$329,000
SOLD DEC 6, 2024

159 Rainbow Dr Lackawaxen, PA 18435

3 Beds
1.5 Baths
1,100 Sq Ft
0.71 Acres

Recently Sold

$299 Per Sq Ft

2% Below List Price

17 Days on Market

Highlights

  • Community Stables
  • Above Ground Spa
  • Open Floorplan
  • Fitness Center
  • Fishing
  • Chalet

About This Home

As of December 2024

Check-in to your permanent vacation at this stunningly renovated 3-bedroom Pocono Ski Chalet, located in the highly coveted Masthope Mountain Community! A perfect blend of modern luxury and cozy mountain charm, this year-round retreat is designed for relaxation and adventure. With high-end finishes, an open-concept layout, and plenty of space to sleep 8, this home offers everything you need for comfort and style.The main floor features 2 bedrooms, 1.5 bathrooms, a fireplace, and a convenient laundry area. Upstairs, escape to a spacious loft-style king bedroom with flexible space that can be customized to suit your needs--whether as an additional bedroom, office, or cozy lounge. Be sure to find the hidden kids' play area tucked away upstairs!Imagine winter days spent skiing at Big Bear, followed by dinner with friends at the Summit Restaurant and a relaxing soak in your private hot tub. Wind down with a movie by the fire before drifting off in your mountain sanctuary. In summer, enjoy the community's powerboat-friendly lake, splash around at the pools with water slides, or sip a drink at the Tiki Bar. Return home to roast s'mores around your fire pit and enjoy your peaceful outdoor oasis.Whether you're looking for a vacation home or investment property, this chalet is priced affordably and comes with proven rental income--earning $22,000 last year alone through AirBnB when not in use. If you've always dreamed of resort-style living, this home is for you. Isn't it time to enjoy the lifestyle you deserve?

Last Agent to Sell the Property

Kate Daye

Revolve Real Estate License #RM425525 Listed on: 10/10/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 302 x 103 x 332 x 103
  • Property fronts a private road
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Chalet
  • Permanent Foundation
  • Fire Rated Drywall
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Basement
  • Sump Pump

Kitchen

  • Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Indoor Smart Camera
  • Smart Locks

Outdoor Features

  • Above Ground Spa
  • Deck
  • Fire Pit
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Playground

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 013.03-05-70 102077

Community Details

Overview

  • Masthope Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Masthope main entrance make R onto Falling Waters Boulevard, L onto E Lakeview Rd., R on Maple leaf Rd, L on Rainbow Dr., house on R
  • Unit Levels: Two
  • Lot Size Acres: 0.71
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Masthope
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Laundry Room, Main Level
  • ResoLotFeatures: Rectangular Lot, Wooded
  • ResoPoolFeatures: Association
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Westcolang Lake
  • ResoOtherEquipment: Negotiable
  • ResoSecurityFeatures: See Remarks
  • Inclusions: Will consider selling turn-key / furnished for additional amount.
  • Above Grade Finished Sq Ft: 1100
  • Architectural Style: Chalet
  • Garage Yn: No
  • Reso Interior Features: Beamed Ceilings, Smart Home, Open Floorplan, Drywall
  • New Construction: No
  • Reso Other Structures: Shed(s), Storage
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Window Treatments
  • Financial Info Electric: 200+ Amp Service
  • AtticFeatures: Other
  • AuctionYN: No
  • SchoolTaxAmount: 1232.00
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range Hood, Washer, Refrigerator, Microwave, Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Has Basement: Sump Pump
  • Flooring: Wood
  • Spa Features: Above Ground, Private
  • Private Spa: Yes
  • Basement YN: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: T1-11
  • Exterior Features: Fire Pit, Smart Camera(s)/Recording, Storage, Smart Lock(s), Playground, Outdoor Grill, Lighting
  • Foundation Details: Permanent
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None, Window Unit(s)
  • Heating: Baseboard, Electric
  • Utilities: Electricity Connected, Water Connected, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Stable(s), Street Lights, Restaurant, Fishing, Pool, Playground, Park, Other, Lake, Fitness Center

Schools

  • Junior High Dist: Wallenpaupack Area

Lot Info

  • Zoning: R
  • Current Use: Bed & Breakfast, Single Family, Recreational
  • Lot Dimensions: 302 x 103 x 332 x 103
  • Parcel #: 013.03-05-70 102077
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1838
  • Tax Book Number: 2709-357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 9, 2024
Sold by
Ruff Steven
Bought by
Dolce Courtney and Dolce Jack J
Seller's Agent
Kate Daye
Revolve Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$335,000
Sold Price
$329,000
Premium/Discount to List
-$6,000
-1.79%
Views
7
Current Estimated Value
$330,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,156
Avg. Annual Appreciation
1.97%

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 6, 2024
Sold by
Ruff Steven and Kohm Gina
Bought by
Dolce Courtney A and Dolce Jack J
Seller's Agent
Kate Daye
Revolve Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$335,000
Sold Price
$329,000
Premium/Discount to List
-$6,000
-1.79%
Views
7

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 1, 2022
Sold by
Arcaro Luigi N
Bought by
Ruff Steven
Seller's Agent
Alicia Kowalik
Wallenpaupack Realty
Buyer's Agent
Wendy Creamer
Wallenpaupack Realty
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $329,000 --
Deed $329,000 None Listed On Document
Deed $329,000 None Listed On Document
Warranty Deed $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $329,000 -1.8% $299 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $335,000 +45.7% $305 / Sq Ft
08/23/2022 08/23/22 Sold $230,000 +2.2% $215 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $225,000 +246.2% $210 / Sq Ft
03/15/2014 03/15/14 Sold $65,000 -26.6% $57 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $88,500 -- $77 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

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 $1,934 $16,250 $3,000 $13,250
2024 $1,934 $16,250 $3,000 $13,250
2023 $1,865 $16,250 $3,000 $13,250
2022 $1,825 $16,250 $3,000 $13,250
2021 $1,792 $16,250 $3,000 $13,250
2020 $1,792 $16,250 $3,000 $13,250
2019 $1,739 $16,250 $3,000 $13,250
2018 $1,712 $16,250 $3,000 $13,250
2017 $1,662 $16,250 $3,000 $13,250
2016 $0 $16,250 $3,000 $13,250
2014 -- $15,690 $3,000 $12,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC5323

Greater Scranton Board of REALTORS®

APN: 102077