$1,250,000
Lake Ariel, PA 18436
MLS# PW-241552
Status: Closed
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Property Description
Presenting Lake Genero Resort, an exceptional 42+-acre property with a business, a private 7 acre lake strategically situated in the scenic northeast region of the Pocono Mountains, less than 3 miles to Lake Wallenpaupack and directly across from the premier gold star ''Hideout'' community. This versatile estate not only offers a picturesque campground and special events venue but also comes with the exciting opportunity to own and operate your own resort and event business. Immerse yourself in the tranquility of the private 7-acre spring fed lake for swimming, fishing, camping, glamping, kayaking, large open field and more. Outdoor enthusiasts will appreciate amenities such as a volleyball court, horseshoe pit, swing sets, and more, all set amidst the stunning Pocono landscape. The expansive 36' x 90' pavilion serves as the centerpiece for hosting large parties, weddings, reunions, team-building outings, graduation celebrations, showers, art classes, and various events. Beyond its scenic charm, this property boasts significant business potential, inviting entrepreneurs to explore opportunities in managing a resort, camping area, and special events venue. As an added bonus, the property includes original rustic cabins, presenting a unique restoration project for those looking to infuse historic charm into their business. With renovations, these cabins can become distinctive accommodations, adding character to your lakeside retreat.
Details
Contract Information
Listing Service: Full Service
Current Price: $1,250,000
Sold Price: $1,250,000
Status: Closed
Listing Contract Date: 2023-12-12
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Municipality: Salem Township
City Region: Lake Ariel
High School District: Western Wayne Area
County Tax Amount: 1703.92
Municipal Tax Amount: 173.55
School Tax Amount: 6165.65
Tax Annual Amount: 8043.12
Tax Year: 2023
Tax Assessed Value: 525900
Parcel Number: 22-0-0312-0035
Additional Parcels YN: No
Zoning: Land
Zoning Description: Other
Tax Book Number: 5954/63
General Property Information
Lot Size Acres: 42.51
Waterfront YN: Yes
Water Body Name: private lake
Land Lease YN: No
Senior Community YN: No
View YN: Yes
Horse YN: No
List Price/Acre: 35285.82
Sold Price/Acre: 29404.85
Remarks and Miscellaneous
Public Remarks: Presenting Lake Genero Resort, an exceptional 42+-acre property with a business, a private 7 acre lake strategically situated in the scenic northeast region of the Pocono Mountains, less than 3 miles to Lake Wallenpaupack and directly across from the premier gold star ''Hideout'' community. This versatile estate not only offers a picturesque campground and special events venue but also comes with the exciting opportunity to own and operate your own resort and event business. Immerse yourself in the tranquility of the private 7-acre spring fed lake for swimming, fishing, camping, glamping, kayaking, large open field and more. Outdoor enthusiasts will appreciate amenities such as a volleyball court, horseshoe pit, swing sets, and more, all set amidst the stunning Pocono landscape. The expansive 36' x 90' pavilion serves as the centerpiece for hosting large parties, weddings, reunions, team-building outings, graduation celebrations, showers, art classes, and various events. Beyond its scenic charm, this property boasts significant business potential, inviting entrepreneurs to explore opportunities in managing a resort, camping area, and special events venue. As an added bonus, the property includes original rustic cabins, presenting a unique restoration project for those looking to infuse historic charm into their business. With renovations, these cabins can become distinctive accommodations, adding character to your lakeside retreat.
Status Change Information
Buyer Financing: Other
Major Change Timestamp: 2025-03-03T21:57:21Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-19T15:09:42Z
Purchase Contract Date: 2024-11-28
Close Date: 2025-02-28
Close Price: 1250000
Community Features
Lake: 1
Current Use
Commercial: 1
Lake/Waterway Information
Non Powerboat: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Lake On Lot: 1
Level: 1
Other Structures
See Remarks: 1
Possession
Close Of Escrow: 1
Road Frontage Type
State Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Sewer
On Site Septic: 1
Structure Type
Cabin: 1
Mixed Use: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Forest: 1
Lake: 1
Water Source
Well: 1
Waterfront Features
Lake: 1
Pond: 1
Builder
Unknown: 1
Possible Use
Mixed Use: 1
Recreational: 1
Single Family: 1
Development Status
Raw Land: 1
Income Includes
RV Storage: 1
Vegetation
Cleared: 1
Grassed: 1
Partially Wooded: 1
Location Tax and Legal
Street Number: 1284
Street Name: Hamlin
Street Suffix: Highway
County: Wayne
State: PA
Postal Code: 18436
Subdivision Name: None
Property Features
Builder: Unknown
Other Structures: See Remarks
Water Source: Well
Community Features: Lake
Current Use: Commercial
Development Status: Raw Land
Income Includes: RV Storage
Listing Terms: Cash; Conventional
Lot Features: Lake On Lot; Level
Possession: Close Of Escrow
Possible Use: Mixed Use; Recreational; Single Family
Road Frontage Type: State Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Sewer: On Site Septic
Structure Type: Cabin; Mixed Use
Utilities: Electricity Connected; Sewer Connected; Water Connected
Vegetation: Cleared; Grassed; Partially Wooded
View: Forest; Lake
Waterfront Features: Lake; Pond
Listing Office: RE/MAX Best
Last Updated: March - 03 - 2025
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