$305,000
UNDER CONTRACT

1040 Rainbow Dr Lake Ariel, PA 18436

Estimated payment $2,148/month

Total Views 1,366
3 Beds
2 Baths
1,281 Sq Ft
$238 Price per Sq Ft

Highlights

  • Marina
  • Fitness Center
  • Lake Privileges
  • Pier or Dock
  • Open Floorplan
  • Chalet

About This Home

Step into the warmth and character of this stunning chalet-style home, where rustic charm meets modern convenience. Featuring vaulted ceilings in the living room, exposed knotty pine beams, and a cozy propane fireplace, this inviting space is perfect for relaxing after a day of adventure.Enjoy ground-floor entry for seamless access and retreat to the primary bedroom with a private en-suite bathroom for ultimate comfort. Outside, the large circular driveway easily accommodates up to 10 cars, making parking a breeze for guests and allowing easy boat trailering for lake lovers.The POA dues cover the water, sewer and trash bills! Enjoy all the amenities the Wallenpaupack Lake Estates community has to offer. You have privileges to access 2 private lakes, beaches, 2 outdoor pools, an indoor pool & gym, dog park, lodges & game room as well as access to the private community marina on the big lake, Lake Wallenpaupack! You’re not just buying a house; you’re treating yourself to a resort-like lifestyle!

Listing Agent

Natasha Harmuth

BHHS Fox & Roach-West Chester License #RS338288

BHHS Fox & Roach-West Chester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1992

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Chalet
  • Block Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,281 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Partially Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Stove

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Laundry in Basement
  • Basement Windows

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces
  • Circular Driveway
  • Gravel Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Lake Privileges
  • 0.29 Acre Lot

Community Details

Overview

  • Association fees include trash, water, sewer
  • Wallenpaupack Lake Estates HOA
  • Wallenpaupack Lake Estates Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room

Recreation

  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Volleyball Courts
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Dog Park
  • Jogging Path

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1992

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Oven/Range, Microwave, Washer, Dryer, and Some Furniture.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-05-16
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Step into the warmth and character of this stunning chalet-style home, where rustic charm meets modern convenience. Featuring vaulted ceilings in the living room, exposed knotty pine beams, and a cozy propane fireplace, this inviting space is perfect for relaxing after a day of adventure. Enjoy ground-floor entry for seamless access and retreat to the primary bedroom with a private en-suite bathroom for ultimate comfort. Outside, the large circular driveway easily accommodates up to 10 cars, making parking a breeze for guests and allowing easy boat trailering for lake lovers. The POA dues cover the water, sewer and trash bills! Enjoy all the amenities the Wallenpaupack Lake Estates community has to offer. You have privileges to access 2 private lakes, beaches, 2 outdoor pools, an indoor pool & gym, dog park, lodges & game room as well as access to the private community marina on the big lake, Lake Wallenpaupack! You’re not just buying a house; you’re treating yourself to a resort-like lifestyle!
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Interior Amenities: Combination Kitchen/Dining, Exposed Beams, Floor Plan - Open, Skylight(s)
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Loft, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Daylight, Full, Heated, Partially Finished, Walkout Level, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 1281
  • Living Area Sq Ft: 1281
  • Price Per Sq Ft: 238.10
  • Above Grade Finished Sq Ft: 1281
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1040

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: T-1-11
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Crushed Stone
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 590.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Billiard Room, Club House, Dog Park, Fitness Center, Game Room, Jog/Walk Path, Lake, Marina/Marina Club, Picnic Area, Pier/Dock, Pool - Indoor, Pool - Outdoor, Sauna, Security, Shuffleboard, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Trash, Water, Sewer
  • HOA Name: WALLENPAUPACK LAKE ESTATES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WALLENPAUPACK AREA
  • School District Key: 300200397118
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.40
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2924.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2025

MLS Schools

  • School District Name: WALLENPAUPACK AREA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,925 $200,800 $30,400 $170,400
2024 $2,792 $200,800 $30,400 $170,400
2023 $3,913 $200,800 $30,400 $170,400
2022 $2,647 $122,100 $16,300 $105,800
2021 $2,600 $122,100 $16,300 $105,800
2020 $2,593 $122,100 $16,300 $105,800
2019 $2,432 $122,100 $16,300 $105,800
2018 $2,384 $122,100 $16,300 $105,800
2017 $558 $122,100 $16,300 $105,800
2016 $2,254 $122,100 $16,300 $105,800
2014 -- $109,600 $16,300 $93,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $305,000 -- $238 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: PAWN2000676

Bright MLS

APN: 035188