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For sale
    • Price cut: $26K (1/13)
    $599,000

    223 Rainbow Rd, Lakewood, PA 18439

    5beds
    3,797sqft
    : 
    Single Family Residence
    Built in 1996
    18.73 Acres Lot
    $564,300 Zestimate®
    $158/sqft
    $-- HOA

    What's special

    Built-in gazebo areaMassive lower-level recreation roomMain floor primary suiteWraparound porchCenter islandInviting open floor planCozy pellet stove fireplace
    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!
    152 days
    |
    2,370
    |
    128
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: February 24, 2026 at 12:03pm

    Listed by:

    Trudessa Batzel 570-616-2090,

    Iron Valley R E Innovate 570-390-1500

    Source: PWAR as distributed by MLS GRID,MLS#: PW253495MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Area: 224
      • Dimensions: 16 x 14
      Bedroom 2
      • Area: 126
      • Dimensions: 12 x 10.5
      Bedroom 3
      • Area: 320
      • Dimensions: 20 x 16
      Bedroom 4
      • Area: 168
      • Dimensions: 16 x 10.5
      Bedroom 5
      • Area: 142.5
      • Dimensions: 15 x 9.5
      Primary bathroom
      • Area: 106.25
      • Dimensions: 12.5 x 8.5
      Bathroom 1
      • Description: 1/2 Bath
      • Area: 30
      • Dimensions: 6 x 5
      Bathroom 3
      • Description: Double Sink
      • Area: 96
      • Dimensions: 12 x 8
      Dining room
      • Area: 126.5
      • Dimensions: 11.5 x 11
      Eating area
      • Description: Breakfast Nook
      • Area: 90
      • Dimensions: 12 x 7.5
      Family room
      • Area: 2025
      • Dimensions: 45 x 45
      Other
      • Description: Sunroom
      • Area: 184.5
      • Dimensions: 20.5 x 9
      Kitchen
      • Description: Island
      • Area: 144
      • Dimensions: 12 x 12
      Laundry
      • Description: Mudroom w/ Sink
      • Area: 68.75
      • Dimensions: 12.5 x 5.5
      Living room
      • Description: Pellet Stove
      • Area: 378
      • Dimensions: 21 x 18
      Heating
      • Baseboard, Oil, Pellet Stove, Hot Water
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Washer, Electric Oven, Electric Cooktop, Dryer
      • Laundry: Laundry Room
      Features
      • Eat-in Kitchen, Smart Thermostat, Pantry, Open Floorplan, Kitchen Island
      • Flooring: Carpet, Tile, Laminate, Hardwood
      • Basement: Finished,Full
      • Has fireplace: Yes
      • Fireplace features: Living Room, Pellet Stove
      Interior area
      • Total structure area: 3,797
      • Total interior livable area: 3,797 sqft
      • Finished area above ground: 2,392
      • Finished area below ground: 1,405
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      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Paved, Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch, Wrap Around
      • Has view: Yes
      • View description: Neighborhood, Trees/Woods, Rural
      • Body of water: None
      Lot
      • Size: 18.73 Acres
      • Features: Back Yard, Wooded, Front Yard
      Details
      • Additional structures: Gazebo, Shed(s)
      • Parcel number: 20001420038
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Electric: 200 or Less Amp Service
      • Water: Well

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Lakewood

      Financial & listing details

      • Price per square foot: $158/sqft
      • Tax assessed value: $418,100
      • Annual tax amount: $7,399
      • Date on market: 10/17/2025
      • Cumulative days on market: 155 days
      • Listing terms: Cash,Conventional
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        Estimated market value

        $564,300

        $536,000 - $593,000

        $3,165/mo

        Price history

        Price history
        DateEventPrice
        1/13/2026Price change$599,000-4.2%$158/sqft
        Source: PWAR as distributed by MLS GRID #PW253495 Report a problem
        10/31/2025Price change$625,000-3.7%$165/sqft
        Source: PWAR as distributed by MLS GRID #PW253495 Report a problem
        10/17/2025Listed for sale$649,000-6.6%$171/sqft
        Source: PWAR as distributed by MLS GRID #PW253495 Report a problem
        10/3/2025Listing removed$695,000$183/sqft
        Source: GSBR as distributed by MLS GRID #SC251446 Report a problem
        4/3/2025Listed for sale$695,000+148.2%$183/sqft
        Source: GSBR as distributed by MLS GRID #SC251446 Report a problem
        3/24/2010Sold$280,000$74/sqft
        Source: GSBR as distributed by MLS GRID #093891 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$7,114 +3.2%$418,100
        2024$6,896 $418,100
        2023$6,896 -5%$418,100 +44.5%
        2022$7,257 +1%$289,300
        2021$7,187 $289,300
        2020$7,187 +4.2%$289,300
        2019$6,898 +6.4%$289,300
        2018$6,483 +330.1%$289,300
        2017$1,507 $289,300
        2016-- $289,300 +1.3%
        2014-- $285,700
        2013-- $285,700
        2012-- $285,700
        2011-- $285,700
        2010-- $285,700
        2007-- $285,700

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,509/mo
        Principal & interest
        $2880
        Property taxes
        $629
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          Climate risks

          Neighborhood: 18439

          Getting around

          0 / 100
          Car-Dependent
          6 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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