Sold
Last Sold Price
2 beds2,220 sqft$48/sqft
242 Lake Rd, Lake Ariel, PA 18436
Single FamilyProperty Type
0.51 acresLot Size
1992Year Built
$48/sq ftPrice per sq ft
$2,280/yrHOA Fees

Description

Quiet and peaceful is what you get here from this raised ranch with front deck. Boasts an oversized rear covered back porch to view wildlife. Heated sun room. Former garage was turned into a bonus room. Walk out lower level with family room. Shed. Shared drainfield, Beds Description: 2+Bed1st, Baths: 1 Bath Level 1, Baths: 1 Bath Level LQuiet and peaceful is what you get here from this raised ranch with front deck. Boasts an oversized rear covered back porch to view wildlife. Heated sun room. Former garage was turned into a bonus room. Walk out lower level with family room. Shed. Shared drainfield, Beds Description: 2+Bed1st, Baths: 1 Bath Level 1, Baths: 1 Bath Level L
  • Listed by: Sherrie L. Miller Brokerage DRE #RB068732 • Keller Williams Scranton Wilkes-Barre sherrie0527@gmail.com
Listing closed: 02/12/2021 12:00 AM • Source: Pike/Wayne Association of REALTORS as distributed by MLS GRID, MLS#: 202664

Recent comparable sales

Median sold price

$270,000

Avg days on market

32

Sale-to-list ratio

94.1%

Lake Ariel, PA

9 comparable properties found

$215,000 | 277 Chestnut Hill Drive, Lake Ariel, PA 18436
1/64
1

$215,000

Sold 12/15/25

2
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2,092
Square Feet
0.35
Acres
$127,500 | 311 Northgate Road, Lake Ariel, PA 18436
1/30
2

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Sold 09/02/26

2
Bedrooms
1,236
Square Feet
0.36
Acres
a living room with furniture and a flat screen tv
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3

$270,000

Sold 03/31/25

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Square Feet
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Sold 12/06/24

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Sold 08/29/25

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$177,500 | 18 Oak Lane, Lake Ariel, PA 18436
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Sold 08/27/26

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Square Feet
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a view of a house with a sink and wooden floor
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Sold 12/09/25

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a aerial view of a house with a yard and large trees
1/78
8

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Sold 10/14/25

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Square Feet
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a view of a brick house with a yard potted plants and a table
1/71
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$529,000

Sold 10/03/25

2
Bedrooms
1,486
Square Feet
0.88
Acres

Location

Listing Courtesy of Keller Williams Scranton Wilkes-Barre

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Property Information for 242 Lake Road

Property Details
  • Taxes: $3,311 / year
  • MLS Type: Residential / Single Family Residence / Single Family Residence
  • County: Wayne County
  • Architectural Style: Raised Ranch
  • Subdivision Name: Cobbs Lake Preserve
  • Waterfront Features: Non Powerboat
  • Has Waterfront: No
  • Zoning: Residential
  • Zoning Description: Residential
Building Information
  • Stories: 1
  • Year Built: 1992
  • Lot Size: 0.51 AC / 22,215 SF
Summary
Location and General Information
  • Directions: Cobbs Lake entrance follow Lake Road to #242
  • Latitude: 41.47219
  • Longitude: -75.31974
  • MLS Area Major: Lake Township
  • MLS Area Minor: Lake Township
  • Township: Lake Ariel
  • Water Body Name: Cobbs Lake Preserve
Taxes and HOA
  • Association Fee: $1,140.00
  • Secondary Association Fee: $1,140.00
  • Secondary Association Fee Frequency: One Time
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Monthly: $95.00
  • Parcel Number: 12-0-0049-0037
  • Tax Annual Amount: $3,310.92
  • Tax Assessed Value: 144100
  • Tax Book Number: R-2534/74
  • Tax Year: 2020
School Information
  • High School District: Western Wayne Area
Parking
  • Attached Garage: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Driveway, Unpaved
Property
Lot Information
  • Lot Features: Rectangular Lot, Wooded
  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Dimensions: 147x119x157x147
  • Lot Size Square Feet: 22215.6
  • Lot Size Units: Acres
  • Road Responsibility: Road Maintenance Agreement
  • Road Surface Type: Private
Property and Assessments
  • Below Grade Finished Area: 1040.0
  • Building Area Total: 2220.0
  • Living Area: 2220.0
  • New Construction: No
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1992
Building Features
  • Other Structures: Shed(s)
  • Structure Type: Single Family Residence
  • Construction Materials: Wood Siding
  • Foundation Area: 1040.0
  • Levels: One
  • Roof: Asbestos Shingle
  • Stories: 1
Utilities
  • Electric: true
  • Sewer: Mound Septic,Shared Septic
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Association Amenities: Trash
  • Community Features: Clubhouse, Lake
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch, Patio
Interior Features
  • Appliances: Dryer, Washer, Gas Range, Gas Oven, Dishwasher
  • Basement: Daylight, Walk-Out Access, Partially Finished, Full
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Electric, Propane, Hot Water
  • Has Heating: Yes
  • Has Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Features: Eat-in Kitchen
  • Total Rooms: 6
  • Room Type: Sunroom, Living Room, Laundry, Bedroom 1, Full Bathroom, Bedroom 2, Bonus Room, Family Room, Kitchen
  • Has Spa: No
Room Information
Room 1
  • Area: 136.0
  • Description: sunroom heated
  • Dimensions: 9.6 x 14.2
  • Length: 9.0
  • Level: Main
  • Type: Bonus Room
  • Width: 14.0
Room 2
  • Area: 183.0
  • Dimensions: 15 x 12.2
  • Length: 15.0
  • Level: Main
  • Type: Bedroom 1
  • Width: 12.0
Room 3
  • Area: 150.0
  • Dimensions: 12.5 x 12
  • Length: 12.0
  • Level: Main
  • Type: Bedroom 2
  • Width: 12.0
Room 4
  • Area: 413.0
  • Dimensions: 16.6 x 24.9
  • Length: 16.0
  • Level: Lower
  • Type: Family Room
  • Width: 24.0
Room 5
  • Area: 304.0
  • Description: formerly a garage, sheetrocked & painted. No heat
  • Dimensions: 12.6 x 24.2
  • Length: 12.0
  • Level: Lower
  • Type: Bonus Room
  • Width: 24.0
Room 6
  • Area: 191.0
  • Dimensions: 15.8 x 12.1
  • Length: 15.0
  • Level: Main
  • Type: Living Room
  • Width: 12.0
Room 7
  • Area: 50.0
  • Dimensions: 6.8 x 7.4
  • Length: 6.0
  • Level: Lower
  • Type: Bathroom 2
  • Width: 7.0
Room 8
  • Area: 196.0
  • Dimensions: 15.7 x 12.5
  • Length: 15.0
  • Level: Main
  • Type: Kitchen
  • Width: 12.0
Room 9
  • Area: 51.0
  • Dimensions: 6.8 x 7.5
  • Length: 6.0
  • Level: Lower
  • Type: Laundry
  • Width: 7.0
Room 10
  • Area: 63.0
  • Dimensions: 12.6 x 5
  • Length: 12.0
  • Level: Main
  • Type: Bathroom 1
  • Width: 5.0

Property History for 242 Lake Road

DateEvent & SourcePriceAppreciation
Feb 12, 2021

Closed

Greator Scranton Board of REALTORS #202805

$106,500
Feb 12, 2021

Closed

Pike/Wayne Association of REALTORS #202664

$106,500
Feb 12, 2021

Closed

Greator Scranton Board of REALTORS #20-2805

$106,500
DateEvent & SourcePrice
02/12/2021

Closed

Greator Scranton Board of REALTORS #202805

$106,500
02/12/2021

Closed

Pike/Wayne Association of REALTORS #202664

$106,500
02/12/2021

Closed

Greator Scranton Board of REALTORS #20-2805

$106,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 242 Lake Road

Taxable ValueLand$33,600Additions$192,800Total$226,400
Tax Record2026$3,775 ($315 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt2,230 SqFtAbove Grade Finished SqFt1,190 SqFtFinished Basement SqFt1,040 SqFtUnfinished Basement SqFt1,040 SqFtStories1Lot Size22,216 SqFtStyleSingle Family ResidenceYear Built1992CountyWAYNEAPN12-0-0049-0037

Schools near 242 Lake Road

This home is within Western Wayne School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Evergreen El School
PublicPK to 5

Western Wayne Middle School
Public6 to 8

Western Wayne High School
Public9 to 12

Wilson El School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 242 Lake Road, Lake Ariel, PA 18436
$106,500
2
2,220
22,215
$227,000
2
1,647
25,700
$4,500
14,810
$92,500
2
720
23,086
$25,000
3
1,285
24,393
$89,000
2
720
27,878

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Scranton Wilkes-Barre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Pike/Wayne Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Pike/Wayne Association of REALTORS®. All Rights Reserved.