Skip main navigation
Pending
    • $699,900

    116 N Rainbow Lake Rd, Wichita, KS 67235

    4beds
    4,497sqft
    : 
    $4,621/mo
    Get pre-qualified
    Single Family Onsite Built
    Built in 1994
    0.4 Acres Lot
    $690,300 Zestimate®
    $156/sqft
    $13/mo HOA

    What's special

    This beautiful home in the heart of Rainbow Lakes Estate addition is a must see!!!! Now is your opportunity to own a home within City limits with a million dollar view. This home is truly one of a kind in a well maintained neighborhood with lots of updates. This home has a spacious feel inside and out, featuring 4541 total sq. ft. on a .40 acre lot. The entry features beautiful grand wood staircase with two exits, hard wood floors on the main and upper (bedrooms)level, high ceilings and large windows with lots of natural lights all under a newer Da Vinci roof and stucco skim. The updated open kitchen allows you to entertain with ease featuring granite counters, wonderful wood cabinets and flooring, a breakfast nook and sitting area by the 2 way gas fireplace. The coffee bar is a delight for easy access. Main floor also has a room that can be used as a formal dinning room or sitting area, laundry, office and living room, plenty of space for everyone to spread out. Master bedroom is located upstairs, features include wood floors, coffered wood ceilings, a gas fireplace and bathroom with real slate floors, dual sinks, deep soaker tub and walk-in shower, spacious walk-in closet with built ins. The second bedroom has an attached bathroom and walk-in closet. The remaining 2 bedrooms upstairs are connected with a Jack & Jill bathroom. One with a walk-in closet and the other with a walk-in closet with room you can use as a multipurpose space (playroom, dress up, extra storage, hide and seek, etc.) Abundance amount of space in the finished basement including 1/2 bath, large family room with another 2 way gas fireplace. French doors lead you to a very large billiards room with attached bonus room. In addition, there is multipurpose room that can be used (craft room, man cave, play area, office), and a storage room and utility room with storage. You will have a hard time staying indoors when you see the million dollar view of the lake from the living room and kitchen. You will enjoy your time outdoors on the brick deck with easy access to the lower level with the newly installed staircase. The iron fence creates a privacy area with a beautiful new builtin pergola. For the convenience of your guests enjoy the outside access bathroom. The outdoor bathroom could be converted into a third car garage.
    42 days
    |
    800
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cathy Torres CELL:316-640-5999,

    Berkshire Hathaway PenFed Realty

    Source: SCKMLS as distributed by MLS GRID,MLS#: 674344

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: Wood
      • Level: Upper
      • Area: 243.36
      • Dimensions: 15.6 x 15.6
      Bedroom
      • Description: Wood
      • Level: Upper
      • Area: 155.87
      • Dimensions: 14.3 x 10.9
      Bedroom
      • Description: Wood
      • Level: Upper
      • Area: 166.8
      • Dimensions: 13.9 x 12
      Bedroom
      • Description: Wood
      • Level: Upper
      • Area: 149.82
      • Dimensions: 13.2 x 11.35
      Bonus room
      • Description: Luxury Vinyl
      • Level: Basement
      • Area: 278.03
      • Dimensions: 24.03 x 11.57
      Bonus room
      • Description: Wood
      • Level: Main
      • Area: 176.64
      • Dimensions: 13.8 x 12.8
      Dining room
      • Description: Wood
      • Level: Main
      • Area: 156.42
      • Dimensions: 14.35 x 10.9
      Family room
      • Description: Carpet
      • Level: Basement
      • Area: 385.92
      • Dimensions: 20.1 x 19.2
      Kitchen
      • Description: Wood
      • Level: Main
      • Area: 439.68
      • Dimensions: 22.9 x 19.2
      Living room
      • Description: Wood
      • Level: Main
      • Area: 291.81
      • Dimensions: 21.3 x 13.7
      Office
      • Description: Carpet
      • Level: Basement
      • Area: 247.02
      • Dimensions: 21.35 x 11.57
      Office
      • Description: Wood
      • Level: Main
      • Area: 166.78
      • Dimensions: 13.45 x 12.4
      Heating
      • Forced Air, Fireplace(s), Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator, Range
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s)
      • Basement: Finished
      • Number of fireplaces: 2
      • Fireplace features: Three or More, Living Room, Kitchen, Master Bedroom, Double Sided, Basement, Decorative, Glass Doors
      Interior area
      • Total interior livable area: 4,497 sqft
      • Finished area above ground: 3,247
      • Finished area below ground: 1,250
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener, Oversized, Side Load
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Deck
      • Exterior features: Guttering - ALL, Irrigation Well, Sprinkler System
      • Has spa: Yes
      • Fencing: Invisible,Wrought Iron
      • Waterfront features: Pond/Lake
      Lot
      • Size: 0.4 Acres
      • Features: Irregular Lot
      Details
      • Additional structures: Bath House
      • Parcel number: 1462403101014.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Onsite Built
      Materials
      • Brick, Stucco
      • Foundation: Full, View Out
      • Roof: Other
      Condition
      • Year built: 1994

      Utilities & green energy

      • Gas: Natural Gas Available
      • Utilities for property: Sewer Available, Natural Gas Available, Public

      Community & HOA

      Community
      • Features: Lake
      • Subdivision: RAINBOW ESTATES
      HOA
      • Has HOA: Yes
      • HOA fee: $150 annually
      Location
      • Region: Wichita

      Financial & listing details

      • Price per square foot: $156/sqft
      • Tax assessed value: $616,820
      • Annual tax amount: $8,079
      • Date on market: 6/11/2026
      • Cumulative days on market: 70 days
      • Ownership: Individual
      • Road surface type: Paved

        Estimated market value

        $690,300

        $656,000 - $725,000

        $3,225/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$8,083 +15.3%$70,935 +16.3%
        2024$7,008 -1.5%$61,008
        2023$7,118 +12.4%$61,008
        2022$6,334 +3.6%--
        2021$6,112 +9.7%--
        2020$5,570 +6.3%$46,805 +7%
        2019$5,238 +1.5%$43,746 +3%
        2018$5,163 -1.2%$42,470
        2017$5,224 +0.4%--
        2016$5,201 -1.1%--
        2015$5,260 -1.2%--
        2014$5,326 --
        2013-- --
        2012-- --
        2011-- $46,230
        2008-- $46,230 +6%
        2007-- $43,609 +3%
        2006-- $42,344 +6%
        2005-- $39,952 +3%
        2004-- $38,790 +6%
        2003-- $36,594
        2002-- $36,594 +9.2%
        2000-- $33,511
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 67235

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Apollo
        • Middle: Goddard
        • High: Robert Goddard

        Source: SCKMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Wichita Topics

              Search
              Updates
              Favorites
              Plan
              Inbox