1320 Rainbow Rd, Heber Springs, AR 72543
UNDER CONTRACT0.76 ACRES

1320 Rainbow Rd
Heber Springs, AR 72543

  • 4 Beds
  • 3 Baths
  • 3,139 sqft (on 0.76 acres)
  • 4 Beds
  • 3 Baths
  • 3,139 sqft (on 0.76 acres)

$649,900

Est. Mortgage $3,713/mo*
We estimate this home will sell faster than 83% nearby.

Local Information

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Description

Rustic riverfront property on the Little Red River! This property includes 165 feet of river frontage (1 1/2 lots). This 4-bedroom, 3-bathroom home features, newly updated kitchen and living area with a woodburning fireplace, 3BR, 2BAs on upper level and downstairs has a spacious living areas, 1BR and 1BA. Great space for gameroom or separate guests quarters. Living areas have amazing views of the river, bringing the beauty of nature indoors. The property also includes a 3-car detached garage, with space for your boat and vehicles and a Boat Dock with a lift. All appliances including washer and dryer and some furnishings will convey. Located just minutes to Greers Ferry Lake and restaurants, this property offers the perfect combination of privacy and convenience. This property would make a great full-time home or excellent opportunity for investment rental property. Don't miss your opportunity to own this one-of-a-kind riverfront property on the Little Red River! (Flood Insurance is Not Required)

Home Highlights

Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$207
Listed
47 days ago

Home Details for 1320 Rainbow Rd

Active Status

MLS Status: Active Under Contract

Interior Features

Interior Details
Basement: Full,Finished,Walk-Out Access,Heated,CooledNumber of Rooms: 1Types of Rooms: Dining Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3139 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Free-Standing Range, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water HeaterDishwasherDisposalDryerLaundry: Washer Hookup,Electric Dryer Hookup,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Heat PumpHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: Woodburning-Site-BuiltHas a Fireplace
Gas & Electric
Electric: Electric-Co-op
Windows, Doors, Floors & Walls
Window: Insulated WindowsDoor: Insulated DoorsFlooring: Carpet, Luxury Vinyl, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Luxury Vinyl, Tile

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck, PorchExterior: Rain Gutters, DockFoundation: Slab
Parking & Garage
Has a GarageParking Spaces: 3Parking: Garage,Three Car,Detached,Garage Door Opener,Garage Faces Side
Frontage
WaterfrontWaterfront: River Front, Dock, Dock - Covered, Hoist/Lift, River AccessRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Septic TankWater Body: River: Little Red River (Arkansas)

Days on Market

Days on Market: 47

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: FrameNot a New Construction

Price & Status

Price
List Price: $649,900Price Per Sqft: $207
Status Change & Dates
Off Market Date: Tue Apr 16 2024Possession Timing: Delayed Occ. Requested, Negotiable

Location

Direction & Address
City: Heber SpringsCommunity: Valle Jo Meadows-River

Agent Information

Listing Agent
Listing ID: 24008562

Building

Building Area
Building Area: 3139 Square Feet

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 0.76 acres

Offer

Listing Terms: VA Loan, FHA, Conventional, Cash

Energy

Energy Efficiency Features: Doors

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 24008562Projected Close Date: Fri May 24 2024Zillow Contingency Status: Under ContractWater ViewWater View: River
Last check for updates: about 24 hours ago
Listing courtesy of Jo Anne Wyatt, (501) 365-6067
Crye*Leike Brock Real Estate, (501) 362-5868
Source: CARMLS, MLS#24008562

Price History for 1320 Rainbow Rd

DatePriceEventSource
04/23/2024$649,900ContingentCARMLS #24008562
03/14/2024$649,900Listed For SaleCARMLS #24008562
09/11/2023$675,000ListingRemovedCARMLS #23007107
08/15/2023$675,000PriceChange
CARMLS #23007107
06/28/2023$699,500PriceChange
CARMLS #23007107
05/22/2023$725,000PriceChange
CARMLS #23007107
03/10/2023$750,000Listed For SaleCARMLS #23007107

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Property Taxes and Assessment

Year2022
Tax$1,269
Assessment$353,160
Home facts updated by county records

Comparable Sales for 1320 Rainbow Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Single-Family Home
$799,500
06/29/23
4
5
4,000
0.25
Single-Family Home
$150,000
06/22/23
3
2
1,272
0.74
Single-Family Home
$545,000
08/18/23
2
2
2,127
0.94
Single-Family Home
$825,000
12/06/23
3
3
3,130
0.40
Single-Family Home
$250,000
11/27/23
3
2
1,384
0.42
Single-Family Home
$229,900
08/01/23
3
2
1,036
1.20
Single-Family Home
$460,000
10/25/23
3
3
1,856
1.31
Single-Family Home
$429,000
08/08/23
3
2
1,898
0.84
Single-Family Home
$175,000
01/26/24
2
1
1,500
1.33
Single-Family Home
$323,000
03/25/24
3
2
1,898

What Locals Say about Heber Springs

  • Ariellandreth
    "Quick and simplistic I did enjoy the views and the scenery and the slow moving reality it’s a wonderful slow down for life "
    7
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  • Scooby_dm
    "Nice place to visit and would be a nice place to live as well. We enjoy coming here and vacationing. "
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  • Katsmullis
    "Close to schools. Beautiful quiet neighborhood. Close to the lake and Sandy Beach. Little or no traffic in circle drive, safe for children to play. "
    0
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  • Vicebp
    "Friendly neighbors. Well kept yards. Houses kept in good condition. Yards are neat and manicured and we'll designed."
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  • Brandon C.
    "I've lived in my neighborhood for 4, almost 5 years, and its been a great living experience. Heber Springs is a great little lake town and summer is always amazing here. "
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  • Kristy C.
    "Wonderful community to raise your children, work in, and retire. Lake and river right here for all kinds of outdoor activities. "
    2
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  • Jlwebb14
    "A wonderful place to live near the park and right on the lake. Outside of town yet only minutes from the heart of Heber Springs, a lively summer lake town."
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LGBTQ Local Legal Protections

Jo Anne Wyatt, Crye*Leike Brock Real Estate
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1320 Rainbow Rd, Heber Springs, AR 72543 is a 4 bedroom, 3 bathroom, 3,139 sqft single-family home built in 1985. This property is currently available for sale and was listed by CARMLS on Mar 14, 2024. The MLS # for this home is MLS# 24008562.