$630,105
SOLD JAN 17, 2025

288 Falling Waters Blvd Lackawaxen, PA 18435

5 Beds
4 Baths
3,606 Sq Ft
1.06 Acres

Recently Sold

$175 Per Sq Ft

14% Below List Price

29 Days on Market

Highlights

  • Community Beach Access
  • Deeded access to the beach
  • Fishing
  • Community Stables
  • Fitness Center
  • Views of Trees

About This Home

As of January 2025

Welcome to this exceptional 5-bedroom, 4-bath property located in full amenity Masthope Mountain community offering a luxurious lifestyle and backs up to private community greenbelt. This home is absolutely TURN KEY with furniture, jetskis, and ATVs included so you can move in and instantly enjoy! With two master suites, this home is ideal for multi-generational living or hosting guests in comfort. Inside, you'll be greeted by high vaulted ceilings and beautiful hardwood floors, creating a bright and open atmosphere. The high-end kitchen is a chef's delight, featuring premium appliances and modern finishes. Step outside to the large front and rear decks, perfect for entertaining or relaxing while enjoying the peaceful surroundings of your one-acre lot.The finished lower-level family room provides additional space for relaxation or recreation, while central AC ensures comfort throughout the home. Abundant natural light fills every room, enhancing the inviting feel. The property includes an attached 1-car garage as well as an additional detached 25' x 14' garage, providing ample storage for all the toys and more. Located near the lake and beach, this home also grants access to a wide range of community amenities, including 2 pools, skiing at Ski Big Bear, horseback riding, a fitness center, and access to the Delaware River. With everything you need for outdoor adventure and modern living, this one-of-a-kind home offers a rare opportunity to experience the best of both worlds. The home is set up for Airbnb-style rentals (wifi doors and thermostats, locked owners closets) and Masthope and Lackawaxen Township allow for Short Term Rentals (STR) with proper permits.

Last Agent to Sell the Property

Will Clauss

Davis R. Chant - Lake Wallenpaupack License #AB068616 Listed on: 10/16/2024

Last Buyer's Agent

Jessica Morigl

RE/MAX Best License #RSR002363

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 2009

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 193'x232'x232'x230'
  • Level Lot
  • Many Trees
  • Private Yard

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Parking Storage or Cabinetry

Property Views

  • Trees
  • Rural

Home Design

  • Chalet
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,606 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Smart Home
  • Smart Locks
  • Smart Thermostat

Outdoor Features

  • Deeded access to the beach
  • Personal Watercraft
  • Seasonal Pond
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Shed
  • Outbuilding

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Shared Water Source
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 013.04-01-05.074 112288

Community Details

Overview

  • Association fees include security, snow removal
  • Masthope Subdivision
  • Association Owns Recreation Facilities
  • Community Lake
  • Pond Year Round
  • Greenbelt

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Community Beach Access
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Sport Court
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Dog Park
  • Community Stables
  • Snow Removal

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,191

Year Built

Built in 2009

Lot Details

0

HOA Fees

$233 per month

Parking

1

Listing Details

  • Directions: From the Entrance of MasthopeHead south on Falling Waters Blvd. After 1.9 miles Destination will be on the left.
  • Lot Size Acres: 1.06
  • Prop. Type: Residential
  • Building Stories: 3
  • Subdivision Name: Masthope
  • Year Built: 2009
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Greenbelt, Many Trees, Level
  • Road Surface Type: Paved
  • Reso View: Rural, Trees/Woods
  • Water Body Name: Westcolang Lake
  • Reso Association Amenities: Basketball Court, Trail(s), Trash, Tennis Court(s), Security, Stable(s), Sport Court, Snow Removal, Shuffleboard Court, Powered Boats Allowed, Recreation Facilities, Pond Seasonal, Pond Year Round, Picnic Area, Playground, Marina, Fitness Center, Dog Park, Clubhouse, Beach Rights, Beach Access
  • Reso Association Fee Includes: Security, Snow Removal
  • Above Grade Finished Sq Ft: 2284
  • Architectural Style: Chalet
  • Reso Flooring: Carpet, Hardwood, Ceramic Tile
  • Garage Yn: Yes
  • Reso Interior Features: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Stone Counters, Soaking Tub, Smart Thermostat, Smart Home, Open Floorplan, Kitchen Island, High Speed Internet, High Ceilings, Granite Counters, Eat-in Kitchen, Ceiling Fan(s)
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Other Structures: Garage(s), Storage, Shed(s), Outbuilding
  • Master Plan Zoning: Residential
  • SchoolTaxAmount: 4337.87
  • LakeWaterwayInformation: Lake Rights,Powerboat(s),Personal Watercraft
  • CountyTaxAmount: 1277.47
  • EnhancedAcccessible: No
  • BelowGradeUnfinishedArea: 232.00
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Basement: Bath/Stubbed, Walk-Out Access, Interior Entry, Full, Finished, Daylight
  • Basement YN: Yes
  • Fireplace Features: Basement, Living Room, Great Room, Gas
  • Fireplaces: 2

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fire Pit, Smart Lock(s), Private Yard, Lighting
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Detached, Storage, Basement

Utilities

  • Cooling: Ceiling Fan(s), Zoned, Central Air
  • Heating: Baseboard, Propane, Forced Air, Fireplace(s), Electric
  • Sewer: Public Sewer
  • Water Source: Comm Central

Condo/Co-op/Association

  • Community Features: Clubhouse, Tennis Court(s), Stable(s), Restaurant, Pool, Playground, Park, Fitness Center, Lake, Fishing
  • Association Fee: 2800
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Lot Dimensions: 193'x232'x232'x230'
  • Parcel #: 013.04-01-05.074 112288

Tax Info

  • Tax Annual Amount: 6190.55
  • Tax Book Number: 2313/2566

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Jan 23, 2025
Sold by
Petriello Steven
Bought by
Colabella William R
Seller's Agent
Will Clauss
Davis R. Chant - Lake Wallenpaupack
Buyer's Agent
Jessica Morigl
RE/MAX Best
List Price
$729,995
Sold Price
$630,105
Premium/Discount to List
-$99,890
-13.68%
Views
11
Current Estimated Value
$663,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,518
Avg. Annual Appreciation
6.21%

Purchase Details

Listed on
Oct 16, 2024
Closed on
Jan 17, 2025
Sold by
Petriello Steven and Petriello Josephine
Bought by
Colabella William R
Seller's Agent
Will Clauss
Davis R. Chant - Lake Wallenpaupack
Buyer's Agent
Jessica Morigl
RE/MAX Best
List Price
$729,995
Sold Price
$630,105
Premium/Discount to List
-$99,890
-13.68%
Views
11

Purchase Details

Closed on
Jul 15, 2009
Sold by
Rice Howard J and Rice Lisa K
Bought by
Petriello Steven and Petriello Josephine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 $630,105 --
Deed $630,105 None Listed On Document
Deed $630,105 None Listed On Document
Deed $33,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $630,105 -13.7% $175 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $729,995 0.0% $202 / Sq Ft
10/18/2024 10/18/24 Off Market $729,995 -- --
10/16/2024 10/16/24 For Sale $729,995 -- $202 / Sq Ft
Source: Pike/Wayne Association 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 $6,086 $51,130 $3,900 $47,230
2024 $6,086 $51,130 $3,900 $47,230
2023 $5,869 $51,130 $3,900 $47,230
2022 $5,741 $51,130 $3,900 $47,230
2021 $5,639 $51,130 $3,900 $47,230
2020 $5,639 $51,130 $3,900 $47,230
2019 $5,471 $51,130 $3,900 $47,230
2018 $5,386 $51,130 $3,900 $47,230
2017 $5,229 $51,130 $3,900 $47,230
2016 $0 $51,130 $3,900 $47,230
2014 -- $51,130 $3,900 $47,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW243333

Pike/Wayne Association of REALTORS®

APN: 112288