1050 Rainbow Drive, Lake Ariel, PA 18436

$289,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,096 Status: Active
Current Price: $289,000 List Date: 5/18/2025 Last Modified: 4/09/2026

Overview

Description

Welcome to this beautifully updated home. The recently remodeled kitchen boasts new floors, cabinets, and gleaming granite countertops, along with a breakfast bar and spacious eat-in area, perfect for casual dining and entertaining. On the ground floor, you'll find a family room featuring premium vinyl plank flooring, providing a cozy and versatile space for relaxation. Upstairs, the main floor living room impresses with its vaulted ceiling and propane gas fireplace, creating a warm and inviting atmosphere. One of the highlights of this home is the 4-seasons room, featuring breathtaking 180-degree views of the surrounding woods. Whether it's morning coffee or a festive gathering, the large dining table that seats 10 makes this space truly special. Each of the three bedrooms provides direct access to a full bathroom—ideal for privacy and comfort. All new windows and 2 sliding glass doors have recently been installed. Outside, the picturesque yard includes two charming water feature ponds, a backyard fire pit, and a storage shed, enhancing the beauty and functionality of the outdoor space. Additional features include split-unit AC for customized cooling and the bonus of select furniture included in the sale. 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! The community dues cover the water, sewer and trash bills too! You're not just buying a house; you're treating yourself to a resort-like lifestyle!

Listing Details MLS# PW-251440

General Property Information

Bedrooms Total
3
Rooms Total
8
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
1096
Living Area
1096
Enhanced Accessible
No
Year Built
1988
Year Built Source
Public Records
New Construction YN
No
Garage YN
No
Open Parking Spaces
4
Lot Size Acres
0.24
Association YN
Yes
Association Fee
590
Association Fee Frequency
Quarterly
Waterfront YN
No
Water Body Name
Lake Wallenpaupack
Stories
2
Fireplace YN
Yes
List Price/SqFt
263.69
Bathrooms Half
0
Below Grade Finished Area
0

Property Features

Appliances: Dishwasher; Dryer; Washer Association Amenities: Basketball Court; Beach Access; Billiard Room; Dog Park; Fitness Center; Game Room; Indoor Pool; Picnic Area; Playground; Pool; Sauna; Shuffleboard Court; Teen Center; Tennis Court(s); Trail(s); Trash; Water Association Fee Includes: Sewer; Trash; Water Basement: Finished; Full; Heated Construction Materials: T1-11 Cooling: Ductless Exterior Features: Fire Pit; Outdoor Grill Fireplace Features: Living Room; Propane Heating: Baseboard; Ductless; Electric; Propane Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Granite Counters; Radon Mitigation; Vaulted Ceiling(s) Lot Features: Many Trees Other Structures: Shed(s) Parking Features: Driveway Patio And Porch Features: Deck Pool Features: Community; Heated; Indoor; Outdoor Pool Water Source: Comm Central Window Features: Double Pane Windows; Skylight(s) Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Bedroom 2; Bedroom 3; Eating Area; Family Room; Four Season Room; Kitchen; Living Room

Contract Information

Listing Contract Date
2025-05-17
Property Sub Type
Single Family Residence
Listing Service
Full Service

Location Tax and Legal

Street Number
1050
Street Name
Rainbow
Street Suffix
Drive
County
Wayne
State
PA
Postal Code
18436
Subdivision Name
Wallenpaupack Lake Estates

Remarks and Miscellaneous

Public Remarks
Welcome to this beautifully updated home. The recently remodeled kitchen boasts new floors, cabinets, and gleaming granite countertops, along with a breakfast bar and spacious eat-in area, perfect for casual dining and entertaining. On the ground floor, you'll find a family room featuring premium vinyl plank flooring, providing a cozy and versatile space for relaxation. Upstairs, the main floor living room impresses with its vaulted ceiling and propane gas fireplace, creating a warm and inviting atmosphere. One of the highlights of this home is the 4-seasons room, featuring breathtaking 180-degree views of the surrounding woods. Whether it's morning coffee or a festive gathering, the large dining table that seats 10 makes this space truly special. Each of the three bedrooms provides direct access to a full bathroom—ideal for privacy and comfort. All new windows and 2 sliding glass doors have recently been installed. Outside, the picturesque yard includes two charming water feature ponds, a backyard fire pit, and a storage shed, enhancing the beauty and functionality of the outdoor space. Additional features include split-unit AC for customized cooling and the bonus of select furniture included in the sale. 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! The community dues cover the water, sewer and trash bills too! You're not just buying a house; you're treating yourself to a resort-like lifestyle!
Inclusions
Dishwasher, Refrigerator, Oven/Range, Washer & Dryer, Kitchen Table and benches, Microwave Cabinet, Side Cabinet next to Refrigerator, Large Wall Mirror in Livingroom, Recliner Chair, Large Dining Room Table and 8 Chairs, Dining Room Hutch, Twin Bed and Night Stand. and White Dresser on Ground Floor.
Exclusions
Microwave

Status Change Information

Major Change Timestamp
2026-04-09T16:17:36Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-09T16:17:36Z

More Information

Fireplace Features

Fireplaces Total
Yes
Living Room
Yes
Propane
Yes

Room Types

Bathroom 1 Level
Main
Bathroom 2 Level
Upper
Bedroom 1 Level
Main
Bedroom 2 Level
Upper
Bedroom 3 Level
Upper
Eating Area Level
Main
Family Room Level
Lower
Four Season Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Bathroom 1
Yes
Bathroom 2
Yes
Bedroom 1
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Family Room
Yes
Kitchen
Yes
Living Room
Yes
Eating Area
Yes
Four Season Room
Yes

Location, Tax, and Legal

Municipality
Paupack Township
High School District
Wallenpaupack School District
County Tax Amount
560.41
Municipal Tax Amount
111.34
School Tax Amount
1671.75
Tax Annual Amount
2343.5
Tax Assessed Value
160900
Parcel Number
19-0-0030-0285
Zoning
Residential
Tax Book Number
R-2324/178

Association Amenities

Basketball Court
Yes
Beach Access
Yes
Billiard Room
Yes
Dog Park
Yes
Fitness Center
Yes
Game Room
Yes
Indoor Pool
Yes
Picnic Area
Yes
Playground
Yes
Pool
Yes
Sauna
Yes
Shuffleboard Court
Yes
Teen Center
Yes
Tennis Court(s)
Yes
Trail(s)
Yes
Trash
Yes
Water
Yes

Association Fee Includes

Sewer
Yes
Trash
Yes
Water
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Washer
Yes

Basement

Finished
Yes
Full
Yes
Heated
Yes

Construction Materials

T1-11
Yes

Cooling

Ductless
Yes

Exterior Features

Fire Pit
Yes
Outdoor Grill
Yes

Heating

Baseboard
Yes
Ductless
Yes
Electric
Yes
Propane
Yes

Interior Features

Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Granite Counters
Yes
Radon Mitigation
Yes
Vaulted Ceiling(s)
Yes

Lot Features

Many Trees
Yes

Other Structures

Shed(s)
Yes

Parking Features

Driveway
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Community
Yes
Heated
Yes
Indoor
Yes
Outdoor Pool
Yes

Water Source

Comm Central
Yes

Window Features

Double Pane Windows
Yes
Skylight(s)
Yes

Room Information

Kitchen Level: Main Length: 11.00 Length: 11.00 Width: 10.50 Width: 10.50 Remarks: Granite Countertops Eating Area Level: Main Length: 10.50 Length: 10.50 Width: 11.00 Width: 11.00 Remarks: Includes Table and Benches Four Season Room Level: Main Length: 14.50 Length: 14.50 Width: 14.00 Width: 14.00 Remarks: Comes with Dining Table & 8 Chairs Living Room Level: Main Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Remarks: Propane Fireplace, Vaulted Ceiling Bedroom 1 Level: Main Length: 9.50 Length: 9.50 Width: 8.00 Width: 8.00 Remarks: Includes Twin Bed & Nightstand Bathroom 1 Level: Main Length: 8.00 Length: 8.00 Width: 5.00 Width: 5.00 Remarks: Jack & Jill Bedroom 2 Level: Upper Length: 10.50 Length: 10.50 Width: 8.00 Width: 8.00 Bedroom 3 Level: Upper Length: 12.00 Length: 12.00 Width: 9.50 Width: 9.50 Bathroom 2 Level: Upper Length: 8.00 Length: 8.00 Width: 5.00 Width: 5.00 Remarks: Jack & Jill Family Room Level: Lower Length: 21.00 Length: 21.00 Width: 20.00 Width: 20.00 Remarks: Also has storage room & laundry room
Listing Office: Berkshire Hathaway Home Services Fox & Roach REALTORS
Last Updated: April - 09 - 2026
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