313 Monarch WAY Pocono Lake, PA 18347
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
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
Agent Pennsylvania RS376466New Jersey 2561002
+1(570) 526-2800 | tom@discoverpahomes.com