$305,000

1040 Rainbow Dr Lake Ariel, PA 18436

$3,622
Closing credit¹
3 beds
2 full
2,157 sqft
0.3 acres
$141 / sqft
House

Property details

About 1040 Rainbow Dr

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!

Highlights

Home typeSingle Family Residence
HeatingElectric, Propane
StatusActive
CoolingCeiling Fan(s), Ductless
Size2,157 sqft
BasementYes
Lot size0.29 Acres
Year built1992
ParkingCircular Driveway
MLS #PW251352
FireplacePropane

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Microwave
  • Basement: Yes
  • Interior: Beamed Ceilings, Vaulted Ceiling(s), Kitchen Island, Ceiling Fan(s)
  • Fireplace: Propane
  • Total Bedroom Count: 3
  • Parking: Circular Driveway
  • Exterior: Deck
  • Architectural Style: Chalet
  • Heating: Electric, Propane
  • Cooling: Ceiling Fan(s), Ductless
  • List Price: $305,000
  • Price/SqFt: $141
  • HOA Amount: $197
  • HOA Frequency: Quarterly
  • Directions: Goose Pond Rd. Turn right onto Eskra Rd. Turn right onto Wallenpaupack Dr. Turn left onto Deer Valley Rd. Turn right onto Rainbow Dr. Home is on the left side.
  • Year Built: 1992
  • Stories: 2
  • Living Area: 2,157 SqFt
  • Lot Size: 0.29 Acres
  • MLS Number: PW251352
  • MLS Name: PikeWayne
  • Office Name: Berkshire Hathaway Home Services Fox & Roach REALTORS
  • Office Phone: (215) 542-2200
  • Office Email: anne.tulloch@foxroach.com
  • Listing Agent: Natasha Harmuth

© 2025 Pike Wayne Association of REALTORS MLS. Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2025, 12:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with stairway, a wooden deck, stucco siding, and a forest view

$305,000

1040 Rainbow Dr

$3,622

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 06, 2021
Home Sold
$195,000
Jun 27, 2007
Home Sold
$155,900
Jul 01, 2005
Home Sold
$155,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Wallenpaupack South Elementary School

Public District KG-5

6.4 mi

989 Main St

6

Evergreen Elementary School

Public District PK-5

6.6 mi

739 Easton Tpke

6

Wallenpaupack North Intermediate School

Public District 3-5

6.8 mi

187 Atlantic Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,521. Typical income of Lake Ariel, PA residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

34%
<35k
45%
35k-100k
17%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
9%
Single, with Kids
48%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
8%
12-17 yrs old
11%
18-34 yrs old
48%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Bass Pro ShopsBass Pro Shops
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • GMCGMC
  • SubaruSubaru

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1040 Rainbow Dr

The listing price of 1040 Rainbow Dr property is $305,000.

The property 1040 Rainbow Dr is a house located in Lake Ariel, Pennsylvania, 18436.

Active Listing: 1040 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1040 Rainbow Dr are: Wallenpaupack South Elementary School (GreatSchools Rating 4/10), Evergreen Elementary School (GreatSchools Rating 6/10), Wallenpaupack North Intermediate School (GreatSchools Rating 6/10), Wallenpaupack Area Middle School (GreatSchools Rating 5/10), Western Wayne Middle School (GreatSchools Rating 6/10), Wayne Highlands Middle School (GreatSchools Rating 8/10), Wallenpaupack Area High School (GreatSchools Rating 6/10), Western Wayne High School (GreatSchools Rating 6/10), Honesdale High School (GreatSchools Rating 8/10).

The last sale was on April 6, 2021 for $195,000 (source: MLS/tax record).

The property at 1040 Rainbow Dr has 3 bedrooms and 2 bathrooms.

The property 1040 Rainbow Dr is 2,157 SqFt (source: MLS/tax record).

The year of construction for 1040 Rainbow Dr is 1992.

This home is located at 1040 Rainbow Dr in Lake Ariel, PA and zip code 18436. This 2,157 square foot home, which was built in 1992, sits on a 0.29 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 10, 2025 and is currently priced at $305,000.

From Rocket Homes Real Estate and based on county public records data.

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