100 Launch Road, Greentown, PA 18426

$1,100,000
Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 3,841 Status: Closed
Current Price: $1,100,000 List Date: 8/07/2024 Last Modified: 11/15/2024

Overview

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 ...

Listing Details MLS# PW-242422

General Property Information

Number Of Buildings
4
Number Of Units Total
4
Bedrooms Total
8
Bathrooms Total
4
Bathrooms Full
4
Above Grade Finished Area
3841
Living Area
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
View YN
No
Waterfront YN
No
Water Body Name
Lake Wallenpaupack
Basement YN
No
Furnished
Furnished
Stories
Yes
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
Bathrooms Half
0
Below Grade Finished Area
0
Garage Spaces
0

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

Contract Information

Listing Contract Date
2024-08-07
Property Sub Type
Multi Family
Property Attached YN
No
Listing Service
Full Service

Location Tax and Legal

Street Number
100
Street Name
Launch
Street Suffix
Road
County
Pike
State
PA
Postal Code
18426
Subdivision Name
Hemlock Point

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

More Information

Unit 1

Unit #
Yes
SqFt Total
691
Dining Room YN
No
Kitchen YN
Yes
Actual Rent
0

Unit 2

Unit #
2
SqFt Total
650
Dining Room YN
No
Kitchen YN
Yes
Actual Rent
0

Unit 3

Unit #
3
SqFt Total
650
Dining Room YN
No
Kitchen YN
Yes
Actual Rent
0

Unit 4

Unit #
4
SqFt Total
650
Dining Room YN
No
Kitchen YN
Yes
Actual Rent
0

Fireplace Features

Fireplaces Total
4

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

Appliances

Electric Range
Yes
Refrigerator
Yes

Architectural Style

Cabin
Yes

Community Features

Lake
Yes

Construction Materials

Wood Siding
Yes

Cooling

Wall Unit(s)
Yes

Current Use

Investment
Yes

Exterior Features

Fire Pit
Yes

Flooring

Laminate
Yes

Heating

Electric
Yes
Propane
Yes

Interior Features

Primary Downstairs
Yes

Lake/Waterway Information

Lake Rights
Yes
Powerboat(s)
Yes
Private Boat Dock
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Views
Yes

Parking Features

Off Street
Yes

Patio And Porch Features

Deck
Yes
Porch
Yes
Screened
Yes

Roof

Metal
Yes

Sewer

Septic Tank
Yes

Structure Type

Cabin
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes

View

Panoramic
Yes
Rural
Yes
Water
Yes

Water Source

Comm Central
Yes

Owner Pays

All Utilities
Yes
Association Fees
Yes

Operating Expense Includes

Cable TV
Yes
Trash
Yes

Documents

Listing Office: RE/MAX WAYNE
Last Updated: November - 15 - 2024
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
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