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Recreational Land with Home for Sale in Lakewood, Pennsylvania

124 Rainbow Rd, Lakewood, PA 18455

$645,000
12 acres
Active sale
$34k drop
Est $3,713/mo

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.

2,006
Sq feet
3
Beds
2
Full baths
1974
Built

Location

Street address
124 Rainbow Rd
Zip code
18455
School district
Wayne Highlands
Elevation
1,731 feet
Coordinates
41.868, -75.376

Directions

From Honesdale, take 670 N to the Red Schoolhouse, take a R on 247N, follow to the end, take a L on 370 W, go 1 mile, take a R on Rainbow Rd, go 1 mile , property on L see sign

Property details

Acreage
12 acres
Zoning
Residential
MLS #
PWAR PW-261200
Posted

Property taxes

Recent
$5,007

Parcels

  • 20-0-0141-0039

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Lot

Features
Back Yard, Cleared, Few Trees, Gentle Sloping, Near Golf Course, Pond On Lot, Secluded, Sloped Down, Views

Exterior

Parking
Garage, Off Street, Open
Pool
Deck
Structures
Outbuilding
Features
Private Yard

Structure

Style
Colonial
Stories
2
Basement
Concrete, Daylight, Exterior Entry, Storage Space, Unfinished, Walk-Out Access
Water
Well
Heating
Baseboard, Hot Water, Propane, Radiant, Radiant Floor, Wood
Cooling
Ceiling Fan(s)
Materials
Aluminum Siding, Stone
Roof
Asphalt, Shingle
Windows
Double Pane Windows

Interior

Room Count
6
Rooms
Basement, Bathroom x 2, Bedroom x 3, Family Room
Flooring
Carpet, Laminate
Appliances
Built-In Gas Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Washer, Water Heater
Features
Beamed Ceilings, Eat-In Kitchen, Kitchen Island, Vaulted Ceiling(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
June 9, 2026Price drop$645,000$34,000 -5%PWAR
May 15, 2026Relisted$679,000PWAR
May 13, 2026Listing removed$679,000Listing agent
May 12, 2026Relisted$679,000PWAR
May 11, 2026Listing removed$679,000Listing agent
May 11, 2026Relisted$679,000PWAR
May 10, 2026Listing removed$679,000Listing agent
May 10, 2026Relisted$679,000PWAR
May 9, 2026Listing removed$679,000Listing agent
May 9, 2026Relisted$679,000PWAR
May 8, 2026Listing removed$679,000Listing agent
May 8, 2026Relisted$679,000PWAR
May 7, 2026Listing removed$679,000Listing agent
May 7, 2026Relisted$679,000PWAR
May 6, 2026Listing removed$679,000Listing agent
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This 12-acre property is located at 124 Rainbow Rd in Lakewood, PA 18455. The property is available for sale, priced at $645,000. It has a 2,006 square foot 3-bedroom, 2-bath house built in 1974.

Listed by RE/MAX Wayne, (570) 253-9566

Checked 2 hours agoUpdated Source

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