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$649,900   Price Analysis
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1320 Rainbow Rd
Heber Springs, AR 72543
4 bed 3 bath 3,139 SqFt ($207/SqFt)
0.76 acre lot. Built 1985
Listed 2024-03-14, Taxes $1,268
USDA Eligible
near Heber Springs, AR
 Restrictions may apply
due to home size

Rustic riverfront property on the Little Red River!

* Sale Pending *

This property includes 165 feet of river frontag (1 1/2 lots). This 4-bedr oom, 3-bathroom home features, newly updated kitchen and living area with a woodburning fireplace, 3BR, 2BAs on upper level and downstairs has a open living areas, 1BR and 1BA. Great space for gameroom or separate guests quarters. Living areas have excellent 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 minutes to Greers Ferry Lake and restaurants, this property offers the perfect combination of privacy and convenience. This property would make a extraordinary 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)


Presented by Jo Anne Wyatt at
Crye*Leike Brock Real Estate.
Listing Agent Photo

Property MLS #24008562 from Carmls

Bedrooms: 4

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Washer Connection
Washer-Stays
Dryer Connection-Electric
Dryer-Stays
Water Heater-Electric
Walk-In Closet(s)
Ceiling Fan(s)
Walk-in Shower
Breakfast Bar
Wired for Highspeed Inter
Interior Amenities: Office/Study, Game Room, Laundry, Basement
Ceilings: Sheet Rock, Vault Ceiling, Wood Ceiling
Flooring: Carpet, Tile, Luxury Vinyl

Basement Features: Full, Finished, Outside Access/Walk-Out, Heated, Cooled

Fireplace Features: Woodburning-Site-Built
Central Cool-Electric
Central Heat-Electric
Heat Pump

Dining Area Description: Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar
Kitchen Features: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Deck
Porch
Guttering
Boat Dock
Roads: Paved

Lot Description: Level, Resort Property, River Front, River View, Cleared, In Subdivision
Lot Size Acres: 0.76
Lot Size Square Feet: 33106

Garage Spaces: 3
Parking Features: Garage, Three Car, Detached, Auto Door Opener, Side Entry

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1644
Source Listing Status: Under Contract
County: Cleburne
Directions: From Heber Springs, head North on Hwy. 25 across the Dam. Turn right on Rainbow Rd and follow to 8th house past Lindsey's Rainbow Resort.
Restrictions: Bill of Assurance
Source Property Type: Residential
Area: HEBER SPRINGS
Source Neighborhood: Valle Jo Meadows-River
Subdivision: Valle Jo Meadows-River
Property Features: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Guest Bedroom Apart, 3 Bedrooms Same Level
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$55,632 + $15,000
$70,632
$1,268
2021$29,370 + $14,000
$43,370
$1,268
2020$29,370 + $14,000
$43,370
$1,268
2018$29,370 + $14,000
$43,370
$1,293
2017$29,370 + $14,000
$43,370
$1,293
2016$29,370 + $14,000
$43,370
$1,407
2015$29,370 + $17,000
$46,370
$1,407
2014$29,370 + $17,000
$46,370
$1,403
2013$29,370 + $17,000
$46,370
$1,329
2012$27,319 + $17,000
$44,319
$1,111
2011$29,370 + $17,000
$46,370
$996
2010$22,020 + $17,000
$39,020
$996
2009$22,020 + $17,000
$39,020
$996
2008$22,380 + $17,000
$39,380
$1,008
2007$22,380 + $17,000
$39,380
$1,008
2005$25,130 + $7,500
$32,630
$1,125

Listed 2024-03-14
$649,900
Carmls
Listing removed 2023-10-11
$675,000
Carmls
Listing removed 2023-09-11
$0
Carmls
Price Changed 2023-08-15
$675,000
Carmls
Price Changed 2023-06-28
$699,500
Carmls
Price Changed 2023-05-22
$725,000
Carmls
Listed 2023-03-10
$750,000
Carmls
Sold 2001-08-02
$165,000
Public Record

Total Square Feet Living: 3139
Year Built: 1985
Building Exterior Type: Frame
Foundation Details: Slab
Property Age: 39
Roof: Metal
Levels or Stories: Two Story
House Style: Traditional

Septic
Water-Public
Electric-Co-op
TV-Cable
Water Source: Water-Public

Energy Information: Insulated Windows, Insulated Doors

Heber Springs Middle School is a public middle school located approximately 5.2 miles away.
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Heber Springs Elementary School is a public elementary school located approximately 5.3 miles away.
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Heber Springs High School is a public high school located approximately 5.3 miles away.
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Clearview Christian Academy is a private elementary and middle school located approximately 3.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.