
  • Road Surface: Dirt, Gravel
  • Type: Detached
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Dining Room: Separate Dining Room, Breakfast Bar
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom Apart, Guest Bedroom Apart
  • Estimated Sq Ft: 2041
  • Bedrooms: 4
  • Floors: Carpet, Vinyl
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Kit Counter-Formica
  • Kitchen Equip: Microwave, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Laundry, Basement
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame, Stone
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 5.5
  • Estimated Lot Size: 5.50
  • Lot: Level, Lake View, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2019

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,019 $40,370 $5,400 $34,970
2023 $2,019 $40,370 $5,400 $34,970
2022 $2,019 $40,370 $5,400 $34,970
2021 $1,640 $40,370 $5,400 $34,970
2020 $1,491 $29,810 $3,850 $25,960
2019 $1,491 $29,810 $3,850 $25,960
2018 $1,491 $29,810 $3,850 $25,960
2017 $1,490 $29,810 $3,850 $25,960
2016 $1,491 $29,810 $3,850 $25,960
2015 $1,459 $29,185 $3,220 $25,965
2014 $1,459 $29,185 $3,220 $25,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $1,495,000 -- $732 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $600,000 None Listed On Document
Deed $60,000 None Listed On Document
Deed $60,000 None Listed On Document
Deed $600,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Administrators Deed -- None Listed On Document
Deed $600,000 None Listed On Document
Deed $600,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $18,000 --
Warranty Deed $80,000 --
Quit Claim Deed -- --
Source: Public Records

Similar Home in Bismarck, AR

  • 741 Rainbow Rd Unit Bismark, AR, Bismarck, AR 71929

    $1,495,000

    • 4 Beds
    • 3 Baths
    • 2,041 Sq Ft
    • 741 Rainbow Rd
    • Unit Bismark, AR
    • Bismarck, AR

    A rare find! One of the only houses on lake DeGray with access to the lake as well as an excellent view from the home. The house is a 4 bedroom/3 bath home well designed for privacy with an open concept in a secluded wooded setting. Additionally, the property has a cottage guest house and an open barn for storage. This is a unique, one of a kind property with direct access to lake DeGray.

    Lori Yates Century 21 All Points

    Section Image
See All Homes in Bismarck

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25024371

Cooperative Arkansas REALTORS® MLS

APN: 665-20002-000

Arkansas Hot Spring County Bismarck 71929

741 Rainbow Rd Unit A, Bismarck, AR

This home is located at 741 Rainbow Rd Unit A, Bismarck, AR 71929 and is currently priced at $1,495,000, approximately $732 per square foot. This property was built in 1968. 741 Rainbow Rd Unit A is a home located in Hot Spring County with nearby schools including Bismarck Elementary School, Bismarck Middle School, and Bismarck High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Lori Yates
Listing Agent
Lori Yates
Section Image
Century 21 All Points Realty
(501) 737-4449