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About This Home
This 5-bedroom, 3-bathroom single family at 283 OWASSA Drive in POCONO LAKE, PA is listed for $1,499,900 ($439 per sqft). Built in 2022, the home offers 3,420 sqft of living space on a N/A lot.
Welcome to Sunset Horizon, a fully amenitized, newer construction, turnkey lakefront retreat in the highly sought-after and STR-friendly Arrowhead Lakes community-a rare combination of prime location, guest experience, and income potential. This true lakefront property delivers the full waterfront lifestyle, featuring unforgettable views and a stro
ng amenity package, plus an additional 600+ sq ft unfinished space currently being completed, offering a blank canvas for future value-add features. Set yourself apart from the competition with premium outdoor features including private lake access, an expansive deck overlooking the water, a hot tub with lake views, fire pit for year-round enjoyment, and covered outdoor dining-all designed to enhance guest experience and drive bookings.
Spanning approximately 3,400 sq ft, the home offers 5 bedrooms and two oversized bonus rooms, providing ample space for large groups, events, and high-revenue stays. Originally designed by an owner/architect with both experience and revenue in mind, the home features a bright, open-concept layout with vaulted ceilings and panoramic lake views, creating a warm yet elevated mountain-lake aesthetic.
The spacious living and dining areas are ideal for entertaining, while the fully equipped kitchen easily accommodates large gatherings. Flexible sleeping arrangements-including king suites, a bunk room, and additional guest rooms-maximize occupancy and booking versatility.
This property features two large bonus spaces, designed to keep guests engaged year-round. The lower level includes a fully equipped game room, a major driver for family and group bookings. An additional space-currently being converted from the garage-offers the opportunity to create custom, high-impact amenities such as an indoor pool, private theater, or wellness space, allowing you to further increase revenue potential.
Located within Arrowhead Lakes, guests enjoy access to 3 community pools, 4 beaches, tennis, basketball and volleyball courts, a playground, lodge, and fitness center, enhancing the overall guest experience and booking appeal. Whether you're seeking a cash-flowing investment, a hybrid vacation home, or a lifestyle property that delivers both enjoyment and returns, this lakefront retreat checks every box.
Lakefront properties with this level of size, amenities, and income potential rarely come to market-don't miss the opportunity to own a true top-performing asset in the Poconos.
Key Features
- Built in 2022
- 2 stories
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$9,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
283 OWASSA Drive
POCONO LAKE, PA 18347
ARROWHEAD LAKES
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom single family at 283 OWASSA Drive is listed at $1,499,900 ($439/sqft). The estimated monthly payment is $8,430 based on 20% down at 6.5% interest.
HOA fees are $1930/month.
Key features include: Built in 2022, 2 stories, Waterfront.
This property is listed by Michael Klein and can be reached at 3472163311 or michael@strpocono.com.





































































