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$589,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,797 Sq. Ft.
  • 2 Car Garage
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Escape to your own private retreat with this sprawling 5-bedroom, 2.5-bath custom home set on 18+ picturesque acres in Lakewood! Featuring an inviting open floor plan, this home offers a large living room with a cozy pellet stove fireplace, a formal dining area, and a spacious eat-in kitchen with a center island--perfect for entertaining. Enjoy the warmth of the sunroom or relax in the main floor primary suite complete with hardwood floors and a full bath. Four additional bedrooms provide plenty of space for family and guests. The massive lower-level recreation room is ideal for game nights or movie marathons, while the wraparound porch with a built-in gazebo area sets the scene for evenings by the fire. An attached 2-car garage and large shed offer ample storage for all your gear. Adventure awaits just outside your door--18+ mostly wooded acres perfect for hunting or ATV riding, and the O&W Rail-Trail right across the street offers 30+ miles of hiking, biking, horseback, and snowmobile trails. Located only 30 minutes to Elk Mountain, 35 minutes to Honesdale, and 10 minutes to the Delaware River, this property truly has something for everyone--whether you're seeking a full-time residence or the ultimate recreation getaway!

Full Property Details for 223 Rainbow Rd

General

  • Price: $589,000
  • Taxes: $7,399
  • Status: Active
  • Type: Single Family
  • Source: 2103
  • MLS ID: PW253495
  • Updated: 4/2/2026
  • Added to Site: 230 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Eat-in Kitchen, Smart Thermostat, Pantry, Open Floorplan, Kitchen Island
  • Fireplace: Yes
  • Fireplace(s): Living Room, Pellet Stove
  • Appliances: Dishwasher, Microwave, Washer, Electric Oven, Electric Cooktop, Dryer
  • Laundry Facilities: Yes
  • Flooring: Carpet, Tile, Laminate, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Room, Sink, Main Level

Additional Information

  • Security/Safety: Security System

Exterior

  • Porch/Patio/Deck: Porch, Wrap Around

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Paved, Driveway

Location

  • County: Wayne
  • Subdivision: None
  • Driving Directions: From Honesdale: Take N Main St to Left onto Route 670 N. Continue 9 miles. Right onto PA-247 and continue for 7 miles. Slight left onto Rock Lake Road. In 4 miles turn right onto S Preston Road. Right onto 370 E. In 1.5 miles turn left onto Rainbow Road. Home on right.

School Information

  • High School District: Wayne Highlands

Heating & Cooling

  • Cooling Type: Ceiling Fan(s)
  • Heating Type: Baseboard, Oil, Pellet Stove, Hot Water

Utilities

  • Electric Available: Yes
  • Sewer: On Site Septic
  • Water: Well

Structural Information

  • Architectural Style: Cape Cod
  • Detached/Attached: Detached
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Stories/Levels: 2
  • Square Feet: 3,797
  • Living Area: 3,797 Sq. Ft.
  • Current Bldg. Use: Single Family
  • Year Built: 1996

Additional Structures

  • Other Structures: Gazebo, Shed(s)

Lot Features

  • Property View: Neighborhood, Trees/Woods, Rural
  • Lot Size (Acres): 18.73
  • Frontage: City Street
  • Road Maintenance: Public Maintained Road
  • Lot Features: Back Yard, Wooded, Not In Development, Front Yard
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $7,399.95

Disclosures and Reports

  • Property ID: 20-0-0142-0038

Listed by Iron Valley R E Innovate

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— 223 Rainbow Rd —

  • Iron Valley R E Innovate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 223 Rainbow Rd

School District:Wayne Highlands School District
NameGradesDistance
Honesdale High School
459 Terrace Street, Honesdale, PA 18431
9-1222.1 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 223 Rainbow Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Price Reduced
$589,000
-1.67%
MLS
1/13/2026
Price Reduced
$599,000
-4.16%
MLS
10/31/2025
Price Reduced
$625,000
-3.7%
MLS
10/15/2025
Listed
$649,000
131.79%
MLS
3/22/2010
Sold
$280,000
—
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 223 Rainbow Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,400
3%
$418,100
—
2025
$7,215
5%
$418,100
—
2024
$6,896
-29%
$418,100
—
2023
$9,662
30%
$418,100
45%
2022
$7,435
3%
$289,300
—
2021
$7,187
—
$289,300
—
2020
$7,187
7%
$289,300
—
2019
$6,727
4%
$289,300
—
2018
$6,483
4%
$289,300
—
2017
$6,241
2%
$289,300
—
2016
$6,130
3%
$289,300
—
2015
$5,968
4%
$289,300
1%
2014
$5,761
—
$285,700
—
2013
$5,761
—
$285,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 223 Rainbow Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Iron Valley R E Innovate

223 Rainbow Road, Lakewood, PA 18439 (MLS# PW253495) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 223 Rainbow Road is currently listed for $589,000 and was received on October 15, 2025. Want to learn more about 223 Rainbow Road? Do you have questions about finding other Single Family real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.

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