1046 Rainbow Drive Lake Ariel, PA ^$ 379,900

1046 Rainbow Drive

^$ 379,900

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1046 Rainbow Drive

Lake Ariel, PA, 18436

^$ 379,900

Bedrooms5 Baths2.1 Sq 2,548

Monthly Estimate*

^$ 2,399

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Single Family Home for sale in Lake Ariel, PA

for $379,900 with 5 bedrooms and 2 full baths, 1 half bath. This 2,548 square foot home was built in 1998 on a lot size of 0.25.

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.

Single Family Active

Price

^$ 379,900

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 4,357

Style

Traditional

Lot Size

0.25

Year Built

1998

Town/City

Lake Ariel

County/Region

Wayne

MLS | Web ID

PM144182

Features

General

Sewer Private Sewer

Possession Close Of Escrow

HOA Fee 2464

Property Subtype Single Family Residence

Current Use Residential

County Wayne

Property Type Residential

Association Amenities Security Clubhouse Picnic Area Playground Park Golf Carts Allowed Recreation Facilities Outdoor Ice Skating Outdoor Pool Indoor Pool Fitness Center Tennis Court(s) Basketball Court Sport Court Other

HOA true

Subdivision Name Wallenpaupack Lake Estates

Status Active

City Lake Ariel

High School District Wallenpaupack Area

Zoning Description Residential

Lot Size Units Acres

Lot Size Square Feet 10890

Tax Annual Amount 4357.19

Standard Status Active

Heating Forced Air Electric

Construction Materials Vinyl Siding

Year Built 1998

Stories Count 2

Garage Y/N false

Carport Y/N false

Year Built Source Public Records

Cooling Ceiling Fan(s) Central Air

Roof Shingle

Appliances Electric Range Refrigerator Dishwasher Washer Dryer

Patio/Porch Features Deck

Architectural Style Traditional

Other Structures Shed(s)

Total Rooms 9

Full Baths 2

Association Fee Includes Security Maintenance Road

Tax Year 2026

Open Parking Spaces 4

Structure Type House

Tax Lot 240

Interior

Total Baths 3

Heating Y/N true

Above Grade Finished Area 1624

Interior Amenities Vaulted Ceiling(s) Open Floorplan

Flooring Carpet Hardwood Luxury Vinyl Tile

Fireplace Features Living Room

Air Conditioning Y/N true

Fireplace Y/N true

Half Baths 1

Total Bedrooms 5

Below Grade Finished Area 924

Furnished Y/N Unfurnished

Heating-Forced Air true

Total Fireplaces 1

Exterior

Water Source Private

Lot Size Area 0.25

Lot Size Acres 0.25

Road Surface Type Paved

Road Responsibility Private Maintained Road

Building Area Total 2548

Foundation Details Raised

Internal Only

Street Number 1 1046

* Excluded Features

List By

Cobblestone Real Estate, Llc

Broker

poconosean@gmail.com

Affordability Calculator

$2,762

Per Month

Monthly Principal & Interest: $2,399
Monthly Property Taxes: $363
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Single family listings in Lake Ariel, PA

Average List Price ^$386,407

Percent of Sale Price 2%

About Lake Ariel, PA

14,337 Population

21% Since 2002

^$53,411 Median Income

50.81 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
8/25/2026	$379,900		Listed Price

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1046 Rainbow Drive, Lake Ariel, PA, 18436 is a Single Family Home for sale at $379,900 with 2,548 sqft and a lot size of 0.25. 1046 Rainbow Drive has 5 bedrooms, 2.1 baths, and was built in 1998. The property's zip code is 18436 which is in Lake Ariel, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listings provided courtesy of The Pocono Mountains Association of Realtors® MLS. The materials contained within this page may not be reproduced without the express written consent of The Pocono Mountains Association of Realtors MLS. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.The data relating to real estate for sale on this website includes listings held by MLS-IDX Participants of the internet data exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this website. All listing data is the copyrighted property of the aforesaid Association and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

Data is updated as of 8/26/2026.

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1046 Rainbow Drive

Single Family Home for sale in Lake Ariel, PA

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