283 Owassa Drive Pocono Lake, PA $ 1,499,900
283 Owassa Drive
$ 1,499,900
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283 Owassa Drive

Pocono Lake, PA, 18347
$ 1,499,900
Bedrooms5 Baths3.0 Sq 3,420

Monthly Estimate*

$ 9,235

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Single Family Home for sale in Pocono Lake, PA

for $1,499,900 with 5 bedrooms and 3 full baths. This 3,420 square foot home was built in 2022.

Welcome to Sunset Horizon, a fully amenitized, newer construction, turnkey lakefront retreat in the highly sought-after and STR-friendly Arrowhead Lakes communitya rare combination of prime location, guest experience, and income potential. This true lakefront property delivers the full waterfront lifestyle, featuring unforgettable views and a strong amenity package, plus an additional 600+ sq ft unfinished space currently being completed, offering a blank canvas for future value-add features. Set yourself apart from the competition with premium outdoor features including private lake access, an expansive deck overlooking the water, a hot tub with lake views, fire pit for year-round enjoyment, and covered outdoor diningall designed to enhance guest experience and drive bookings. Spanning approximately 3,400 sq ft, the home offers 5 bedrooms and two oversized bonus rooms, providing ample space for large groups, events, and high-revenue stays. Originally designed by an owner/architect with both experience and revenue in mind, the home features a bright, open-concept layout with vaulted ceilings and panoramic lake views, creating a warm yet elevated mountain-lake aesthetic. The spacious living and dining areas are ideal for entertaining, while the fully equipped kitchen easily accommodates large gatherings. Flexible sleeping arrangementsincluding king suites, a bunk room, and additional guest roomsmaximize occupancy and booking versatility. This property features two large bonus spaces, designed to keep guests engaged year-round. The lower level includes a fully equipped game room, a major driver for family and group bookings. An additional spacecurrently being converted from the garageoffers the opportunity to create custom, high-impact amenities such as an indoor pool, private theater, or wellness space, allowing you to further increase revenue potential. Located within Arrowhead Lakes, guests enjoy access to 3 community pools, 4 beaches, tennis, basketball and volleyball courts, a playground, lodge, and fitness center, enhancing the overall guest experience and booking appeal. Whether you're seeking a cash-flowing investment, a hybrid vacation home, or a lifestyle property that delivers both enjoyment and returns, this lakefront retreat checks every box. Lakefront properties with this level of size, amenities, and income potential rarely come to marketdont miss the opportunity to own a true top-performing asset in the Poconos.

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Single Family Coming Soon

Price

$ 1,499,900

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 15,626

Style

Contemporary,Chalet

Year Built

2022

Town/City

Pocono Lake

County/Region

Monroe

MLS | Web ID

PAMR2006272

Features
General
Living Area 3420
Sewer On Site Septic
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning R-2
HOA Fee 1930.00
Architectural Style Contemporary Chalet
Construction Materials Vinyl Siding
School District POCONO MOUNTAIN
Year Built 2022
Levels 2
Tax Year 2025
Ownership Other
Cool Fuel Electric
Municipality TOBYHANNA TWP
Accessibility None
Assoc Fee Paid Per Annually
County MONROE
New Construction N
Property Type Residential
HOA Y
Subdivision Name ARROWHEAD LAKES
Garage Y/N N
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 3
Status COMING SOON
Directions From I-80 East: Take exit 299 toward PA-715 N Turn right onto PA-715 N Turn left onto Sullivan Trail Take the ramp to Hazelton Merge onto I-80 W Take exit 293 for I-380 N toward Scranton Take exit 3
City POCONO LAKE
Disclosures Prop Disclosure
Senior Community Y/N N
MLS Area Tobyhanna Twp (13519)
Tax Annual Amount 15626.0
Home Warranty Y/N N
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 438.57
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N Y
Standard Status Coming Soon
Year Built Source Estimated
Legal Subdivision ARROWHEAD LAKE SEC EIGHT
Tax Lot 92
Association Recreation Fee N
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Interior
Heating Fuel Propane - Leased
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3420
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Pool Yes - Community
Water Source Well
Inclusions All contents included
Type of Parking Driveway
Foundation Details Slab
Water View Y/N N
Lot Dimensions 70.00 x 180.00
Water Body Type Lake
Waterfront Y/N Y
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 283
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* Excluded Features
List By
Exp Realty, Llc

Broker

michael@strpocono.com

Email

Affordability Calculator

$10,537
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,235
Monthly Property Taxes
$1,302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3539312 Elementary School
5210833 Middle School
Pocono Mountain West High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$1,499,900 Listed Price

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283 Owassa Drive, Pocono Lake, PA, 18347 is a Single Family Home for sale at $1,499,900 with 3,420 sqft. 283 Owassa Drive has 5 bedrooms, 3.0 baths, and was built in 2022. The property's zip code is 18347 which is in Pocono Lake, PA