$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
Property Attached YN: No
Listing Service: Full Service
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
Listing Contract Date: 2024-08-07
Property Sub Type: Multi Family
Location, Tax, and Legal
Municipality: Palmyra Township Pike
City Region: Greentown
High School District: Wallenpaupack School District
County Tax Amount: 732.96
Municipal Tax Amount: 187.71
School Tax Amount: 2488.36
Tax Annual Amount: 3409.03
Tax Year: 2024
Tax Assessed Value: 29330
Parcel Number: 086.01-04-60.001
Additional Parcels YN: No
Zoning: Residential
Zoning Description: Residential
Tax Book Number: 2348/2547
General Property Information
Number Of Buildings: 4
Number Of Units Total: 4
Bathrooms Half: 0
Above Grade Finished Area: 3841
Below Grade Finished Area: 0
Lot Size Acres: 2.15
Association YN: Yes
Association Fee: 550
Enhanced Accessible: No
Association Fee Frequency: Annually
Year Built Source: Estimated
New Construction YN: No
Garage YN: No
Garage Spaces: 0
Waterfront YN: No
Water Body Name: Lake Wallenpaupack
Open Parking Spaces: 12
Parking Total: 12
Land Lease YN: No
Senior Community YN: No
View YN: No
Basement YN: No
Furnished: Furnished
Stories: 1
Fireplace YN: Yes
Units Furnished: All Units
Spa YN: No
Rent Control YN: No
List Price/SqFt: 312.42
Sold Price/SqFt: 286.38
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 3841
Year Built: 1966
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
Concessions: No
Buyer Financing: Cash
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
Appliances
Electric Range: 1
Refrigerator: 1
Architectural Style
Cabin: 1
Community Features
Lake: 1
Construction Materials
Wood Siding: 1
Cooling
Wall Unit(s): 1
Current Use
Investment: 1
Exterior Features
Fire Pit: 1
Fireplace Features
Fireplaces Total: 4
Flooring
Laminate: 1
Heating
Electric: 1
Propane: 1
Interior Features
Primary Downstairs: 1
Lake/Waterway Information
Lake Rights: 1
Powerboat(s): 1
Private Boat Dock: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Views: 1
Parking Features
Off Street: 1
Patio And Porch Features
Deck: 1
Porch: 1
Screened: 1
Roof
Metal: 1
Sewer
Septic Tank: 1
Structure Type
Cabin: 1
Utilities
Cable Available: 1
Electricity Connected: 1
View
Panoramic: 1
Rural: 1
Water: 1
Water Source
Comm Central: 1
Unit 1
Unit #: 1
Actual Rent: 0
SqFt Total: 691
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 2
Unit #: 2
Actual Rent: 0
SqFt Total: 650
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 3
Unit #: 3
Actual Rent: 0
SqFt Total: 650
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Unit 4
Unit #: 4
Actual Rent: 0
SqFt Total: 650
Baths Total: 1
Beds Total: 2
Dining Room YN: No
Kitchen YN: Yes
Owner Pays
All Utilities: 1
Association Fees: 1
Operating Expense Includes
Cable TV: 1
Trash: 1
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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