137 Rainbow Drive
Hardy, AR, 72542 $ 399,000
Bedrooms4 Baths3.0 Sq 2,448 Monthly Estimate*
$ 2,457
for $399,000 with 4 bedrooms and 3 full baths. This 2,448 square foot home was built in 1979 on a lot size of 13.62.
Tucked away on 13.62± surveyed acres in the rolling Ozark hills, this Rainbow Lake retreat offers the rare combination of privacy, space, and convenience. Surrounded by mature trees and abundant wildlife, youâll feel miles from it all while downtown Hardy and the world-famous Spring River are less than five minutes away. Inside, a striking floor-to-ceiling native stone fireplace, vaulted ceilings, warm wood floors, & a spacious custom kitchen with ceramic tile create an inviting place to gather. The screened porch overlooks peaceful woods and provides the perfect spot for morning coffee or quiet evenings. The top level features a spacious primary suite with a large walk-in closet, plus a laundry chute while the lower level offers an additional 2 rooms, full bath, laundry area, & extra storage. Outside, the detached 3-car garage includes a huge unfinished upper level ready for guest quarters, an apartment, game room, studio, or workshop. With a brand new heat pump, fresh coat of paint, 2022 architectural roof, city water and sewer, cleared lawn areas, outside storage buildings, & possible chicken coop!
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FeaturesInteriorInterior Amenities Washer Connection Dryer Connection-Electric Water Heater-Electric Window Treatments Walk-In Closet(s) Laundry Chute Built-Ins Ceiling Fan(s) Walk-in Shower Breakfast Bar
Beds 4
Total Bedrooms 2 Bedrooms Same Level 2 Bedrooms Upper Level 2 Bedrooms Lower Level
Floors Vinyl Tile Other (see remarks)
Kitchen Equipment Microwave Electric Range Dishwasher Disposal Trash Compactor Pantry Refrigerator-Stays Ice Machine
Walls/Ceilings Sheet Rock Sheet Rock Ceiling Vault Ceiling
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GeneralHeating Central Cool-Electric Heat Pump
Utilities Sewer-Public Water-Public Elec-Municipal (+Entergy) Tank Owned Other
Roof Architectural Shingle
Fireplaces Gas Logs Present Other (see remarks)
HOA Fee 0
Energy Features Insulated Windows Insulated Doors Attic Vent-Electric
Full Baths 3
Half Baths 0
Year Built 1979
Parking Garage Carport Parking Pads Three Car Four Car or More
Other Rooms Game Room Workshop/Craft Bonus Room Laundry Basement Other (see remarks)
Subdivision Metes & Bounds AR
Style Ranch
Stories Count Tri-Level
County Sharp
Class Residential
Type Rural Residential
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Green Features Programmable Thermostat
Warranty As-Is Prsnt Cnd at Clsng
Primary City Hardy
Directions Take Highway 62 412 to the red light in Hardy take the bypass and turn onto rainbow Drive
City Hardy
DOM 0
Postal Code 72542
Price Per Sq Ft Total AG 162.99
Restrictions Ordinances
Public Remarks Tucked away on 13.62± surveyed acres in the rolling Ozark hills this Rainbow Lake retreat offers the rare combination of privacy space and convenience. Surrounded by mature trees and abundant wildli
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ExteriorExterior Rock & Frame Cypress
Exterior Amenities Patio Screened Porch Outside Storage Area Guttering Shop Video Surveillance Covered Patio
Road Surface Paved
Foundation Slab/Crawl Combination
Lake Name Rainbow Lake
Lot Size Area 13.62
Lake Yes
Lot Dimensions 13.62acres+/-
Lot Level Rural Property River/Lake Area Lake View Lake Front
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* Excluded FeaturesList ByJessie FriendListing Agent
Coldwell Banker Ozark Real Estate CompanyBroker
agentjessiefriend@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,457
- Monthly Property Taxes
- $67
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Hardy, AR
Average List Price $296,317
Percent of Sale Price 26%
About Hardy, AR 831 Population
5% Since 2002
$ 27,153 Median Income
50.16 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/16/2026 | $399,000 | | Listed Price |