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1046 Rainbow Drive

Lake Ariel, PA 18436
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Bed 5

Bed

Bath 3

Bath

SqFt2,548

Sqft

Acres0.25

Acre(Lot)

Spacious 5-bedroom, 2.5-bath home in the amenity-filled Wallenpaupack Lake Estates community! Offering 2,548 square feet of finished living space across three levels, this Lake Ariel home provides plenty of room for full-time living, a vacation getaway, or entertaining family and friends. The main living area features a dramatic vaulted ceiling, loft overlook, and beautiful stone fireplace that creates a warm Pocono feel. The kitchen and dining area offer plenty of space to gather, while the large rear deck extends the living space outdoors and is perfect for relaxing, grilling, and entertaining among the trees. The main level includes a primary bedroom, while two additional bedrooms are located upstairs along with the open loft overlooking the living room. Downstairs, the finished walk -out basement adds even more living space with two additional bedrooms and a large game/family room--an ideal setup for guests, recreation, or movie nights. The home comes mostly furnished, making it easy to start enjoying right away. Located in Wallenpaupack Lake Estates, owners have access to an impressive selection of community amenities and recreational opportunities. With five bedrooms, multiple gathering spaces, a finished walk-out lower level, expansive deck, and a great Lake Ariel location, this home offers plenty of space to enjoy everything the Lake Wallenpaupack area has to offer.

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Detail Ic Property Details

Property Type : Residential

Price : $379,900

AD Id : 90036817

MLS Id : PM-144182

Beds : 5

Lot Size : 0.25 Acre

Living Area Size : 2,548

Year Built : 1998

County : Wayne

Subdivision: Wallenpaupack Lake Estates

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Rooms Total: 9
  • Flooring Information

    Vinyl, Carpet, Hardwood, Tile
  • Roofing Information

    Shingle
  • Interior Features

    Vaulted Ceiling(s), Open Floorplan Roof: Shingle Appliances: Electric Range, Refrigerator, Dishwasher, Washer, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1998 Building Area Total: 2548 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No Association Fee Frequency: Annually

  • Lot Information

    Main Square Feet: 0.25 Acres Lot Size Acres: 0.25 Lot Size Square Feet: 10890

    Property Information

    Subdivision: Wallenpaupack Lake Estates Source Property Type: Residential Zoning Description: Residential Property SubType: Single Family Residence Property Age: 28

  • Listing Price Information

    Listing Price: $379900 Cash, Conventional

  • Tax Information

    Parcel Number: 035190 Tax Lot: 240 Tax Year: 2026 Annual Tax: $4357.19

  • Parking Information

    Driveway, Off Street
    Homeowners Association Information
    Has Association: Yes Included Fees: Security HOA: $2,464.00 Association Amenities: Security, Clubhouse, Picnic Area, Playground, Park, Recreation Facilities, Indoor Pool, Fitness Center, Tennis Court(s), Basketball Court, Sport Court, Other, Pool

  • Location Information

    WaterSource: Private
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
740 Woodridge Drive, Lake Ariel, PA, 18436 $250,000 2 2 1,352 1,352 SqFt
1082 Sunrise Terrace, Lake Ariel, PA, 18436 $455,000 4 2 2,200 2,200 SqFt
1014 Star View Terrace, Lake Ariel, PA, 18436 $499,000 4 3 3,044 3,044 SqFt
1007 Starview Terrace, Lake Ariel, PA, 18436 $299,000 3 2 1,128 1,128 SqFt
1025 Lake Shore Drive, Lake Ariel, PA, 18436 $395,000 4 3 2,137 2,137 SqFt
1053 Boathouse Road, Lake Ariel, PA, 18436 $424,900 3 3 2,100 2,100 SqFt
1045 Bear Trail Road, Lake Ariel, PA, 18436 $439,000 3 3 2,198 2,198 SqFt
134 N Lake Loop, Lake Ariel, PA, 18436 $1,550,000 3 3 2,484 2,484 SqFt
1035 Mohican Road, Lake Ariel, PA, 18436 $325,000 4 2 1,534 1,534 SqFt
1021 Calypso Drive, Lake Ariel, PA, 18436 $275,000 3 2 858 858 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Pocono Mountains Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 08/27/2026 @ 17:37

MLS: PM-144182 LISTED BY: Sean Esposito, Cobblestone Real Estate, LLC SOURCE: Pocono Mountains Association of REALTORS

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