125 Hillside Terrace, Pocono Lake, PA 18347 (MLS# PM-106721)

125 Hillside Terrace, Pocono Lake, PA 18347

$560,000

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Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,106 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $560,000 List Date: 7/20/2023 Last Modified: 3/03/2025

Overview

Description

Property is under contract and considering back up offers at this time. Ready to go rental business grossed over $120,000 in 2022. Sold fully furnished and potentially with future business already being booked. Looking for a great investment that you can enjoy with a large family? This Chalet was built in 2005 so its one of the newest in the area. Rental optimized in several ways. On demand hot water, gas fireplaces, rustic pine ceilings, high vaulted ceilings, futured hot tub space, efficient heating and AC system, large deck, filtered lake views, across the street from the community ski hill with ski lift. These are just a few of the ways this house will generate a solid return on your investment. Ask listing agent about DSCR loan options on this.

Listing Details MLS# PM-106721

General Property Information

Rooms Total: 11
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 2882
Living Area: 2882
Above Grade Unfinished Area: 224
Building Area Total: 3106
Building Area Source: Plans
Stories: 3
Year Built: 2005
Year Built Source: Other
Fireplace YN: Yes
Garage YN: No
Lot Size Acres: 0.45
Lot Size Dimensions: 99x199
Association YN: Yes
Association Fee: 1432
Association Fee Frequency: Annually
Capital Improvement Fee: 1379
List Price/SqFt: 177.08
Sold Price/SqFt: 180.3
Bathrooms Half: 0
Below Grade Finished Area: 0
Below Grade Unfinished Area: 0

Property Features

Listing Terms: Cash; Conventional; FHA; VA Loan Disclosures: Right of First Refusal Possession: Close Of Escrow Common Walls: No Common Walls Architectural Style: A-Frame; Chalet; Contemporary Interior Features: Bar; Wet Bar; Cathedral Ceiling(s); Other Fireplace Features: Family Room; Living Room; Gas Flooring: Carpet; Hardwood; Tile Window Features: Insulated Windows Construction Materials: Vinyl Siding Foundation Details: Slab Roof: Asphalt; Fiberglass Electric: 200+ Amp Service Cooling: Ceiling Fan(s); Central Air Heating: Forced Air; Heat Pump Water Heater: Propane Appliances: Electric Range; Refrigerator; Dishwasher; Microwave; Washer; Dryer; Water Heater Water Source: Well Sewer: Septic Tank Patio And Porch Features: Porch; Deck; Screened Parking Features: Off Street; Driveway Lot Features: Sloped; Views Road Frontage Type: Private Road Road Surface Type: Paved Road Responsibility: Private Maintained Road Water Body Type: Lake Water Body Features: Beach Association Amenities: Security; Clubhouse; ATVs Allowed; Ski Accessible; Tennis Court(s); Trash Room Types: Living Room; Kitchen; Primary Bedroom; Family Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-06-06
Listing Service: Full Service
Lease Considered YN: No

Location Tax and Legal

County: Monroe
Street Number: 125
Street Name: Hillside
Street Suffix: Terrace
City (Post Office): Pocono Lake
State: PA
Postal Code: 18347
Subdivision Name: Locust Lake Village

Remarks and Miscellaneous

Public Historical Remarks: Insulation: Sidewall Insulate, Interior Features: Contemporary, Lot Features: Slope Side, Miscellaneous: Cert of Occ Req'd No, Miscellaneous: Zoning Code R-2, Community Amenities: Lake Use Restriction
Public Remarks: Property is under contract and considering back up offers at this time. Ready to go rental business grossed over $120,000 in 2022. Sold fully furnished and potentially with future business already being booked. Looking for a great investment that you can enjoy with a large family? This Chalet was built in 2005 so its one of the newest in the area. Rental optimized in several ways. On demand hot water, gas fireplaces, rustic pine ceilings, high vaulted ceilings, futured hot tub space, efficient heating and AC system, large deck, filtered lake views, across the street from the community ski hill with ski lift. These are just a few of the ways this house will generate a solid return on your investment. Ask listing agent about DSCR loan options on this.

Status Change Information

Price Change Timestamp: 2023-07-20T22:05:18Z
Purchase Contract Date: 2023-07-31
Close Date: 2023-09-14
Close Price: 560000

More Information

Road Frontage Type

Road Frontage Length: 99
Private Road: Yes

Room Types

Living Room Level: Second
Kitchen Level: Second
Primary Bedroom Level: Third
Family Room Level: First
Living Room: Yes
Family Room: Yes
Kitchen: Yes
Primary Bedroom: Yes

Location, Tax, and Legal

Parcel Number: 19.11C.1.126
Municipality: Tobyhanna Township
High School District: Pocono Mountain
Cnty&Muni Taxes (Legacy): 1253.54
School Tax Amount: 4828.75
Tax Annual Amount: 6082.29
Tax Assessed Value: 242590
Tax Book Number: 2624/6001
Zoning Description: Residential

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Disclosures

Right of First Refusal: Yes

Possession

Close Of Escrow: Yes

Common Walls

No Common Walls: Yes

Architectural Style

A-Frame: Yes
Chalet: Yes
Contemporary: Yes

Interior Features

Bar: Yes
Wet Bar: Yes
Cathedral Ceiling(s): Yes
Other: Yes

Fireplace Features

Family Room: Yes
Living Room: Yes
Gas: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Tile: Yes

Window Features

Insulated Windows: Yes

Construction Materials

Vinyl Siding: Yes

Foundation Details

Slab: Yes

Roof

Asphalt: Yes
Fiberglass: Yes

Electric

200+ Amp Service: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Forced Air: Yes
Heat Pump: Yes

Water Heater

Propane: Yes

Appliances

Electric Range: Yes
Refrigerator: Yes
Water Heater: Yes
Dishwasher: Yes
Microwave: Yes
Washer: Yes
Dryer: Yes

Water Source

Well: Yes

Sewer

Septic Tank: Yes

Patio And Porch Features

Porch: Yes
Deck: Yes
Screened: Yes

Parking Features

Off Street: Yes
Driveway: Yes

Lot Features

Sloped: Yes
Views: Yes

Road Surface Type

Paved: Yes

Road Responsibility

Private Maintained Road: Yes

Water Body Type

Lake: Yes

Water Body Features

Beach: Yes

Association Amenities

Security: Yes
Clubhouse: Yes
ATVs Allowed: Yes
Ski Accessible: Yes
Tennis Court(s): Yes
Trash: Yes

Room Information

Room Name	Level	Length	Width	Remarks
Family Room	First	37.00	21.00	Game Room, Den
Living Room	Second	16.00	25.00
Kitchen	Second	9.00	17.00
Primary Bedroom	Third	15.00	20.00	Primary Suite

Listing Office: RE/MAX Property Specialists - Pocono Lake

Last Updated: March - 03 - 2025

Information deemed reliable but not guaranteed.

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