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!
Sold for $276,000
$276,000
1040 Rainbow Dr, Lake Ariel, PA 18436
3beds
2,157sqft
Single Family Residence
Built in 1992
0.29 Acres Lot
$293,700 Zestimate®
$128/sqft
$2,076 Estimated rent
Home value
$293,700
$235,000 - $364,000
$2,076/mo
Zestimate® history
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$2,372/mo
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Zillow last checked:
Listing updated:
Listed by:
Natasha Harmuth 610-241-6418,
Berkshire Hathaway Home Services Fox & Roach REALTORS
Bought with:
Natasha Harmuth, RS338288
Berkshire Hathaway Home Services Fox & Roach REALTORS
Source: PWAR as distributed by MLS GRID,MLS#: PW251352
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Description: Knotty Pine Ceiling
- Area: 132
- Dimensions: 12 x 11
Bedroom 2
- Description: Knotty Pine Ceiling
- Area: 110
- Dimensions: 11 x 10
Bedroom 3
- Description: Attached Bathroom, Skylight
- Area: 176
- Dimensions: 16 x 11
Bathroom 1
- Description: Shower/Tub Combination
- Area: 48
- Dimensions: 8 x 6
Bathroom 2
- Description: Walk-In Shower, Skylight
- Area: 54
- Dimensions: 9 x 6
Basement
- Description: Partially Finished
- Area: 540
- Dimensions: 30 x 18
Dining room
- Description: Knotty Pine Ceiling
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Description: Breakfast Bar, Granite Countertops
- Area: 168
- Dimensions: 14 x 12
Living room
- Description: Deck Access, Vaulted Ceiling, Fireplace
- Area: 168
- Dimensions: 14 x 12
Loft
- Area: 204
- Dimensions: 17 x 12
Heating
- Electric, Propane
Cooling
- Ceiling Fan(s), Ductless
Appliances
- Included: Dryer, Washer, Refrigerator, Microwave
Features
- Beamed Ceilings, Vaulted Ceiling(s), Kitchen Island, Ceiling Fan(s)
- Basement: Daylight,Walk-Out Access,Finished
- Number of fireplaces: 1
- Fireplace features: Propane
Interior area
- Total structure area: 2,157
- Total interior livable area: 2,157 sqft
- Finished area above ground: 1,281
- Finished area below ground: 876
Property
Parking
- Total spaces: 10
- Parking features: Circular Driveway
- Uncovered spaces: 10
Features
- Stories: 2
- Patio & porch: Deck
- Pool features: Community, Association
- Body of water: Lake Wallenpaupack
Lot
- Size: 0.29 Acres
Details
- Parcel number: 19000300282
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- T1-11
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Comm Central
Community & HOA
Community
- Features: Fitness Center, Tennis Court(s), Lake
- Subdivision: Wallenpaupack Lake Estates
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Trail(s), Trash, Marina, Tennis Court(s), Shuffleboard Court, Security, Sauna, Game Room, Indoor Pool, Fitness Center, Dog Park, Billiard Room, Beach Rights, Beach Access
- Services included: Sewer, Water, Trash
- HOA fee: $590 quarterly
Location
- Region: Lake Ariel
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $200,800
- Annual tax amount: $2,924
- Date on market: 5/12/2025
- Cumulative days on market: 12 days
- Inclusions: Refrigerator, Oven/Range, Microwave, Washer, Dryer, and Some Furniture.
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $276,000-9.5%$128/sqft |
Source:  PWAR as distributed by MLS GRID #PW251352 Report a problem | ||
| 5/22/2025 | Pending sale | $305,000$141/sqft |
Source: PWAR as distributed by MLS GRID #PW251352 Report a problem | ||
| 5/22/2025 | Contingent | $305,000$141/sqft |
Source:  Bright MLS #PAWN2000676 Report a problem | ||
| 5/12/2025 | Listed for sale | $305,000$141/sqft |
Source: PWAR as distributed by MLS GRID #PW251352 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,876 +3% | $200,800 |
| 2024 | $2,792 | $200,800 |
| 2023 | $2,792 +5.5% | $200,800 +64.5% |
| 2022 | $2,647 +1.8% | $122,100 |
| 2021 | $2,600 +8% | $122,100 |
| 2020 | $2,408 +5.7% | $122,100 |
| 2019 | $2,279 -4.4% | $122,100 |
| 2018 | $2,384 +327% | $122,100 |
| 2017 | $558 -62.9% | $122,100 |
| 2016 | $1,507 | $122,100 +11.4% |
| 2014 | $1,507 | $109,600 |
| 2013 | -- | $109,600 |
| 2012 | -- | $109,600 |
| 2011 | -- | $109,600 |
| 2010 | -- | $109,600 +2% |
| 2007 | -- | $107,400 |
Find assessor info on the county website
Neighborhood: 18436
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Nearby schools
GreatSchools rating
- 5/10Wallenpaupack North Intrmd SchoolGrades: 3-5Distance: 6.8 mi
- 6/10Wallenpaupack Area Middle SchoolGrades: 6-8Distance: 6.8 mi
- 7/10Wallenpaupack Area High SchoolGrades: 9-12Distance: 6.4 mi
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- Pennsylvania
- Wayne County
- Lake Ariel
- 18436
- 1040 Rainbow Dr
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