124 Rainbow Road, Lakewood, PA 18439

New Listing
$679,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,006 Status: Active
Current Price: $679,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Overview

Description

One in a million property. Spacious, privacy, and tranquility, located in the sleepy community ofLakewood , far from any noisy highway, truck / camp noise or traffic. Stone walls, flower beds, a hand dug well, easy access to snowmobile and ATV trails, large year round pond full of fish, apple trees, raspberry/ blueberry bushes, fish, deer, turkeys, migratory birds, and total privacy rounds out this exclusive, one-of-a-kind property. The 520 sq ft Master suite has it's own private entrance. It includes a spacious living area, room for a king bed, closet, and full bathroom. It is located north of the vaulted beamed kitchen with radiant floor heat a central island, and locally sourced marble countertops. Both areas are walled with pine tongue & groove with a very inviting modern cabin feel. South of the kitchen is a large sunroom room for living and dining while enjoying the outstanding views of the lower property, large pond, and rolling hills. Above the sun room t ...

Listing Details MLS# PW-261200

General Property Information

Bedrooms Total
3
Rooms Total
6
Bathrooms Total
2
Bathrooms Full
2
Above Grade Finished Area
2006
Below Grade Finished Area
639
Building Area Total
2006
Year Built
1974
Year Built Source
Public Records
New Construction YN
No
Garage YN
Yes
Garage Spaces
3
Lot Size Acres
12
Association YN
No
Waterfront YN
No
Water Body Name
None
Stories
2
List Price/SqFt
338.48
Bathrooms Half
0
Enhanced Accessible
No

Property Features

Appliances: Built-In Gas Range; Dishwasher; Gas Oven; Microwave; Refrigerator; Washer; Water Heater Architectural Style: Colonial Basement: Concrete; Daylight; Exterior Entry; Storage Space; Unfinished; Walk-Out Access Construction Materials: Aluminum Siding; Stone Cooling: Ceiling Fan(s) Current Use: Residential Electric: 150 Amp Service; Circuit Breakers Exterior Features: Private Yard Flooring: Carpet; Laminate Heating: Baseboard; Hot Water; Propane; Radiant Floor; Wood Interior Features: Beamed Ceilings; Eat-in Kitchen; Kitchen Island; Vaulted Ceiling(s) Laundry Features: Electric Dryer Hookup; In Basement Levels: Two Listing Terms: Cash; VA Loan Lot Features: Back Yard; Cleared; Few Trees; Gentle Sloping; Near Golf Course; Pond On Lot; Secluded; Sloped Down; Views Other Structures: Garage(s); Outbuilding; Shed(s); Storage Parking Features: Garage; Garage Door Opener; Gravel; Heated Garage; Off Street Patio And Porch Features: Deck Possession: Negotiable Property Condition: Updated/Remodeled Road Frontage Type: County Road Road Responsibility: Public Maintained Road Road Surface Type: Dirt; Gravel Roof: Asphalt; Shingle Security Features: Closed Circuit Camera(s) Sewer: On Site Septic Utilities: Electricity Connected; Sewer Connected; Water Connected; Propane View: Pond; Rural Water Source: Well Window Features: Double Pane Windows Disclosures: Clean And Green Act 319 Room Types: Bathroom 2; Bedroom 2; Bedroom 3; Family Room; Kitchen; Living Room; Primary Bathroom; Primary Bedroom

Contract Information

Listing Contract Date
2026-05-01
Property Sub Type
Single Family Residence
Listing Service
Full Service

Location Tax and Legal

Street Number
124
Street Name
Rainbow
Street Suffix
Road
County
Wayne
City (Post Office)
Lakewood
State
PA
Postal Code
18439
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
One in a million property. Spacious, privacy, and tranquility, located in the sleepy community ofLakewood , far from any noisy highway, truck / camp noise or traffic. Stone walls, flower beds, a hand dug well, easy access to snowmobile and ATV trails, large year round pond full of fish, apple trees, raspberry/ blueberry bushes, fish, deer, turkeys, migratory birds, and total privacy rounds out this exclusive, one-of-a-kind property. The 520 sq ft Master suite has it's own private entrance. It includes a spacious living area, room for a king bed, closet, and full bathroom. It is located north of the vaulted beamed kitchen with radiant floor heat a central island, and locally sourced marble countertops. Both areas are walled with pine tongue & groove with a very inviting modern cabin feel. South of the kitchen is a large sunroom room for living and dining while enjoying the outstanding views of the lower property, large pond, and rolling hills. Above the sun room there are two very quiet and comfortable bedrooms, a walk in closet, and a full bathroom. All 3 areas have spectacular views. Outdoor living is easy with approximately 2000 square feet of decking and a covered porch at the Master Suite's entrance. This large space and outdoor deck offers supreme privacy in a tranquil setting. A 1500 square foot finished garage is has 12' high ceilings, radiant floor heat and plenty of area for an office, gym, your vehicles, and the toys. Off to the side and connected to the garage is the wood storage area with an outdoor wood furnace that heats both home and garage. A secondary / backup oil burner furnace is located in 460 sq ft partially finished basement. With a Vermont Castings Stove propane heater providing ambiance and optional heat in the Master suite to round out the 3 heating options. Another separate structure just below the house is a large workshop with space for a car, side by side, Mowers, ATV, snowmobiles, etc.

Status Change Information

Major Change Timestamp
2026-05-01T13:23:12Z
Major Change Type
New Listing

More Information

Frontage Type

Frontage Length
RAIL AND TRAILS 518 FT

Room Types

Bathroom 2 Level
Upper
Bedroom 2 Level
Upper
Bedroom 3 Level
Upper
Family Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Primary Bathroom Level
Main
Primary Bedroom Level
Main
Bathroom 2
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Family Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bathroom
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Municipality
Preston Township
High School District
Wayne Highlands
County Tax Amount
985.34
Municipal Tax Amount
325.34
School Tax Amount
3696.37
Tax Annual Amount
5007.05
Tax Assessed Value
282900
Parcel Number
20-0-0141-0039
Zoning
Residential
Tax Book Number
R-3470/135

Appliances

Built-In Gas Range
Yes
Dishwasher
Yes
Gas Oven
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Architectural Style

Colonial
Yes

Basement

Concrete
Yes
Daylight
Yes
Exterior Entry
Yes
Storage Space
Yes
Unfinished
Yes
Walk-Out Access
Yes

Construction Materials

Aluminum Siding
Yes
Stone
Yes

Cooling

Ceiling Fan(s)
Yes

Current Use

Residential
Yes

Electric

150 Amp Service
Yes
Circuit Breakers
Yes

Exterior Features

Private Yard
Yes

Flooring

Carpet
Yes
Laminate
Yes

Heating

Baseboard
Yes
Hot Water
Yes
Propane
Yes
Radiant Floor
Yes
Wood
Yes

Interior Features

Beamed Ceilings
Yes
Eat-in Kitchen
Yes
Kitchen Island
Yes
Vaulted Ceiling(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Basement
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Back Yard
Yes
Cleared
Yes
Few Trees
Yes
Gentle Sloping
Yes
Near Golf Course
Yes
Pond On Lot
Yes
Secluded
Yes
Sloped Down
Yes
Views
Yes

Other Structures

Garage(s)
Yes
Outbuilding
Yes
Shed(s)
Yes
Storage
Yes

Parking Features

Garage
Yes
Garage Door Opener
Yes
Gravel
Yes
Heated Garage
Yes
Off Street
Yes

Patio And Porch Features

Deck
Yes

Possession

Negotiable
Yes

Property Condition

Updated/Remodeled
Yes

Road Frontage Type

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Road Surface Type

Dirt
Yes
Gravel
Yes

Roof

Asphalt
Yes
Shingle
Yes

Security Features

Closed Circuit Camera(s)
Yes

Sewer

On Site Septic
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes
Propane
Yes

View

Pond
Yes
Rural
Yes

Water Source

Well
Yes

Window Features

Double Pane Windows
Yes

Disclosures

Clean And Green Act 319
Yes

Room Information

Room Name Level Length Width Remarks
Primary Bedroom Main 14.60 10.60
Primary Bathroom Main 8.00 6.00 SHOWER
Kitchen Main 17.00 15.00 PENNA. MARBLE COUTERTOPS
Bedroom 2 Upper 12.00 10.00
Bedroom 3 Upper 15.00 11.60
Bathroom 2 Upper 12.00 7.00
Living Room Main 28.00 15.00
Family Room Main 20.00 17.00
Listing Office: RE/MAX WAYNE
Last Updated: May - 01 - 2026
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