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Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW-243792
Sold Date 04/11/25
Style Contemporary
Bedrooms 6
Full Baths 3
HOA Y/N false
Year Built 1984
Property Sub-Type Single Family Residence
Source Pike/Wayne Association of REALTORS®
Property Description
Own a Slice of Lakefront Paradise on Lake Wallenpaupack!Presenting a rare opportunity. Owner is offering their 1/3 partnership equity interest in one of Lake Wallenpaupack's most coveted lakefront properties. With over 250 feet of level shoreline and a stunning, unobstructed 4-mile view from Goose Pond Cove peninsula.This property offers the perfect blend of tranquility, recreation, and community.
The residence, situated on over a full acre of prime lakefront land, features 6 bedrooms, 3.5 baths, and a magnificent floor-to-ceiling stone fireplace that anchors the home's warm and inviting atmosphere. Recent upgrades include a new septic system (2024), ensuring peace of mind for years to come. The flat backyard, ample parking, and large waterfront dock make this property ideal for entertaining and family gatherings.
A Turn-Key Investment with Incredible Perks
As a 1/3 partner, you'll enjoy shared access to an array of amenities, including:
A 24' pontoon boat, 3 jet skis, and plenty of lake toys for endless water adventures.
A fully furnished home, complete with deck furnishings and spa—ready for you to step in and start enjoying.
A spacious 72' x 36' private dock, perfect for sunbathing, fishing, or launching your lake adventures. A huge lakefront pavilion ideal for reunions, weddings or any ordinary Sunday afternoon gathering.
This isn't just a property—it's a lifestyle. The partnership, established in 1984, ensures a seamless experience. The other two families are delightful and experienced, maintaining meticulous records of shared expenses, budgets, and vendor relationships. Importantly, there's no sharing of usage between families; you'll have exclusive access during your agreed upon times.Cost-Effective Ownership
Unlike a typical real estate purchase, this is a partnership transaction, meaning:
No real estate transfer taxes.
No deed or title insurance expenses.
Minimal closing costs.
Sellers MAY consider an offer to purchase the entire property Properties like this, with one of the largest private shorelines on Lake Wallenpaupack, rarely come to market. This is only the third time in 40 years that a partnership share has been available. Owning 1/3 of this exceptional property means enjoying all the benefits of lakefront livingat a fraction of the cost and maintenance.
Don't miss this chance to own a piece of Lake Wallenpaupack's finest. Whether you're seeking a tranquil retreat or an adventure-filled escape, this property offers it all.
Location
State PA
County Wayne
Zoning Residential
Rooms
Basement Crawl Space, Partial, Unfinished, Walk-Out Access
Interior
Interior Features Eat-in Kitchen, High Ceilings
Heating Baseboard, Electric
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Linoleum
Fireplaces Number 2
Fireplaces Type Living Room, Outside, Wood Burning
Equipment Dehumidifier
Fireplace Yes
Exterior
Exterior Feature Dock, Fire Pit
Parking Features Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront Description true
View Y/N Yes
View Lake, Panoramic, Water
Roof Type Asphalt,Fiberglass
Porch Deck
Total Parking Spaces 2
Garage No
Building
Lot Description Level, Views
Foundation Block
Sewer On Site Septic
Water Shared Well, Well
Architectural Style Contemporary
Structure Type T1-11
Others
Tax ID 19-0-0017-0029
Acceptable Financing Cash, Seller Equity Share
Listing Terms Cash, Seller Equity Share
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