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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.

Agent Description

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

2 stories
3 full
2022

Amenities

WaterfrontA/C

Monthly Cost Estimate

$9,952/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$437
HOA$1,930

Estimates only. Actual payments may vary.

Location

283 OWASSA Drive

POCONO LAKE, PA 18347

ARROWHEAD LAKES

Property Details

Construction

Vinyl Siding

Parking

Driveway

Heating

Forced Air

Cooling

Central Air

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.

MK

Michael Klein

Agent at EXP Realty, LLC

(347) 216-3311

Listed by EXP Realty, LLC

MLS# PAMR2006272· Source: listhub· Updated 2 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

283 OWASSA Drive, POCONO LAKE, PA 18347

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