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$399,900

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,581 Sq. Ft.
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Nestled on a desirable corner lot in the amenity-filled Masthope Mountain Community, this inviting 2-bedroom, 2-bath chalet is the perfect year-round getaway, full-time residence, or income-producing short-term rental opportunity. Just a short walk to the community beach, you'll love the convenience of enjoying lake days without ever needing to get in the car.Inside, the open floor plan creates a warm and welcoming atmosphere, with a spacious loft overlooking the main living area--perfect for additional sleeping space, a home office, or game room. Newly installed ductless HVAC units provide efficient heating and air conditioning for year-round comfort.Step outside onto the expansive new rear deck, ideal for morning coffee, outdoor dining, or relaxing after a day of adventure. Gather around the firepit under the stars, while the high crawlspace provides valuable storage for kayaks, seasonal gear, and outdoor equipment.Whether you're looking for a peaceful mountain retreat or an investment property with excellent short-term rental potential, this home offers the best of both worlds. Masthope is a true four-season destination, offering a motorboating lake with a sandy beach, ATV trails, Delaware River access, Ski Big Bear, horseback riding, a fitness center, hiking trails, two outdoor pools complete with a tiki bar, The Summit Restaurant & Bar, and The Marketplace featuring a Boar's Head(r) deli and everyday sundries--making it easy to enjoy resort living without ever leaving the community.From summer days on the lake to winter weekends on the slopes, this is your opportunity to own a mountain escape where adventure, relaxation, and investment potential come together in one exceptional property.

Full Property Details for 107 Rainbow Dr

General

  • Price: $399,900
  • HOA FEE: $212/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,141
  • Status: Active
  • Type: Single Family
  • Source: 2103
  • MLS ID: PW262456
  • Updated: 8/4/2026
  • Added to Site: 42 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Cathedral Ceiling(s), Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Living Room, Wood Burning, Masonry
  • Appliances: Dishwasher, Washer, Refrigerator, Electric Range, Dryer
  • Flooring: Carpet, Tile, Laminate, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Amenities: Clubhouse, Stable(s), Tennis Court(s), Pool, Restaurant, Playground, Lake, Fitness Center, Fishing
  • Shared Amenities: Basketball Court, Trash, Security, Pond Year Round, Pool, Playground, Game Room, Fitness Center, Dog Park, Clubhouse, Beach Rights, Beach Access
  • Security/Safety: 24 Hour Security

Exterior

  • Exterior Features: Fire Pit, Storage
  • Porch/Patio/Deck: Deck, Patio

Parking

  • Parking Features: Driveway, Off Street

Location

  • County: Pike
  • Subdivision: Masthope
  • Driving Directions: From Westcolang Road, turn onto Falling Waters Blvd. Left onto East Lakeview Road, Right onto Maple Leaf Road, Right onto Rainbow Drive.

School Information

  • High School District: Wallenpaupack School District

Community

  • Association: Yes
  • Assoc. Fees Include: Security, Trash

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Ductless
  • Heating Type: Baseboard, Ductless, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Comm Central

Structural Information

  • Architectural Style: Chalet
  • Detached/Attached: Detached
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Stories/Levels: 2
  • Square Feet: 1,581
  • Living Area: 1,581 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1988

Lot Features

  • Lot Size (Acres): 0.58
  • Frontage: Private Road
  • Lot Features: Corner Lot, Level

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $2,541
  • Assoc Fee Freq.: Annually
  • Other Fee Type: Association Fee 2
  • Tax Amount: $3,141.39

Disclosures and Reports

  • Property ID: 013.03-04-48 103714

Listed by CENTURY 21 Country Lake Homes - Lords Valley

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— 107 Rainbow Dr —

  • CENTURY 21 Country Lake Homes - Lords Valley

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 107 Rainbow Dr

School District:Wallenpaupack Area School District
NameGradesDistance
Wallenpaupack Pri School
158 Atlantic Avenue, Hawley, PA 18428
K-27.5 mi
Wallenpaupack North Intrmd School
187 Atlantic Avenue, Hawley, PA 18428
3-57.7 mi
Wallenpaupack Area Middle School
139 Atlantic Avenue, Hawley, PA 18428
6-87.7 mi
Wallenpaupack Area High School
2552 Route 6, Hawley, PA 18428
9-128.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 107 Rainbow Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/19/2026
Listed
$399,900
13.45%
MLS
4/29/2025
Sold
$352,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 107 Rainbow Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,982
7%
$23,760
—
2024
$2,775
2%
$23,760
—
2023
$2,727
4%
$23,760
—
2022
$2,620
3%
$23,760
—
2021
$2,542
—
$23,760
—
2020
$2,542
—
$23,760
—
2019
$2,542
2%
$23,760
—
2018
$2,503
100%
$23,760
—
2016
—
$23,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by CENTURY 21 Country Lake Homes - Lords Valley

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107 Rainbow Drive, Lackawaxen, PA 18435 (MLS# PW262456) is a Single Family property with 2 bedrooms and 2 full bathrooms. 107 Rainbow Drive is currently listed for $399,900 and was received on July 19, 2026. Want to learn more about 107 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Lackawaxen? You can browse all Lackawaxen real estate or contact a Coldwell Banker agent to request more information.

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