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.
Active
$1,495,000
741 Rainbow Rd, Bismarck, AR 71929
4beds
2,041sqft
Est.:
Single Family Residence
Built in 1968
5.5 Acres Lot
$-- Zestimate®
$732/sqft
$-- HOA
What's special
Access to the lakeOpen concept
- 212 days |
- 314 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: October 24, 2025 at 08:43am
Listed by:
Lori Yates 903-809-9006,
Century 21 All Points Realty 903-832-4561
Source: CARMLS,MLS#: 25024371
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Basement
Dining room
- Features: Separate Dining Room, Breakfast Bar
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Refrigerator, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Kit Counter-Formica, Sheet Rock, Primary Bedroom Apart, Guest Bedroom Apart
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Woodburning-Site-Built
Interior area
- Total structure area: 2,041
- Total interior livable area: 2,041 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 5.5 Acres
- Features: Level
Details
- Parcel number: 66520002000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Stone
- Foundation: Slab/Crawl Combination
- Roof: Shingle
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: FRED SHEETS
HOA
- Has HOA: No
Location
- Region: Bismarck
Financial & listing details
- Price per square foot: $732/sqft
- Tax assessed value: $201,850
- Annual tax amount: $2,019
- Date on market: 6/20/2025
- Listing terms: Conventional,Cash
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,932/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2025 | Listed for sale | $1,495,000+40491.9%$732/sqft |
Source: TMLS #117967 Report a problem | ||
| 8/31/2018 | Sold | $3,683$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,019 | $40,370 |
| 2023 | $2,019 | $40,370 |
| 2022 | $2,019 +23.1% | $40,370 +23.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,955/mo
Principal & interest
$5797
Property taxes
$635
Home insurance
$523
Climate risks
Neighborhood: 71929
Nearby schools
GreatSchools rating
- 6/10Bismarck Middle SchoolGrades: 5-8Distance: 4.4 mi
- 8/10Bismarck High SchoolGrades: 9-12Distance: 4.4 mi
- 7/10Bismarck Elementary SchoolGrades: PK-4Distance: 4.4 mi
- Loading
- Loading
