313 Monarch Way, Pocono Lake, PA 18347
- $425,000
- 3
- BD
- 2
- BA
- 1,351
- SqFt
- List Price
- $425,000
- Status
- ACTIVE
- Days on Market
- 13
- MLS#
- PM-143112
- Subtype
- Residential
- Style
- Chalet
- Year Built
- 1978
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,351
- Lot Size
- 19,602
- Acres
- 0.45
- Subdivision
- Locust Lake Village
- Neighborhood
- Tobyhanna Township
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.
Additional Information
- Interior Features
- Eat-In Kitchen, Vaulted/Cathedral Ceilings
- Exterior Features
- Barbecue, Fire Pit, Gas Grill
- Taxes
- $3,746
- HOA Fee
- $1,733
- Property Description
- Chalet
- Flooring
- Vinyl
- Appliances
- Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Heating
- Baseboard, Ductless
- Air Conditioning
- Ductless
- Stories
- 2
- Roof
- Asphalt
- Garage Spaces
- 1
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Listing provided by exp Realty, LLC - Philadelphia
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