Located in one the fastest growing areas of NWA, this 18.8 acre tract is located right off S. Rainbow Road with quick access to I-49. Don’t miss this rare investment opportunity that has development potential or create your own private wooded estate with scenic view of pond and wet weather creek. Property features a completely remodeled 1,674 sq foot 4 bedroom, 2 full bathroom home with 2 car detached garage/workshop and storm shelter. Property has additional outbuildings and northern border of property abuts Cave Springs Nature Preserve. Part of the northern part of the property is protected with the Cave Springs Area Karst Resource Conservation Regulations (CSK Regulations) and cannot be developed or built on. Bentonville Schools.
Sold for $855,000
$855,000
115 S Rainbow Rd, Cave Springs, AR 72718
4beds
1,674sqft
Single Family Residence
Built in 1978
18.8 Acres Lot
$1,071,000 Zestimate®
$511/sqft
$2,114 Estimated rent
Home value
$1,071,000
$900,000 - $1.30M
$2,114/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lauren Boozman Northey 479-273-6697,
Portfolio Sotheby's International Realty
Bought with:
Lauren Boozman Northey, SA00072968
Portfolio Sotheby's International Realty
Source: ArkansasOne MLS,MLS#: 1266575
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Originating MLS: Northwest Arkansas Board of REALTORS MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Primary bathroom
- Level: Main
Bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Smooth Cooktop, Self Cleaning Oven
- Laundry: Washer Hookup, Dryer Hookup
Features
- Granite Counters, Split Bedrooms, Walk-In Closet(s), Wood Burning Stove, Storage
- Flooring: Laminate
- Basement: None,Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,674
- Total interior livable area: 1,674 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Garage Door Opener
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Gravel Driveway
- Pool features: None
- Fencing: Partial,Wire
- Has view: Yes
- Waterfront features: Creek, Pond
Lot
- Size: 18.8 Acres
- Features: Central Business District, Level, Open Lot, Secluded, Views, Wooded
Details
- Additional structures: Barn(s), Storage, Workshop
- Parcel number: 0510010000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Crawlspace
- Roof: Architectural,Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Septic Available, Water Available
Community & HOA
Community
- Features: Near Hospital, Near Schools
- Security: Storm Shelter, Smoke Detector(s)
- Subdivision: 06-18-30-Cave Springs
Location
- Region: Cave Springs
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $3,525
- Annual tax amount: $1,526
- Date on market: 2/8/2024
- Cumulative days on market: 102 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2024 | Sold | $855,000-28.7%$511/sqft |
Source:  ArkansasOne MLS #1266575 Report a problem | ||
| 1/24/2024 | Listed for sale | $1,200,000+9.1%$717/sqft |
Source: ArkansasOne MLS #1265355 Report a problem | ||
| 7/8/2021 | Listing removed | -- |
Source: ArkansasOne MLS #1180713 Report a problem | ||
| 5/19/2021 | Listed for sale | $1,100,000$657/sqft |
Source: ArkansasOne MLS #1167758 Report a problem | ||
| 4/26/2021 | Pending sale | $1,100,000$657/sqft |
Source: ArkansasOne MLS #1180713 Report a problem | ||
| 3/31/2021 | Price change | $1,100,000-15.4%$657/sqft |
Source: ArkansasOne MLS #1167758 Report a problem | ||
| 1/14/2021 | Listed for sale | $1,300,000$777/sqft |
Source: ArkansasOne MLS #1167758 Report a problem | ||
| 12/4/2020 | Pending sale | $1,300,000$777/sqft |
Source: ArkansasOne MLS #1167758 Report a problem | ||
| 12/2/2020 | Listed for sale | $1,300,000+188.9%$777/sqft |
Source: Portfolio Sotheby's International Realty #1167703 Report a problem | ||
| 4/5/2018 | Listing removed | $1,350$1/sqft |
Source: Lindsey & Associates - Rogers #1076532 Report a problem | ||
| 3/28/2018 | Listed for rent | $1,350$1/sqft |
Source: Lindsey & Associates - Rogers #1076532 Report a problem | ||
| 7/14/2017 | Sold | $450,000-6.1%$269/sqft |
Source: ArkansasOne MLS #1048238 Report a problem | ||
| 5/22/2017 | Listed for sale | $479,000$286/sqft |
Source: Lindsey & Associates - Rogers #1048238 Report a problem | ||
| 10/28/2016 | Listing removed | $479,000$286/sqft |
Source: Lindsey & Associates - Rogers #1008150 Report a problem | ||
| 2/11/2016 | Listed for sale | $479,000+6.4%$286/sqft |
Source: Lindsey & Associates - Rogers #1008150 Report a problem | ||
| 6/13/2014 | Listing removed | $450,000$269/sqft |
Source: Matlock Real Estate Services, LLC #707713 Report a problem | ||
| 5/28/2014 | Listed for sale | $450,000-14.9%$269/sqft |
Source: Matlock Real Estate Services, LLC #707713 Report a problem | ||
| 4/1/2014 | Listing removed | $529,000$316/sqft |
Source: Matlock Real Estate Services, LLC #675073 Report a problem | ||
| 3/6/2013 | Listed for sale | $529,000+11.4%$316/sqft |
Source: Matlock Real Estate Services, LLC #675073 Report a problem | ||
| 8/6/2011 | Listing removed | $475,000$284/sqft |
Source: WEICHERT, Realtors - Clark, Long & Associates #582093 Report a problem | ||
| 8/8/2009 | Listed for sale | $475,000$284/sqft |
Source: The Griffin Company Realtors #582093 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $43 -98% | $705 -98% |
| 2024 | $2,104 +7.1% | $35,780 +10% |
| 2023 | $1,964 +8.3% | $32,530 +8.3% |
| 2022 | $1,813 +9.1% | $30,030 +9.1% |
| 2021 | $1,661 +8.9% | $27,530 +10% |
| 2020 | $1,526 -4.3% | $25,030 |
| 2019 | $1,594 +4.5% | $25,030 |
| 2018 | $1,526 | $25,030 |
| 2017 | $1,526 -0.3% | $25,030 -0.1% |
| 2016 | $1,531 | $25,050 +5.8% |
| 2015 | $1,531 +9.5% | $23,670 |
| 2014 | $1,398 +5.4% | $23,670 |
| 2013 | $1,326 | $23,670 |
| 2012 | -- | $23,670 |
| 2011 | $1,238 | $23,670 -22.7% |
| 2010 | -- | $30,640 |
| 2009 | -- | $30,640 |
| 2008 | -- | $30,640 +88.8% |
| 2005 | -- | $16,230 |
| 2004 | -- | $16,230 +0.4% |
| 2003 | -- | $16,160 |
| 2002 | -- | $16,160 +9.1% |
| 2001 | -- | $14,810 |
| 2000 | -- | $14,810 |
Find assessor info on the county website
Neighborhood: 72718
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Nearby schools
GreatSchools rating
- 9/10Janie Darr Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 8/10Elmwood Middle SchoolGrades: 6-8Distance: 5.5 mi
- 7/10Rogers High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- District: Bentonville
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arkansas
- Benton County
- Cave Springs
- 72718
- 115 S Rainbow Rd
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