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Recreational Land with Home for Sale in Lakewood, Pennsylvania

223 Rainbow Rd, Lakewood, PA 18439

$625,000
18.7 acres
Active
$24k drop
Est $3,679/mo

Escape to your own private retreat with this sprawling 5-bedroom, 2.5-bath custom home set on 18+ picturesque acres in Lakewood! Featuring an inviting open floor plan, this home offers a large living room with a cozy pellet stove fireplace, a formal dining area, and a spacious eat-in kitchen with a center island--perfect for entertaining. Enjoy the warmth of the sunroom or relax in the main floor primary suite complete with hardwood floors and a full bath. Four additional bedrooms provide plenty of space for family and guests. The massive lower-level recreation room is ideal for game nights or movie marathons, while the wraparound porch with a built-in gazebo area sets the scene for evenings by the fire. An attached 2-car garage and large shed offer ample storage for all your gear. Adventure awaits just outside your door--18+ mostly wooded acres perfect for hunting or ATV riding, and the O&W Rail-Trail right across the street offers 30+ miles of hiking, biking, horseback, and snowmobile trails. Located only 30 minutes to Elk Mountain, 35 minutes to Honesdale, and 10 minutes to the Delaware River, this property truly has something for everyone--whether you're seeking a full-time residence or the ultimate recreation getaway!

3,797
Sq feet
5
Beds
2
Full baths
1
1/2 bath
1996
Built

Location

Street address
223 Rainbow Rd
School district
Wayne Highlands
Elevation
1,666 feet
Coordinates
41.8704, -75.3671

Directions

From Honesdale: Take N Main St to Left onto Route 670 N. Continue 9 miles. Right onto PA-247 and continue for 7 miles. Slight left onto Rock Lake Road. In 4 miles turn right onto S Preston Road. Right onto 370 E. In 1.5 miles turn left onto Rainbow Road. Home on right.

Property details

Acreage
18.73 acres
Zoning
Residential
MLS #
PWAR PW-253495
Posted

Property taxes

Recent
$7,400

Parcels

  • 20-0-0142-0038

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway, Garage, Paved or Surfaced

Structure

Style
Cape Cod
Heating
Baseboard, Fireplace(s), Hot Water, Oil, Pellet Stove
Cooling
Ceiling Fan(s)
Materials
Vinyl Siding
Roof
Shingle

Interior

Room Count
9
Rooms
Basement, Bathroom x 3, Bedroom x 5, Dining Room, Family Room, Kitchen, Laundry, Living Room
Flooring
Carpet, Hardwood, Laminate, Tile
Appliances
Cooktop, Dishwasher, Dryer, Electric Cooktop, Microwave, Washer
Security
Security System
Features
Eat-In Kitchen, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat

Listing history

DateEventPriceChangeSource
Nov 1, 2025Price drop$625,000$24,000 -3.7%PWAR
Oct 18, 2025New listing$649,000PWAR
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This 18.73-acre property is located at 223 Rainbow Rd in Lakewood, PA 18439. The property is available for sale for $625,000. It has a 3,797 sq ft 5 bedroom, 2 bath house built in 1996.

Checked 7 hours ago — Updated

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Copyright (C) 2025 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.

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