741 Rainbow Rd
Bismarck, AR 71929
4 Beds
3 Baths
2,041 sqft (on 5.50 acres)
$1,295,000
Original price: $1,495,000
$1,295,000
Original price: $1,495,000
4 Beds
3 Baths
2,041 sqft
(on 5.50 acres)
Local Information
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Description
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$634
Listed
180+ days ago
Home Details for 741 Rainbow Rd
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MLS Status: Active |
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Interior Details Number 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: 2041 Square Feet |
Appliances & Utilities Appliances: Microwave, Dishwasher, Disposal, Refrigerator, Electric Water HeaterDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Laundry RoomMicrowaveRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Woodburning-Site-BuiltHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Vinyl |
View Has a ViewView: Lake |
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Exterior Home Features Roof: ShingleFoundation: Slab/Crawl Combination |
Parking & Garage Parking: Parking Pad |
Frontage WaterfrontWaterfront: Lake FrontRoad Surface Type: Dirt, GravelOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Frame, StoneNot a New Construction |
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Price List Price: $1,295,000Price Per Sqft: $634 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: BismarckCommunity: FRED SHEETS |
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Listing Agent Listing ID: 25024371 |
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Building Area Building Area: 2041 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 5.5 Acres |
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Listing Terms: Conventional, Cash |
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Mls Number: 25024371Water ViewWater View: LakeDays In Mls: 290 |
Last check for updates: about 9 hours ago
Listing courtesy of Lori Yates, (903) 809-9006
Century 21 All Points Realty, (903) 832-4561
Market trends in Bismarck
Last updated April 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
Price History for 741 Rainbow Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 03/30/2026 | $1,295,000 | PriceChange | TMLS #117967 |
| 06/16/2025 | $1,495,000 | Listed For Sale | TMLS #117967 |
| 08/31/2018 | $3,683 | Sold | N/A |
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New Listings near 741 Rainbow Rd
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,019 |
| Assessment | $201,850 |
Home facts updated by county records
Comparable Sales for 741 Rainbow Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.97 | Single-Family Home | $360,000 | 09/17/25 | 4 | 3 | 2,452 | |
1.12 | Single-Family Home | $189,000 | 11/14/25 | 3 | 2 | 1,360 | |
1.66 | Single-Family Home | $87,000 | 09/04/25 | 3 | 2 | 2,080 | |
2.57 | Single-Family Home | $220,000 | 10/03/25 | 2 | 1.5 | 1,373 | |
2.62 | Single-Family Home | $128,000 | 09/22/25 | 3 | 2 | 1,672 | |
2.33 | Single-Family Home | $110,000 | 05/06/26 | 1 | 1 | 560 | |
3.25 | Single-Family Home | $285,000 | 10/07/25 | 3 | 2 | 2,180 | |
2.78 | Single-Family Home | $23,500 | 10/20/25 | 3 | 2 | 1,064 | |
3.10 | Single-Family Home | $220,000 | 03/27/26 | 2 | 2 | 1,680 |
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SOLDSEP 17, 2025Nedra Plumlee, Crye-Leike REALTORS
SOLDMAR 17, 2026Beverly Palmer, Family Roots Realty
OFF MARKETRita K Smith, Bluebird Real Estate, LLC
SOLDNOV 14, 2025Vianey Soria, Trademark Real Estate, Inc.
OFF MARKETTerrie Davis, CENTURY 21 H.S.V. Realty
Assigned Schools
These are the assigned schools for 741 Rainbow Rd.
- Bismarck Elementary School
- PK-4
- Public
- 362 Students
8/10GreatSchools RatingParent Rating AverageOne of our children goes to Bismarck Elementary School and is enjoying her learning experience. The teachers she has had and has have gone out of their way to encourage her and provide extra material to stimulate further learning. The other staff, such as assistant teachers, playground staff and school bus drivers are all encouraging and perform their work with great care for the students. The principal and staff in the office also are friendly, helpful and very professional. We have been asked to volunteer on several occasions and participating with some of the other parents have been rewarding times. An excellent school all around !Parent Review15y ago - Bismarck High School
- 9-12
- Public
- 329 Students
8/10GreatSchools RatingParent Rating AverageMy three children have all received an excellent, well rounded education taught by compassionate teachers and caring staff at the Bismarck Elementary, Middle and High schools.Parent Review8y ago - Bismarck Middle School
- 5-8
- Public
- 330 Students
7/10GreatSchools RatingParent Rating AverageMy children have gone to Bismarck since kindergarten and we are so proud to be part of such an amazing community and school district. Bismarck Middle School has wonderful teachers and administration. Proud to be a Lion!!!Parent Review7mo ago 
Check out schools near 741 Rainbow Rd.
What Locals Say about Bismarck
At least 3 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say car is needed
100 % Say there's wildlife
100 % Say there's holiday spirit
88 % Say yards are well-kept
88 % Say it's quiet
71 % Say kids play outside
64 % Say neighbors are friendly
60 % Say people would walk alone at night
29 % Say it's dog friendly
29 % Say there are community events
25 % Say they plan to stay for at least 5 years
14 % Say it's walkable to restaurants
13 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lori Yates, Century 21 All Points Realty, (903) 832-4561
Agent Phone: (903) 809-9006
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.
741 Rainbow Rd, Bismarck, AR 71929 is a 4 bedroom, 3 bathroom, 2,041 sqft single-family home built in 1968. This property is currently available for sale and was listed by CARMLS on Jun 20, 2025. The MLS # for this home is MLS# 25024371.