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.
For sale
$849,000
116 N Rainbow Lake Rd, Wichita, KS 67235
4beds
4,497sqft
Est.:
Single Family Onsite Built
Built in 1994
0.4 Acres Lot
$825,400 Zestimate®
$189/sqft
$13/mo HOA
What's special
- 6 days |
- 769 |
- 30 |
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#: 671252
Tour with a local agent
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: $189/sqft
- Tax assessed value: $530,500
- Annual tax amount: $8,079
- Date on market: 4/14/2026
- Cumulative days on market: 6 days
- Ownership: Individual
- Road surface type: Paved
Estimated market value
$825,400
$784,000 - $867,000
$2,048/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
$4,972/mo
Principal & interest
$4103
Property taxes
$856
HOA Fees
$13
More affordability tools
Climate risks
Neighborhood: 67235
Nearby schools
GreatSchools rating
- 9/10Apollo Elementary SchoolGrades: PK-4Distance: 2.2 mi
- 7/10Dwight D. Eisenhower Middle SchoolGrades: 7-8Distance: 2.2 mi
- 8/10Eisenhower High SchoolGrades: 9-12Distance: 2.5 mi
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.
- Kansas
- Sedgwick County
- Wichita
- 67235
- 116 N Rainbow Lake Rd



