Under contract - Backup offers only. This successful Short-term Rental, Beautifully renovated 3-bedroom, 1-bath ranch located in the popular, Gold Star-rated vacation home community of Arrowhead Lake. This open-concept home features an updated kitchen and bath, central A/C, electric fireplace, and a backup generator capable of powering the home for up to 7 days.
The property offers exceptional privacy with empty lots on both sides and no rear neighbors and a full privacy fence. The fenced backyard includes a year-round hot tub on a cement pad and a fire pit with Adirondack seating—key features that contribute to its strong short-term rental performance.
Currently operating as a successful Airbnb, this home generated approximately $45,000 in gross STR income over the past 12 months, with potential to increase further.
Arrowhead Lake offers 3 pools, 2 lakes, 4 beaches, a fitness center, courts, playgrounds, and year-round activities—all accessible by foot or golf cart in this gated, family-friendly community.
Turnkey, income-producing, and one of a kind—this is a rare opportunity in the Poconos.
Sold for $260,000
$260,000
202 Owassa Dr, Pocono Lake, PA 18347
3beds
912sqft
Single Family Residence
Built in 1975
9,583 Square Feet Lot
$272,000 Zestimate®
$285/sqft
$1,970 Estimated rent
Home value
$272,000
$223,000 - $329,000
$1,970/mo
Zestimate® history
Owner options
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$1,970/mo
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$3,579/mo
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List your homeWhat's special
Electric fireplaceYear-round hot tubFire pitBackup generatorFenced backyardAdirondack seatingExceptional privacy
Zillow last checked:
Listing updated:
Listed by:
Mark T Shay 610-357-4648,
Keller Williams Real Estate - Albrightsville
Bought with:
Tina Tobin, RS368492
Classic Properties - Mountainhome
Source: PMAR,MLS#: PM-131515
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Bedroom 2
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Bedroom 3
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Primary bathroom
- Level: Main
- Area: 30
- Dimensions: 6 x 5
Dining room
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Kitchen
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Living room
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Features
- Has fireplace: No
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
- Finished area above ground: 912
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Features
- Stories: 1
- Has spa: Yes
- Spa features: Outdoor, Above Ground
Lot
- Size: 9,583 Square Feet
- Dimensions: 75 x 133
Details
- Parcel number: 19.17D.2.208
- Zoning: R-
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1975
Community & HOA
Community
- Subdivision: Arrowhead Lakes
HOA
- Has HOA: Yes
- Amenities included: Security, Gated, Clubhouse, Party Room, Picnic Area, Restaurant, Playground, Golf Carts Allowed, Outdoor Pool, Fitness Center, Tennis Court(s), Basketball Court
- Services included: Trash, Maintenance Road
- HOA fee: $1,870 annually
Location
- Region: Pocono Lake
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $82,970
- Annual tax amount: $2,507
- Date on market: 4/23/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $260,000$285/sqft |
Source: PMAR #PM-131515 Report a problem | ||
| 4/30/2025 | Pending sale | $260,000$285/sqft |
Source: PMAR #PM-131515 Report a problem | ||
| 4/23/2025 | Listed for sale | $260,000+700%$285/sqft |
Source: PMAR #PM-131515 Report a problem | ||
| 9/17/2021 | Sold | $32,500$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,508 +8.3% | $82,970 |
| 2024 | $2,316 +9.4% | $82,970 |
| 2023 | $2,117 +1.8% | $82,970 |
| 2022 | $2,080 | $82,970 |
| 2021 | $2,080 | $82,970 |
| 2020 | $2,080 -10.3% | $82,970 +514.6% |
| 2019 | $2,318 | $13,500 |
| 2018 | $2,318 | $13,500 |
| 2017 | $2,318 +371.3% | $13,500 |
| 2016 | $492 | $13,500 |
| 2015 | -- | $13,500 |
| 2014 | -- | $13,500 |
| 2013 | -- | $13,500 |
| 2012 | -- | $13,500 |
| 2011 | -- | $13,500 |
| 2010 | -- | $13,500 |
| 2008 | -- | $13,500 |
| 2007 | -- | $13,500 |
| 2006 | -- | $13,500 |
| 2005 | -- | $13,500 |
| 2004 | -- | $13,500 |
| 2003 | -- | $13,500 |
Find assessor info on the county website
Neighborhood: 18347
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Nearby schools
GreatSchools rating
- 5/10Tobyhanna El CenterGrades: K-6Distance: 5.1 mi
- 4/10Pocono Mountain West Junior High SchoolGrades: 7-8Distance: 7.3 mi
- 7/10Pocono Mountain West High SchoolGrades: 9-12Distance: 7.5 mi
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- Pennsylvania
- Monroe County
- Pocono Lake
- 18347
- 202 Owassa Dr
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