About This Home

This 3-bedroom, 2-bathroom single family at 124 Rainbow Road in Lakewood, PA is listed for $615,000 ($307 per sqft). Built in 1974, the home offers 2,006 sqft of living space on a 12.00 acres lot.

Key Features

  • Built in 1974
  • 12.00 acre lot
  • 2 stories

Property Details

2 stories
2 full
3-car garage
1974

Amenities

A/C
Listing Description

AMAZING COUNTRY PROPERTY!! Located in the small town of Lakewood in Northern Wayne county, this 3 bed 2 bath home is a one of a kind property that does not come along very often. This 12 acre parcel has much to offer, a large 3 car garage with radiant floor heating, a car lift and houses an outdoor furnace to heat both the garage and home.

Another great feature is a stocked, 15 foot deep, 1 acre pond. Just beyond the pond is direct access to the Rails and Trails recreational trail system which is 16 miles in length and connects many fine eateries !! There are also 2 water sources , a drilled well that services the house and a dug well that can be used for gardening or farm animals.

The home itself has a 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. 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. 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.

Monthly Cost Estimate

$3,289/mo

20% down · 6.5% · 30 years

Principal$445
Interest$2,665
Insurance$179

Estimates only. Actual payments may vary.

Location

124 Rainbow Road

Lakewood, PA 18439

Features & Amenities

Interior Features

Beamed CeilingsVaulted Ceiling(s)Kitchen IslandEat-in Kitchen

Exterior Features

Private Yard

Property Details

Flooring

CarpetLaminate

Construction

Aluminum Siding Stone

Outdoor Features

Deck

Parking

Off StreetGarageOpen

Heating

Hot Water(Heating)Propane (Heating)WoodRadiantRadiant FloorBaseboard

Cooling

Ceiling Fan(s)

Appliances

Built-In Gas RangeWasherWater HeaterGas OvenRefrigeratorMicrowaveDishwasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 124 Rainbow Road is listed at $615,000 ($307/sqft). The estimated monthly payment is $3,289 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 12.00 acre lot, 2 stories. Interior Features: Beamed Ceilings, Vaulted Ceiling(s), Kitchen Island. Exterior Features: Private Yard.

This property is listed by William R Phillips.

WP

William R Phillips

Agent at RE/MAX WAYNE

Listed by RE/MAX WAYNE · Broker phone: (570) 253-9566 · View on Broker Site · Broker website

MLS# PW-261200· Source: Pike/Wayne Association of Realtors MLS· 183 days on PropertySimple

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

124 Rainbow Road, Lakewood, PA 18439

Open this listing in: