Pikeliving


$499,000
149 Rainbow Drive
Lackawaxen, PA 18435
MLS# PW-261930
3 beds  |  4 baths  |  3518 sqft


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Property Description
Original owners have decided it's time to sell this beautiful Masthope chalet, located in a short-term rental-friendly community. The home features a stunning open floor plan with three fully finished levels, 3 oversized bedrooms, and 3.5 bathrooms. Enjoy a real wood-burning fireplace, forced hot-air heat, and central air conditioning for year-round comfort. The property offers multiple living spaces throughout, a wraparound front, side, and rear deck, and a one-car garage. Set on a beautiful flat lot with a circular driveway, the house is tucked back off the road, providing added privacy and a peaceful setting. Home is being sold fully furnished, making it a true turnkey opportunity for full-time living, a weekend retreat, or investment use. The adjacent lot to the right is owned by Masthope, providing added privacy and a peaceful setting. Located in the sought-after Masthope Mountain Community, residents enjoy an exceptional array of amenities including a motor-boating lake with white sandy beach, ATV trails, and an ATV, UTV, and golf-cart-friendly environment. Community features also include a ski lodge with skiing, Summit Bar & Restaurant, tiki bar, two outdoor pools, mini golf, fitness center, horseback riding, pickleball and basketball courts, as well as Delaware River access with a park area.

Details
Contract Information
Listing Service: Full Service
Current Price: $499,000
List Price: $499,000
Status: Active
Listing Contract Date: 2026-06-15
Property Sub Type: Single Family Residence
Location, Tax, and Legal
Municipality: Lackawaxen Township - 05
High School District: Wallenpaupack School District
County Tax Amount: 1244.16
Municipal Tax Amount: 500.06
School Tax Amount: 3932.64
Tax Annual Amount: 5876.89
Tax Assessed Value: 44450
Parcel Number: 013.03-04-62 102097
Tax Book Number: 2244/1184
General Property Information
Rooms Total: 6
Bathrooms Half: 1
Above Grade Finished Area: 3518
Below Grade Finished Area: 0
Lot Size Acres: 0.51
Association YN: Yes
Association Fee: 2541.2
Enhanced Accessible: No
Association Fee Frequency: Annually
Year Built Source: Public Records
Association Transfer Fee: 2488
New Construction YN: No
Garage YN: Yes
Garage Spaces: 1
Waterfront YN: No
Water Body Name: Westcolang Lake
Stories: 3
Fireplace YN: Yes
List Price/SqFt: 141.84
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Living Area: 3518
Year Built: 2007
Remarks and Miscellaneous
Public Remarks: Original owners have decided it's time to sell this beautiful Masthope chalet, located in a short-term rental-friendly community. The home features a stunning open floor plan with three fully finished levels, 3 oversized bedrooms, and 3.5 bathrooms. Enjoy a real wood-burning fireplace, forced hot-air heat, and central air conditioning for year-round comfort. The property offers multiple living spaces throughout, a wraparound front, side, and rear deck, and a one-car garage. Set on a beautiful flat lot with a circular driveway, the house is tucked back off the road, providing added privacy and a peaceful setting. Home is being sold fully furnished, making it a true turnkey opportunity for full-time living, a weekend retreat, or investment use. The adjacent lot to the right is owned by Masthope, providing added privacy and a peaceful setting. Located in the sought-after Masthope Mountain Community, residents enjoy an exceptional array of amenities including a motor-boating lake with white sandy beach, ATV trails, and an ATV, UTV, and golf-cart-friendly environment. Community features also include a ski lodge with skiing, Summit Bar & Restaurant, tiki bar, two outdoor pools, mini golf, fitness center, horseback riding, pickleball and basketball courts, as well as Delaware River access with a park area.
Association Amenities
Barbecue: 1
Basketball Court: 1
Beach Access: 1
Beach Rights: 1
Clubhouse: 1
Dog Park: 1
Fitness Center: 1
Park: 1
Playground: 1
Powered Boats Allowed: 1
Security: 1
Ski Accessible: 1
Snow Removal: 1
Stable(s): 1
Tennis Court(s): 1
Trail(s): 1
Trash: 1
Association Fee Includes
Security: 1
Snow Removal: 1
Trash: 1
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer/Dryer: 1
Architectural Style
Chalet: 1
Community Features
Clubhouse: 1
Fishing: 1
Fitness Center: 1
Lake: 1
Park: 1
Playground: 1
Pool: 1
Restaurant: 1
Stable(s): 1
Tennis Court(s): 1
Construction Materials
Frame: 1
Vinyl Siding: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Current Financing
Conventional: 1
Current Use
Development: 1
Residential: 1
Electric
200+ Amp Service: 1
Fireplace Features
Fireplaces Total: 1
Flooring
Laminate: 1
Heating
Electric: 1
Fireplace(s): 1
Forced Air: 1
Propane: 1
Interior Features
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Double Closets: 1
Kitchen Island: 1
Open Floorplan: 1
Lake/Waterway Information
Lake Rights: 1
Lake Use Restriction: 1
Personal Watercraft: 1
Powerboat(s): 1
Laundry Features
In Bathroom: 1
Main Level: 1
Levels
Three Or More: 1
Listing Terms
Contract: 1
Lot Features
Level: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Other Equipment
Dehumidifier: 1
Parking Features
Circular Driveway: 1
Driveway: 1
Garage: 1
Gravel: 1
Off Street: 1
Patio And Porch Features
Deck: 1
Road Frontage Type
Private Road: 1
Road Responsibility
Private Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Asphalt: 1
Shingle: 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Propane: 1
Water Source
Public: 1
Disclosures
Approved Subdivision: 1
Room Types
Bathroom 1: 1
Bathroom 1 Level: Lower
Bathroom 4: 1
Bathroom 4 Level: Upper
Bedroom 2: 1
Bedroom 2 Level: Upper
Bedroom 3: 1
Bedroom 3 Level: Main
Den: 1
Den Level: Lower
Family Room: 1
Family Room Level: Main
Game Room: 1
Game Room Level: Lower
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Primary Bathroom: 1
Primary Bathroom Level: Main
Primary Bedroom: 1
Primary Bedroom Level: Main
Location Tax and Legal
Street Number: 149
Street Name: Rainbow
Street Suffix: Drive
County: Pike
State: PA
Postal Code: 18435
Subdivision Name: Masthope
Status Change Information
Major Change Timestamp: 2026-06-16T17:21:06Z
Major Change Type: New Listing
Property Features
Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Stainless Steel Appliance(s); Washer/Dryer
Architectural Style: Chalet
Association Amenities: Barbecue; Basketball Court; Beach Access; Beach Rights; Clubhouse; Dog Park; Fitness Center; Park; Playground; Powered Boats Allowed; Security; Ski Accessible; Snow Removal; Stable(s); Tennis Court(s); Trail(s); Trash
Association Fee Includes: Security; Snow Removal; Trash
Community Features: Clubhouse; Fishing; Fitness Center; Lake; Park; Playground; Pool; Restaurant; Stable(s); Tennis Court(s)
Construction Materials: Frame; Vinyl Siding
Cooling: Ceiling Fan(s); Central Air
Current Financing: Conventional
Current Use: Development; Residential
Electric: 200+ Amp Service
Flooring: Laminate
Heating: Electric; Fireplace(s); Forced Air; Propane
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Double Closets; Kitchen Island; Open Floorplan
Laundry Features: In Bathroom; Main Level
Levels: Three Or More
Listing Terms: Contract
Lot Features: Level
Other Equipment: Dehumidifier
Parking Features: Circular Driveway; Driveway; Garage; Gravel; Off Street
Patio And Porch Features: Deck
Road Frontage Type: Private Road
Road Responsibility: Private Maintained Road
Road Surface Type: Paved
Roof: Asphalt; Shingle
Sewer: Public Sewer
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected; Propane
Water Source: Public
Disclosures: Approved Subdivision
Room Types: Bathroom 1; Bathroom 4; Bedroom 2; Bedroom 3; Den; Family Room; Game Room; Kitchen; Living Room; Primary Bathroom; Primary Bedroom
Room Information
Room Name Level Length Width Remarks
DenLower14.5030.90
Game RoomLower16.0021.40Billiard Room
Bathroom 1Lower13.504.11
Living RoomMain18.1122.60
KitchenMain10.408.10
Family RoomMain13.8020.00
Primary BedroomMain14.1016.30
Primary BathroomMain5.8013.10
Bedroom 3Main9.004.90Laundry/ Powder Room
Bedroom 2Upper11.1016.30
Bedroom 3Upper16.0015.40
Bathroom 4Upper5.4010.11

Listing Office: Wallenpaupack Realty

Last Updated: June - 16 - 2026

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