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271 Route 390, Tafton, PA 18464

$3,500,000
Property Type: Commercial Sale Square Footage: 9,054 Lot Size (sq. ft.): 101,059 Status: Active
Current Price: $3,500,000 List Date: 7/21/2026 Last Modified: 7/21/2026

Overview

Description

EXCEPTIONAL OPPORTUNITIES LIKE THIS ARE EXTRAORDINARILY RARE. Nestled between the pristine waters of Lake Wallenpaupack & the natural beauty of Promised Land State Park, Martin's Lakefront Cottages offers a ONE-OF-A-KIND LAKEFRONT INVESTMENT w/ exceptional income, lifestyle, & future development potential. Spanning MORE THAN 2.3 ACRES w/ approximately 270ft of shoreline on scenic Fairview Lake, the property features 10 charming rental cottages, each w/ its OWN PRIVATE BOAT, along w/ five docks, a swimming platform, & public water/sewer service. A beloved Pocono destination for generations, Martin's has built a loyal following of repeat guests & offers the opportunity to continue a successful seasonal rental business from day one. Ideally located under 2hrs from both NYC & Philadelphia, the property is equally suited as a private family compound, corporate or recreational retreat, boutique hospitality investment, or future redevelopment opportunity. Subject to applicable approvals, the ...

Listing Details MLS# PM-143202

General Property Information

Above Grade Finished Area
7582
Building Area Total
9054
Building Area Source
Public Records
Stories
2
Stories Total
2
Number Of Buildings
10
Year Built
1901
Year Built Source
Public Records
Year Built Details
The 2 original homes were built in 1901 whereras the 8 additional cabins were built in 1950.
Direction Faces
Northeast
Green Features YN
No
Basement YN
No
Power Production/Storage YN
No
Garage YN
No
Carport YN
Yes
Carport Spaces
2
Open Parking YN
Yes
Open Parking Spaces
15
Parking Total
17
Lot Size Acres
2.32
Water Body Access YN
Yes
Water Body Restrictions YN
No
Water Body Name
Fairview Lake
Waterfront YN
Yes
Sign On Property YN
No
List Price/SqFt
386.57
Below Grade Finished Area
0

Property Features

Special Listing Conditions: Standard; Trust Listing Terms: Cash; Conventional; 1031 Exchange Existing Lease Type: Gross Owner Pays: All Utilities; Electricity; Water; Hot Water; Sewer; Insurance; Taxes; Exterior Maintenance; Roof Maintenance; Repairs; Grounds Care; Janitorial Service; Trash Collection Tenant Pays: None Income Includes: Rent Only Possession: Close Of Escrow; Negotiable Structure Type: Hotel/Motel; Other Current Use: Commercial; Recreational; Residential; See Remarks Possible Use: Commercial; Recreational; Residential; Development; Investment; See Remarks Business Type: Bed & Breakfast; Hospitality; Hotel/Motel; Camp Ground; Marina; Recreation; Rental; Residential Special Licenses: None Property Condition: Updated/Remodeled Building Features: Established Business; Turnkey Operations; High Traffic Area; Prime Location; Expressway Location; Equipment Included; Furniture Included; Inventory Included; Separate Utilities; Other; See Remarks Rail Road Track: None Flooring: Carpet; Ceramic Tile; Combination; Hardwood; Linoleum; Tile; Vinyl; Wood; Varies; See Remarks Construction Materials: Wood Siding; Frame Basement: Dirt Floor; Crawl Space Foundation Details: Block; Stone Roof: Metal Electric: 100 Amp Service; Circuit Breakers Cooling: Ceiling Fan(s) Heating: Baseboard; Fireplace(s); Forced Air; Heat Pump; Electric; Propane Security Features: Smoke Detector(s) Water Source: Public; Well Sewer: Public Sewer Exterior Features: Playground; Fire Pit; Lighting; Storage; Other Parking Features: On Site; Off Street; Driveway; Gravel; Other; See Remarks Lot Features: Level; Split Possible; Cleared; Wooded; See Remarks Road Frontage Type: State Road Road Surface Type: Paved Road Responsibility: Public Maintained Road Water Body View: Yes Water Body Type: Lake Water Body Features: Fishing; Boating; Boat Dock; Powered Boats Allowed Water Body Access Type: Owned

Contract Information

Property Sub Type
Mixed Use
Property Attached YN
Yes
Rent Control YN
No
Listing Contract Date
2026-07-20
Listing Service
Full Service
Lease Considered YN
No
Subsurface Rights YN
No

Location Tax and Legal

County
Pike
Street Number
271
Street Name
Route 390
City (Post Office)
Tafton
State
PA
Postal Code
18464
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
EXCEPTIONAL OPPORTUNITIES LIKE THIS ARE EXTRAORDINARILY RARE. Nestled between the pristine waters of Lake Wallenpaupack & the natural beauty of Promised Land State Park, Martin's Lakefront Cottages offers a ONE-OF-A-KIND LAKEFRONT INVESTMENT w/ exceptional income, lifestyle, & future development potential. Spanning MORE THAN 2.3 ACRES w/ approximately 270ft of shoreline on scenic Fairview Lake, the property features 10 charming rental cottages, each w/ its OWN PRIVATE BOAT, along w/ five docks, a swimming platform, & public water/sewer service. A beloved Pocono destination for generations, Martin's has built a loyal following of repeat guests & offers the opportunity to continue a successful seasonal rental business from day one. Ideally located under 2hrs from both NYC & Philadelphia, the property is equally suited as a private family compound, corporate or recreational retreat, boutique hospitality investment, or future redevelopment opportunity. Subject to applicable approvals, the site also offers the potential for 3 exceptional lakefront homesites. Fairview Lake, recognized by Outdoor Life as one of the Poconos' premier bass fishing lakes, adds to the property's exceptional recreational appeal. Opportunities combining this amount of waterfront, acreage, existing income, public utilities, & future flexibility are exceptionally uncommon. A TRULY UNIQUE OPPORTUNITY!
Inclusions
Each cabin's appliances, 10 boats, 5 Docks and 1 swimming platform
Exclusions
kayaks & rafts

Unit Details

Number Of Units Leased
10

More Information

Property Condition

Year Built Effective
1901
Updated/Remodeled
Yes

Meter Information

Number Of Separate Electric Meters
10
Number Of Separate Water Meters
3

Water Body Information

Water Frontage Length Owned
279

Location, Tax, and Legal

Parcel Number
056.01-01-48 106667
Municipality
Palmyra Township
High School District
Wallenpaupack Area
County Tax Amount
4641.86
Municipal Tax Amount
812.62
School Tax Amount
14672.43
Tax Annual Amount
20458.59
Tax Assessed Value
165840
Tax Year
2026
Tax Book Number
2828
Tax Page Number
1085
Deed Recording Date
2026-05-18
Tax Legal Description
0.69 Ac 2 Cottages
Additional Parcels YN
Yes
Additional Parcels Description
056.01-01-47 071202 & 056.01-01-48.001 012548
Zoning Description
Commercial
FEMA Zone
X
Common Interest
None
Land Lease YN
No

Currently Not Used

Number Of Units Total
10
Building Name
Martin's Lakeside Cottages

Business Type

Bed & Breakfast
Yes
Hospitality
Yes
Hotel/Motel
Yes
Camp Ground
Yes
Marina
Yes
Recreation
Yes
Rental
Yes
Residential
Yes

Special Licenses

None
Yes

Special Listing Conditions

Standard
Yes
Trust
Yes

Listing Terms

Cash
Yes
Conventional
Yes
1031 Exchange
Yes

Existing Lease Type

Gross
Yes

Owner Pays

All Utilities
Yes
Electricity
Yes
Water
Yes
Hot Water
Yes
Sewer
Yes
Insurance
Yes
Taxes
Yes
Exterior Maintenance
Yes
Roof Maintenance
Yes
Repairs
Yes
Grounds Care
Yes
Janitorial Service
Yes
Trash Collection
Yes

Tenant Pays

None
Yes

Income Includes

Rent Only
Yes

Oil, Gas and Mineral Rights

Property Subject To Lease
No

Possession

Close Of Escrow
Yes
Negotiable
Yes

Structure Type

Hotel/Motel
Yes
Other
Yes

Current Use

Residential
Yes
Commercial
Yes
Recreational
Yes
See Remarks
Yes

Possible Use

Residential
Yes
Commercial
Yes
Recreational
Yes
Development
Yes
Investment
Yes
See Remarks
Yes

Building Features

Established Business
Yes
Turnkey Operations
Yes
High Traffic Area
Yes
Prime Location
Yes
Expressway Location
Yes
Equipment Included
Yes
Furniture Included
Yes
Inventory Included
Yes
Separate Utilities
Yes
Other
Yes
See Remarks
Yes

Rail Road Track

None
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Combination
Yes
Hardwood
Yes
Linoleum
Yes
Tile
Yes
Vinyl
Yes
Wood
Yes
Varies
Yes
See Remarks
Yes

Construction Materials

Wood Siding
Yes
Frame
Yes

Basement

Dirt Floor
Yes
Crawl Space
Yes

Foundation Details

Block
Yes
Stone
Yes

Roof

Metal
Yes

Electric

100 Amp Service
Yes
Circuit Breakers
Yes

Cooling

Ceiling Fan(s)
Yes

Heating

Baseboard
Yes
Fireplace(s)
Yes
Forced Air
Yes
Heat Pump
Yes
Electric
Yes
Propane
Yes

Water Heater

Electric
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes
Well
Yes

Sewer

Public Sewer
Yes

Exterior Features

Playground
Yes
Fire Pit
Yes
Lighting
Yes
Storage
Yes
Other
Yes

Parking Features

On Site
Yes
Off Street
Yes
Driveway
Yes
Gravel
Yes
Other
Yes
See Remarks
Yes

Lot Features

Level
Yes
Split Possible
Yes
Cleared
Yes
Wooded
Yes
See Remarks
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Road Responsibility

Public Maintained Road
Yes

Water Body View

Yes
Yes

Water Body Type

Lake
Yes

Water Body Features

Fishing
Yes
Boating
Yes
Boat Dock
Yes
Powered Boats Allowed
Yes

Water Body Access Type

Owned
Yes
IDX
Listing Office: Keller Williams Real Estate - Stroudsburg 803 Main
Last Updated: July - 21 - 2026
Information deemed reliable but not guaranteed.

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