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$421,000
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Property Description
OFFER ACCEPTED .... BACK UP OFFERS ARE WELCOME!! 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.
Full Property Details
Full Property Details for 313 Monarch Way
General
- Sold For: $421,000
- HOA FEE: $144/month
- HOA FEE FREQ.: Annually
- Taxes: $3,746 (2025)
- Status: Closed
- Type: Single Family
- Source: 2102
- MLS ID: PM-143112
- Added to Site: 88 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Eat-in Kitchen, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Propane
- Appliances: Electric Oven, Electric Range, Refrigerator, Dishwasher, Exhaust Fan, Microwave, Washer, Dryer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Clubhouse, Picnic Area, Playground, Tennis Court(s), Basketball Court
- Spa: Yes
- Spa Description: Outdoor
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Barbecue, Gas Grill, Fire Pit
- Porch/Patio/Deck: Front Porch, Side Porch, Deck, Enclosed
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 5
- Parking: 5
Location
- County: Monroe
- Subdivision: Locust Lake Village
Community
- Community Features: Clubhouse, Picnic Area, Playground, Tennis Court(s), Basketball Court
- Association: Yes
- Assoc. Fees Include: Maintenance Road
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Baseboard, Ductless
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Other
Structural Information
- Architectural Style: Chalet
- Exterior Const.: T1-11
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,351
- Sq. Ft. Source: Public Records
- Living Area: 1,351 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,602
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,733
- Assoc Fee Freq.: Annually
- Tax Amount: $3,746.21
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 524 Sec E Iv
- Inclusions: All Furnishings
- APN: 19.12E.1.56
Listed and Sold by exp Realty, LLC - Philadelphia, Lorena Alvarez
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Schools
Schools serving 313 Monarch Way
School District:Pocono Mountain School District
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 313 Monarch Way
Date
Details
Price
Change
Source
9/08/2026
Sold
$421,000
-0.94%
MLS
7/16/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
313 Monarch Way, Pocono Lake, PA 18347 (MLS# PM-143112) is a Single Family property that was sold at $421,000 on September 08, 2026. Want to learn more about 313 Monarch Way? Do you have questions about finding other Single Family real estate for sale in Pocono Lake? You can browse all Pocono Lake real estate or contact a Coldwell Banker agent to request more information.

