1284 Hamlin Highway
Lake Ariel, PA, 18436 $ 1,650,000
Baths0.0 Monthly Estimate*
$ 10,966
Studio
for $1,650,000. This building was built in 1943 on a lot size of 42.51.
Presenting Lake Genero Resort, an exceptional 42+-acre property with a thriving business, a private 7 acre lake strategically situated in the scenic northeast region of the Pocono Mountains, less than 3 miles to Lake Wallenpaupack and directly across from the premier gold star ''Hideout'' community. This versatile estate not only offers a picturesque campground and special events venue but also comes with the exciting opportunity to own and operate your own resort and event business. Immerse yourself in the tranquility of the private 7-acre spring fed lake for swimming, fishing, camping, glamping, kayaking, large open field and more. Outdoor enthusiasts will appreciate amenities such as a volleyball court, horseshoe pit, swing sets, and more, all set amidst the stunning Pocono landscape. The expansive 36' x 90' pavilion serves as the centerpiece for hosting large parties, weddings, reunions, team-building outings, graduation celebrations, showers, art classes, and various events. Beyond its scenic charm, this property boasts significant business potential, inviting entrepreneurs to explore opportunities in managing a resort, camping area, and special events venue. As an added bonus, the property includes original rustic cabins, presenting a unique restoration project for those looking to infuse historic charm into their business. Cabins are in disrepair.
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FeaturesGeneralSewer On Site Septic
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Exterior Features Other
Zoning Commercial
Year Built 1943
Electric 200+ Amp Service
Stories 1
Property SubType Unimproved Land
Tax Year 2023
Current Use Commercial Recreational
Business Type Food & Beverage Camp Ground Recreation
Waterfront Features Lake Front
Community Features Lake
Business Name Lake Genero LLCTailgaters LLC
County Wayne
Property Type Commercial Sale
Subdivision Name None
Possible Use Commercial Recreational Mixed Use Investment
Building Features Established Business Prime Location
Status Active
Directions From Hamlin Route 590 E property on right across from The Hideout
City Lake Ariel
Body of Water None
High School District Western Wayne Area
Zoning Description Commercial
Street Name Hamlin
Year Built Details Cabins were started in 1940's-1079's
Tax Annual Amount 8043.12
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 156
Structure Type Cabin Mixed Use
Standard Status Active
Tax Assessed Value 525900
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ExteriorParking Features Parking Lot RV Access/Parking
Lot Features Cleared Wooded Waterfront
Water Source Well
Building Area Total 0
Lot Size Acres 42.51
Road Surface Type Asphalt
Frontage Type Lakefront
Road Frontage Type State Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $10,966
- Monthly Property Taxes
- $670
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lake Ariel, PA
Average List Price $700,000
Percent of Sale Price 58%
About Lake Ariel, PA 14,337 Population
21% Since 2002
$ 53,411 Median Income
50.81 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4283103 Elementary School
4283102 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/12/2023 | $1,650,000 | | Listed Price |