313 Monarch WAY, Pocono Lake, PA 18347
313 Monarch WAY, Pocono Lake, PA 18347
313 Monarch WAY, Pocono Lake, PA 18347
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Listed by Lorena Alvarez exp Realty, LLC - Philadelphia
$425,000
Est. payment /mo
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3 Beds
2 Baths
1,351 SqFt
New

313 Monarch WAY Pocono Lake, PA 18347

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James Smith

James Smith

+1(484) 656-8222

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,351 sqft

Price per Sqft $314

Municipality Tobyhanna Township

Subdivision Locust Lake Village

MLS Listing ID PM-143112

Style Chalet

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Fees $144

HOA Y/N true

Year Built 1978

Annual Tax Amount $3,746

Tax Year 2025

Lot Size 0.450 Acres

Acres 0.45

Lot Dimensions 0.45

Property Sub-Type Single Family Residence

Source Pocono Mountains Association of REALTORS®

Property Description

TURNKEY INCOME PRODUCING STR -- $68K annual revenue two years running and ranked in the top 5% of all Airbnb listings. Known as ''Monarch Cottage,'' this extremely well-maintained 3-bedroom, 1.5-bath Pocono chalet is a proven, permitted short-term rental with a 4.97-star rating across 147 reviews. Meticulously cared for, thoughtfully updated and professionally designed, the home features vaulted ceilings, floor-to-ceiling windows, a stone fireplace, a renovated full bath, an updated kitchen with stainless appliances, and a one-of-a-kind camp-style bunkroom and arcade loft that guests rave about. Outside, enjoy a private hot tub, fire pit, screened-in porch, spacious deck, and a pirate ship treehouse -- the amenity package driving premium nightly rates. Set in amenity-rich Locust Lake Village, steps from a private beach and three lakes with lifeguarded swimming, a ski hill, tennis, and community events, and just 15-20 minutes from Jack Frost, Big Boulder, Camelback, Kalahari, and Pocono Raceway -- true four-season demand with no dead months. Sold as a fully operational business this is a rare chance to buy documented cash flow, not projections.

Location

State PA

County Monroe

Community Locust Lake Village

Area 0.45

Rooms

Basement Crawl Space

Interior

Interior Features Eat-in Kitchen, Vaulted Ceiling(s)

Heating Baseboard, Ductless

Cooling Ductless

Flooring Luxury Vinyl

Fireplaces Number 1

Fireplaces Type Living Room, Propane

Inclusions All Furnishings

Equipment None

Fireplace Yes

Exterior

Exterior Feature Barbecue, Gas Grill, Fire Pit

Garage Spaces 5.0

Utilities Available Other

Amenities Available Clubhouse, Picnic Area, Playground, Tennis Court(s), Basketball Court

View Y/N No

Roof Type Asphalt

Porch Deck

Total Parking Spaces 1

Garage No

Building

Story 2

Sewer Private Sewer

Water Well

Architectural Style Chalet

Structure Type T1-11

Schools

School District Pocono Mountain

Others

Tax ID 19.12E.1.56

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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James Smith

James Smith

Agent | License ID: RS354299

+1(484) 656-8222

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313 Monarch WAY