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318 N Arrow Drive, Pocono Lake, PA 18347

$875,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,100 Lot Size (sq. ft.): 15,246 Status: Active
Current Price: $875,000 List Date: 5/15/2026 Last Modified: 5/20/2026

Description

Lakefront opportunities like this rarely hit the market in Arrowhead especially one with this much flexibility, income potential, and room to scale. Situated directly on the water inside one of the Poconos' most sought-after gated communities, this 4 bedroom 3 bathroom property offers the perfect combination of personal getaway and high-performing short-term rental investment. This home already generates strong Airbnb potential as a true lakefront retreat, but what makes it even more exciting is the upside. With minimal modifications and proper township approval, the lower level offers the opportunity to create additional legal sleeping areas, potentially transforming the property into a 6 bedroom lakefront investment designed to maximize occupancy and revenue. Large groups, vacationing families, and weekend travelers are constantly searching for waterfront homes with space, privacy, and amenities -- and this property checks every box. The layout was built for entertaining and hosting, featuring multiple living spaces, expansive windows bringing in natural light and lake views, spacious decking areas, and direct access to everything Arrowhead has to offer. Whether you're looking for a luxury vacation home, a full-time residence, or a cash-flowing short-term rental, the possibilities here are endless. Arrowhead Lake is one of the premier STR-friendly communities in the Poconos, offering two lakes, four beaches, three heated pools, tennis courts, basketball courts, playgrounds, a fitness center, lodge, and year-round community events -- creating a destination guests return to again and again. Lakefront inventory is limited. Income-producing lakefront properties with expansion potential are even rarer. Don't miss the opportunity to own a property that offers lifestyle, investment strength, and long-term upside all in one.

More Information MLS# PM-141324

Contract Information

Listing Service: Full Service Property Sub Type: Single Family Residence List Price: $875,000 Current Price: $875,000 Status: Active Listing Contract Date: 2026-05-15

Location, Tax, and Legal

Parcel Number: 03.20D.1.27 Municipality: Coolbaugh Township High School District: Pocono Mountain Tax Subdivision Name: Arrowhead Lake County Tax Amount: 2413.74 Municipal Tax Amount: 1211.87 School Tax Amount: 10245.81 Tax Other Annual Assessment Amount: 759.73 Tax Annual Amount: 14631.15 Tax Assessed Value: 440680 Tax Year: 2025 Tax Map Number: 03630717117077 Tax Lot: 82 Tax Block: 55 Tax Book Number: 2248 Tax Page Number: 3002 Deed Recording Date: 2005-11-17 Tax Legal Description: Lot 82 Blk 55 Sec 12 Zoning Description: Residential

General Property Information

Rooms Total: 13 Bathrooms Half: 0 Above Grade Finished Area: 2100 Below Grade Finished Area: 0 Living Area: 2100 Living Area Source: Measured Above Grade Unfinished Area: 2100 Below Grade Unfinished Area: 0 Building Area Source: Measured Stories: 3 Stories Total: 3 Year Built Source: Public Records Fireplace YN: Yes Green Features YN: No Basement YN: No Smart Home Features YN: No Pool Private YN: No Garage YN: Yes Attached Garage YN: Yes Garage Spaces: 1 Carport YN: No Open Parking YN: Yes Open Parking Spaces: 4 Parking Total: 5 Lot Size Acres: 0.35 Waterfront YN: Yes Association YN: Yes Association Fee: 2000 Association Fee Frequency: Annually Water Body Access YN: Yes Capital Improvement Fee: 2000 List Price/SqFt: 416.67 Bedrooms Total: 4 Bathrooms Total: 3 Bathrooms Full: 3 Building Area Total: 2100 Year Built: 2006

Currently Not Used

Furnished: Furnished

Remarks and Miscellaneous

Public Remarks: Lakefront opportunities like this rarely hit the market in Arrowhead especially one with this much flexibility, income potential, and room to scale. Situated directly on the water inside one of the Poconos' most sought-after gated communities, this 4 bedroom 3 bathroom property offers the perfect combination of personal getaway and high-performing short-term rental investment. This home already generates strong Airbnb potential as a true lakefront retreat, but what makes it even more exciting is the upside. With minimal modifications and proper township approval, the lower level offers the opportunity to create additional legal sleeping areas, potentially transforming the property into a 6 bedroom lakefront investment designed to maximize occupancy and revenue. Large groups, vacationing families, and weekend travelers are constantly searching for waterfront homes with space, privacy, and amenities -- and this property checks every box. The layout was built for entertaining and hosting, featuring multiple living spaces, expansive windows bringing in natural light and lake views, spacious decking areas, and direct access to everything Arrowhead has to offer. Whether you're looking for a luxury vacation home, a full-time residence, or a cash-flowing short-term rental, the possibilities here are endless. Arrowhead Lake is one of the premier STR-friendly communities in the Poconos, offering two lakes, four beaches, three heated pools, tennis courts, basketball courts, playgrounds, a fitness center, lodge, and year-round community events -- creating a destination guests return to again and again. Lakefront inventory is limited. Income-producing lakefront properties with expansion potential are even rarer. Don't miss the opportunity to own a property that offers lifestyle, investment strength, and long-term upside all in one.

Special Listing Conditions

Standard: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1 1031 Exchange: 1

Disclosures

Virtual Staging: 1

Common Walls

No Common Walls: 1

Structure Type

House: 1

Current Use

Residential: 1

Architectural Style

Chalet: 1 Contemporary: 1

Interior Features

Breakfast Bar: 1 Eat-in Kitchen: 1 Kitchen Island: 1 Laminate Counters: 1 Sauna: 1 Cathedral Ceiling(s): 1 High Ceilings: 1 Ceiling Fan(s): 1 Storage: 1

Fireplace Features

Fireplaces Total: 2 Living Room: 1 Outside: 1 Propane: 1 Wood Burning: 1

Laundry Features

Lower Level: 1

Flooring

Carpet: 1 Hardwood: 1 Laminate: 1 Tile: 1

Door Features

French Doors: 1 Sliding Doors: 1

Window Features

Drapes: 1 Screens: 1

Accessibility Features

Enhanced Accessible: 1

Construction Materials

Vinyl Siding: 1

Foundation Details

Slab: 1

Roof

Asphalt: 1

Electric

200+ Amp Service: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Ductless: 1

Heating

Central: 1 Ductless: 1 Fireplace(s): 1 Electric: 1

Appliances

Electric Oven: 1 Range: 1 Electric Range: 1 Refrigerator: 1 Dishwasher: 1 Microwave: 1 Washer: 1 Dryer: 1

Security Features

24 Hour Security: 1 Building Security: 1 Carbon Monoxide Detector(s): 1 Security Gate: 1 Security Guard: 1 Smoke Detector(s): 1

Other Equipment

Other: 1

Water Source

Well: 1

Sewer

Private Sewer: 1

Utilities

Cable Connected: 1

Exterior Features

Barbecue: 1 Outdoor Grill: 1 Fire Pit: 1

Patio And Porch Features

Deck: 1

Parking Features

Parking Pad: 1 Gravel: 1

Lot Features

Landscaped: 1

Road Frontage Type

Road Frontage Length: 70

Road Surface Type

Paved: 1

Road Responsibility

Private Maintained Road: 1

Water Body View

Yes: 1

Water Body Type

Lake: 1

Water Body Features

Beach: 1 Fishing: 1 Boating: 1 Boat Dock: 1 Boat Slip: 1

Water Body Access Type

Community: 1

Association Amenities

Security: 1 Gated: 1 Barbecue: 1 Cabana: 1 Clubhouse: 1 Party Room: 1 Picnic Area: 1 Day Care: 1 Playground: 1 Park: 1 RV/Boat Storage: 1 ATVs Allowed: 1 Golf Carts Allowed: 1 Recreation Facilities: 1 Recreation Room: 1 Billiard Room: 1 Game Room: 1 Outdoor Ice Skating: 1 Outdoor Pool: 1 Exercise Course: 1 Fitness Center: 1 Tennis Court(s): 1 Basketball Court: 1 Sport Court: 1 Other: 1

Association Fee Includes

Trash: 1 Security: 1 Maintenance Grounds: 1 Maintenance Structure: 1 Maintenance Road: 1

Room Types

Living Room: 1 Bathroom 2: 1 Bathroom 2 Level: Second Bathroom 3: 1 Bathroom 3 Level: First Living Room Level: Second Dining Room: 1 Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Third Dining Room Level: Second Kitchen: 1 Kitchen Level: Second Other: 1 Other Level: First Primary Bathroom: 1 Primary Bathroom Level: Third Primary Bedroom: 1 Primary Bedroom Level: Third

Location Tax and Legal

County: Monroe Street Number: 318 Street Direction Prefix: N Street Name: Arrow Street Suffix: Drive City (Post Office): Pocono Lake State: PA Postal Code: 18347 Subdivision Name: Arrowhead Lakes

Property Features

Special Listing Conditions: Standard Listing Terms: Cash; Conventional; FHA; VA Loan; 1031 Exchange Disclosures: Virtual Staging Structure Type: House Common Walls: No Common Walls Current Use: Residential Architectural Style: Chalet; Contemporary Interior Features: Breakfast Bar; Eat-in Kitchen; Kitchen Island; Laminate Counters; Sauna; Cathedral Ceiling(s); High Ceilings; Ceiling Fan(s); Storage Fireplace Features: Living Room; Outside; Propane; Wood Burning Laundry Features: Lower Level Flooring: Carpet; Hardwood; Laminate; Tile Door Features: French Doors; Sliding Doors Window Features: Drapes; Screens Accessibility Features: Enhanced Accessible Construction Materials: Vinyl Siding Foundation Details: Slab Roof: Asphalt Electric: 200+ Amp Service Cooling: Ceiling Fan(s); Central Air; Ductless Heating: Central; Ductless; Fireplace(s); Electric Appliances: Electric Oven; Range; Electric Range; Refrigerator; Dishwasher; Microwave; Washer; Dryer Security Features: 24 Hour Security; Building Security; Carbon Monoxide Detector(s); Security Gate; Security Guard; Smoke Detector(s) Other Equipment: Other Water Source: Well Sewer: Private Sewer Utilities: Cable Connected Exterior Features: Barbecue; Outdoor Grill; Fire Pit Patio And Porch Features: Deck Parking Features: Parking Pad; Gravel Lot Features: Landscaped Road Surface Type: Paved Road Responsibility: Private Maintained Road Water Body View: Yes Water Body Type: Lake Water Body Features: Beach; Fishing; Boating; Boat Dock; Boat Slip Water Body Access Type: Community Association Amenities: Security; Gated; Barbecue; Cabana; Clubhouse; Party Room; Picnic Area; Day Care; Playground; Park; RV/Boat Storage; ATVs Allowed; Golf Carts Allowed; Recreation Facilities; Recreation Room; Billiard Room; Game Room; Outdoor Ice Skating; Outdoor Pool; Exercise Course; Fitness Center; Tennis Court(s); Basketball Court; Sport Court; Other Association Fee Includes: Trash; Security; Maintenance Grounds; Maintenance Structure; Maintenance Road Room Types: Living Room; Dining Room; Kitchen; Primary Bedroom; Bedroom 2; Bedroom 3; Bedroom 4; Primary Bathroom; Bathroom 2; Bathroom 3; Other

Room Information

Living Room Level: Second Length: 12.00 Length: 12.00 Width: 14.00 Width: 14.00 Remarks: fireplace Dining Room Level: Second Length: 12.00 Length: 12.00 Width: 12.00 Width: 12.00 Kitchen Level: Second Length: 11.00 Length: 11.00 Width: 10.00 Width: 10.00 Bedroom 2 Level: Second Length: 13.00 Length: 13.00 Width: 10.00 Width: 10.00 Bedroom 3 Level: Second Length: 13.00 Length: 13.00 Width: 10.00 Width: 10.00 Bathroom 2 Level: Second Length: 9.00 Length: 9.00 Width: 6.00 Width: 6.00 Other Level: First Length: 11.00 Length: 11.00 Width: 8.00 Width: 8.00 Living Room Level: First Length: 10.00 Length: 10.00 Width: 10.00 Width: 10.00 Bathroom 3 Level: First Length: 9.00 Length: 9.00 Width: 13.00 Width: 13.00 Primary Bedroom Level: Third Length: 16.00 Length: 16.00 Width: 10.00 Width: 10.00 Primary Bathroom Level: Third Length: 10.00 Length: 10.00 Width: 5.00 Width: 5.00 Bedroom 4 Level: Third Length: 10.00 Length: 10.00 Width: 9.00 Width: 9.00
Listing Office: Keller Williams Real Estate - Stroudsburg
Last Updated: May - 20 - 2026
318 N Arrow Drive, Pocono Lake, PA 18347- MLS# PM-141324
Information deemed reliable but not guaranteed.

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