$1,100,000
Greentown, PA 18426
MLS# PW-242422
Status: Closed
8 beds | 4 baths | 3841 sqft
1 / 140
Property Description
UNPARALLELED LAKE WALLENPAUPACK INVESTMENT OPPORTUNITY WITH FOUR IMMACULATE CABINS AND DIRECT LAKEFRONT ACCESS! This exceptional property has four pristine cabins with direct lakefront access and a private dock to the highly sought after powerboating Lake Wallenpaupack. Situated on two acres, this property offers panoramic lake views and a serene setting for both you and your guests. Each cabin has been tastefully renovated to blend modern comfort with rustic charm, ensuring a balance of luxury and coziness. These turnkey cabins are fully equipped and currently generating significant rental income, making them an ideal investment for those looking to capitalize on the area's thriving tourism. Each cabin boasts a kitchen, comfortable bedrooms, captivating lofts, full baths, inviting screened porches, expansive decks, cozy fire pits, games of cornhole & horseshoes creating perfect spaces for relaxation & enjoyment. Plenty of parking for large groups. Situated on Lake Wallenpaupack, one of PA's most popular recreational lakes, this property offers perfect access to many water activities. Whether it's powerboating, fishing, swimming, or kayaking, the lake provides endless opportunities for adventure and relaxation. The property's private dock allows for easy access to the lake, making it convenient for guests to enjoy all the water activities this location has to offer. Hemlock Point offers excellent amenities and ensures the community remains well maintained. In addition to the natural beauty and recreational opportunities, the area surrounding Lake Wallenpaupack offers a variety of attractions and activities providing plenty of options for entertainment and exploration. Seasonal activities such as hiking, skiing, and snowmobiling ensure that there is always something to do, no matter the time of year. The combination of beautifully renovated cabins, direct lakefront access, and a significant short rental income makes this property an exceptional one of a kind find!
Details
Documents
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
Listing Contract Date: 2024-08-07
Property Sub Type: Multi Family
Property Attached YN: No
Listing Service: Full Service
General Property Information
View YN: No
Number Of Buildings: 4
Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Above Grade Finished Area: 3841
Building Area Total: 3841
Association Fee: 550
Enhanced Accessible: No
Year Built: 1966
Year Built Source: Estimated
New Construction YN: No
Garage YN: No
Open Parking Spaces: 12
Parking Total: 12
Lot Size Acres: 2.15
Land Lease YN: No
Association YN: Yes
Association Fee Frequency: Annually
Waterfront YN: No
Water Body Name: Lake Wallenpaupack
Basement YN: No
Furnished: Furnished
Stories: 1
Units Furnished: All Units
Fireplace YN: Yes
Spa YN: No
Senior Community YN: No
Rent Control YN: No
List Price/SqFt: 312.42
Sold Price/SqFt: 286.38
Remarks and Miscellaneous
Public Remarks: UNPARALLELED LAKE WALLENPAUPACK INVESTMENT OPPORTUNITY WITH FOUR IMMACULATE CABINS AND DIRECT LAKEFRONT ACCESS! This exceptional property has four pristine cabins with direct lakefront access and a private dock to the highly sought after powerboating Lake Wallenpaupack. Situated on two acres, this property offers panoramic lake views and a serene setting for both you and your guests. Each cabin has been tastefully renovated to blend modern comfort with rustic charm, ensuring a balance of luxury and coziness. These turnkey cabins are fully equipped and currently generating significant rental income, making them an ideal investment for those looking to capitalize on the area's thriving tourism. Each cabin boasts a kitchen, comfortable bedrooms, captivating lofts, full baths, inviting screened porches, expansive decks, cozy fire pits, games of cornhole & horseshoes creating perfect spaces for relaxation & enjoyment. Plenty of parking for large groups. Situated on Lake Wallenpaupack, one of PA's most popular recreational lakes, this property offers perfect access to many water activities. Whether it's powerboating, fishing, swimming, or kayaking, the lake provides endless opportunities for adventure and relaxation. The property's private dock allows for easy access to the lake, making it convenient for guests to enjoy all the water activities this location has to offer. Hemlock Point offers excellent amenities and ensures the community remains well maintained. In addition to the natural beauty and recreational opportunities, the area surrounding Lake Wallenpaupack offers a variety of attractions and activities providing plenty of options for entertainment and exploration. Seasonal activities such as hiking, skiing, and snowmobiling ensure that there is always something to do, no matter the time of year. The combination of beautifully renovated cabins, direct lakefront access, and a significant short rental income makes this property an exceptional one of a kind find!
Status Change Information
Major Change Timestamp: 2024-11-15T20:01:39Z
Major Change Type: Status Change
Purchase Contract Date: 2024-08-17
Close Date: 2024-11-15
Close Price: 1100000
Concessions: No
Buyer Financing: Cash
Fireplace Features
Fireplaces Total: 4
Unit 1
Unit #: 1
SqFt Total: 691
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 2
Unit #: 2
SqFt Total: 650
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 3
Unit #: 3
SqFt Total: 650
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 4
Unit #: 4
SqFt Total: 650
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Location Tax and Legal
Street Number: 100
Street Name: Launch
Street Suffix: Road
County: Pike
State: PA
Postal Code: 18426
Subdivision Name: Hemlock Point
Property Features
Appliances: Electric Range; Refrigerator
Architectural Style: Cabin
Community Features: Lake
Construction Materials: Wood Siding
Cooling: Wall Unit(s)
Current Use: Investment
Exterior Features: Fire Pit
Flooring: Laminate
Heating: Electric; Propane
Interior Features: Primary Downstairs
Listing Terms: Cash; Conventional
Lot Features: Views
Operating Expense Includes: Cable TV; Trash
Owner Pays: All Utilities; Association Fees
Parking Features: Off Street
Patio And Porch Features: Deck; Porch; Screened
Roof: Metal
Sewer: Septic Tank
Structure Type: Cabin
Utilities: Cable Available; Electricity Connected
View: Panoramic; Rural; Water
Water Source: Comm Central
Lead-Based Paint Hazards Disclosure 
Listing Office: RE/MAX WAYNE
Last Updated: November - 15 - 2024
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