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.
Detached
Single-familyProperty Type
1968Year Built
5.5 acresLot Size
$634Price/Sq.Ft.
Listed by Lori Yates• Century 21 All Points Realty
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.
CARMLS #25024371
Mar 30, 2026
Price Changed
$1,295,000
$634/sq ft
Jun 10, 2025
Listed
$1,495,000
$732/sq ft
Public Records
Nov 8, 2021
Sold
$386,948
$190/sq ft
Public Records
Jun 23, 1995
Sold
$18,000
$9/sq ft
Public Records
Feb 4, 1993
Sold
$80,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,019
$5,400 + $34,970
$40,370
2024
$2,019
$5,400 + $34,970
$40,370
2023
$2,019
$5,400 + $34,970
$40,370
2022
$2,019 (+35.4%)
$5,400 + $34,970
$40,370
2020
$1,491
$5,400 + $34,970
$40,370
2019
$1,491
$3,850 + $25,960
$29,810
2017
$1,491
$3,850 + $25,960
$29,810
2016
$1,490 (+2.1%)
$3,850 + $25,960
$29,810
2014
$1,459
$3,850 + $25,960
$29,810
2013
$1,459
$3,220 + $25,965
$29,185
Public record
Beds
—
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
4.5 Acres
Year renovated
—
Finished Sq. Ft.
2,717
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,717
Year built
1968
Style
Single Family Residential
County
Hot Spring County
APN
665-20002-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 17, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 20 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Bismarck, AR • 71929
Average low and high temperatures (°F)
50
30
61
39
73
49
77
57
79
62
87
72
93
73
92
70
85
65
79
54
67
47
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 741 Rainbow Rd
$1,140,287
$155K under list price of $1.30M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $87K to $600K.