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About This Home

This 4-bedroom, 3-bathroom single family at 137 Rainbow Drive in Hardy, AR is listed for $399,000 ($163 per sqft). Built in 1979, the home offers 2,448 sqft of living space on a 13.62 acres lot.

Agent Description

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, you'll 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!

Key Features

  • Built in 1979
  • 13.62 acre lot
  • Fireplace
  • Waterfront

Property Details

3 full
1979

Amenities

FireplaceWaterfront

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

137 Rainbow Drive

Hardy, AR 72542

Metes & Bounds

Features & Amenities

Interior Features

Washer ConnectionDryer Connection-ElectricWater Heater-ElectricWindow TreatmentsWalk-In Closet(s)Laundry ChuteBuilt-InsCeiling Fan(s)Walk-in ShowerBreakfast Bar

Exterior Features

PatioScreened PorchOutside Storage AreaGutteringShopVideo SurveillanceCovered Patio

Property Details

Flooring

VinylTile

Pool Features

PatioPorch

Parking

CarportGarage

Appliances

MicrowaveElectric RangeDishwasherDisposalTrash CompactorPantryRefrigerator-StaysIce Machine

Questions & Answers

This 4-bedroom, 3-bathroom single family at 137 Rainbow Drive is listed at $399,000 ($163/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.

Key features include: Built in 1979, 13.62 acre lot, Fireplace, Waterfront. Interior Features: Washer Connection, Dryer Connection-Electric, Water Heater-Electric. Exterior Features: Patio, Screened Porch, Outside Storage Area.

This property is listed by Jessie Friend and can be reached at 8707510841 or agentjessiefriend@gmail.com.

JF

Jessie Friend

Agent at Coldwell Banker Ozark Real Estate Company

(870) 751-0841

Listed by Coldwell Banker Ozark Real Estate Company · View on Broker Site

MLS# 26024253· Source: listhub· Updated 8 days ago

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

137 Rainbow Drive, Hardy, AR 72542

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