About This Home

This 5-bedroom, 3-bathroom single family at 1046 Rainbow Drive in Lake Ariel, PA is listed for $379,900 ($149 per sqft). Built in 1998, the home offers 2,548 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1998
  • 0.25 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 1 half
1998

Amenities

FireplaceHardwoodA/C
Listing Description

Spacious 5-bedroom, 2.5-bath home in the amenity-filled Wallenpaupack Lake Estates community! Offering 2,548 square feet of finished living space across three levels, this Lake Ariel home provides plenty of room for full-time living, a vacation getaway, or entertaining family and friends.

The main living area features a dramatic vaulted ceiling, loft overlook, and beautiful stone fireplace that creates a warm Pocono feel. The kitchen and dining area offer plenty of space to gather, while the large rear deck extends the living space outdoors and is perfect for relaxing, grilling, and entertaining among the trees.

The main level includes a primary bedroom, while two additional bedrooms are located upstairs along with the open loft overlooking the living room. Downstairs, the finished walk-out basement adds even more living space with two additional bedrooms and a large game/family room--an ideal setup for guests, recreation, or movie nights.

The home comes mostly furnished, making it easy to start enjoying right away. Located in Wallenpaupack Lake Estates, owners have access to an impressive selection of community amenities and recreational opportunities. With five bedrooms, multiple gathering spaces, a finished walk-out lower level, expansive deck, and a great Lake Ariel location, this home offers plenty of space to enjoy everything the Lake Wallenpaupack area has to offer.

Monthly Cost Estimate

$4,496/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,646
Insurance$111
HOA$2,464

Estimates only. Actual payments may vary.

Location

1046 Rainbow Drive

Lake Ariel, PA 18436

Wallenpaupack Lake Estates

Features & Amenities

Interior Features

Vaulted Ceiling(s)Open Floorplan

Property Details

Flooring

VinylTileCarpetHardwood

Construction

Vinyl Siding

Outdoor Features

Deck

Heating

Forced AirElectric (Heating)

Cooling

Central AirCeiling Fan(s)

Appliances

Electric RangeRefrigeratorDishwasherWasherDryer

Questions & Answers

This 5-bedroom, 3-bathroom single family at 1046 Rainbow Drive is listed at $379,900 ($149/sqft). The estimated monthly payment is $4,496 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2464/month.

Key features include: Built in 1998, 0.25 acre lot, 2 stories, Fireplace. Interior Features: Vaulted Ceiling(s), Open Floorplan.

This property is listed by Sean Esposito and can be reached at (570) 500-5254.

SE

Sean Esposito

Agent at Cobblestone Real Estate, LLC

(570) 500-5254

Listed by Cobblestone Real Estate, LLC · Broker phone: (570) 500-5254 · View on Broker Site

MLS# PM-144182· Source: Pocono Mountains Association of Realtors· 60 days on PropertySimple

Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1046 Rainbow Drive, Lake Ariel, PA 18436

Open this listing in: