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Sold for $421,000
    • $421,000

    313 Monarch Way, Pocono Lake, PA 18347

    3beds
    1,351sqft
    Single Family Residence
    Built in 1978
    0.45 Acres Lot
    $414,700 Zestimate®
    $312/sqft
    $2,145 Estimated rent

    Home value

    $414,700

    $394,000 - $435,000

    $2,145/mo

    Zestimate® history
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    What's special

    Stone fireplacePrivate hot tubOne-of-a-kind camp-style bunkroomPirate ship treehouseArcade loftSpacious deckFire pit
    OFFER ACCEPTED .... BACK UP OFFERS ARE WELCOME!! TURNKEY INCOME PRODUCING STR -- $68K annual revenue two years running and ranked in the top 5% of all Airbnb listings. Known as ''Monarch Cottage,'' this extremely well-maintained 3-bedroom, 1.5-bath Pocono chalet is a proven, permitted short-term rental with a 4.97-star rating across 147 reviews. Meticulously cared for, thoughtfully updated and professionally designed, the home features vaulted ceilings, floor-to-ceiling windows, a stone fireplace, a renovated full bath, an updated kitchen with stainless appliances, and a one-of-a-kind camp-style bunkroom and arcade loft that guests rave about. Outside, enjoy a private hot tub, fire pit, screened-in porch, spacious deck, and a pirate ship treehouse -- the amenity package driving premium nightly rates. Set in amenity-rich Locust Lake Village, steps from a private beach and three lakes with lifeguarded swimming, a ski hill, tennis, and community events, and just 15-20 minutes from Jack Frost, Big Boulder, Camelback, Kalahari, and Pocono Raceway -- true four-season demand with no dead months. Sold as a fully operational business this is a rare chance to buy documented cash flow, not projections.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorena Alvarez 917-757-3049,

    exp Realty, LLC - Philadelphia

    Bought with:

    Lorena Alvarez, RS371014

    exp Realty, LLC - Philadelphia

    Source: PMAR,MLS#: PM-143112

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Ductless
    Cooling
    • Ductless
    Appliances
    • Included: Electric Oven, Electric Range, Refrigerator, Dishwasher, Exhaust Fan, Microwave, Washer, Dryer
    Features
    • Eat-in Kitchen, Vaulted Ceiling(s)
    • Flooring: Luxury Vinyl
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Propane
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,351
    • Total interior livable area: 1,351 sqft
    • Finished area above ground: 1,351
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage, Open
    • Garage spaces: 1
    • Uncovered spaces: 4
    Features
    • Stories: 2
    • Patio & porch: Front Porch, Side Porch, Deck, Enclosed
    • Exterior features: Barbecue, Gas Grill, Fire Pit
    • Has spa: Yes
    • Spa features: Outdoor
    Lot
    • Size: 0.45 Acres
    Details
    • Parcel number: 19.12E.1.56
    • Zoning description: Residential
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet
    • Property subtype: Single Family Residence
    Materials
    • T1-11
    • Roof: Asphalt
    Condition
    • Year built: 1978

    Utilities & green energy

    • Sewer: Private Sewer, Septic Tank
    • Water: Well
    • Utilities for property: Other

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Locust Lake Village
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Picnic Area, Playground, Tennis Court(s), Basketball Court
    • Services included: Maintenance Road
    • HOA fee: $1,733 annually
    Location
    • Region: Pocono Lake

    Financial & listing details

    • Price per square foot: $312/sqft
    • Tax assessed value: $127,650
    • Annual tax amount: $3,746
    • Date on market: 7/17/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: All Furnishings

    Price history

    DateEventPrice
    9/8/2026Sold$421,000-0.9%$312/sqft
    Source: PMAR #PM-143112 Report a problem
    8/10/2026Pending sale$425,000$315/sqft
    Source: PMAR #PM-143112 Report a problem
    8/6/2026Listing removed$425,000$315/sqft
    Source: eXp Realty #PM-143112 Report a problem
    8/5/2026Pending sale$425,000$315/sqft
    Source: PMAR #PM-143112 Report a problem
    7/17/2026Listed for sale$425,000+22.1%$315/sqft
    Source: PMAR #PM-143112 Report a problem
    10/16/2023Sold$348,000+178.4%$258/sqft
    Source: Public Record Report a problem
    9/20/2019Sold$125,000-13.8%$93/sqft
    Source: GLVR #612490 Report a problem
    5/31/2019Listed for sale$145,000+26.2%$107/sqft
    Source: Lehigh Valley Regional Realty #612490 Report a problem
    7/7/2015Listing removed$114,900$85/sqft
    Source: Keller Williams - Pocono #PM-22348 Report a problem
    5/22/2015Price change$114,900-2.2%$85/sqft
    Source: Keller Williams - Pocono #PM-22348 Report a problem
    4/18/2015Price change$117,500-6%$87/sqft
    Source: Keller Williams - Pocono #PM-22348 Report a problem
    4/17/2015Listed for sale$125,000$93/sqft
    Source: Keller Williams - Pocono #PM-22348 Report a problem
    1/16/2015Listing removed$125,000$93/sqft
    Source: Keller Williams Real Estate #PM-18335 Report a problem
    11/13/2014Listed for sale$125,000+6.9%$93/sqft
    Source: Keller Williams Real Estate #PM-18335 Report a problem
    10/18/2013Sold$116,900$87/sqft
    Source: PMAR #13-2023 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$3,986 +9.9%$127,650 +6.4%
    2025$3,626 +8.3%$119,970
    2024$3,349 +9.4%$119,970
    2023$3,061 +1.8%$119,970
    2022$3,008 $119,970
    2021$3,008 +0.8%$119,970 +0.8%
    2020$2,983 +2.5%$118,980 +602.4%
    2019$2,909 $16,940
    2018$2,909 +1.4%$16,940 +1.4%
    2017$2,868 +371.3%$16,700
    2016$609 $16,700
    2015-- $16,700
    2014-- $16,700
    2013-- $16,700
    2012-- $16,700
    2011-- $16,700
    2010-- $16,700
    2008-- $16,700
    2007-- $16,700
    2006-- $16,700
    2005-- $16,700
    2004-- $16,700 +0.6%
    2003-- $16,600
    Find assessor info on the county website

    Neighborhood: 18347

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    With Zillow Showcase(estimated)
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