Sold
Last Sold Price
30 beds18 baths6,972 sqft

2995 Long Pond Rd, Pocono Summit, PA 18346

Multi FamilyProperty Type
1.9 acresLot Size
1950Year Built
$202/sq ftPrice per sq ft
30 carsParking Spaces

Description

An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building....An incredible investment opportunity with an excellent 18-Unit property in the heart of Mt. Pocono. This unique property includes 3 parcels, available exclusively as a single sale. This property boasts a fully-occupied rental portfolio, ensuring immediate returns on your investment. On the 3 parcels are 11 detached units, one 5-unit building, one 2-unit building, and one detached home providing diverse rental options. Additional structures include a 3-car garage, and one detached Storage building. Situated on over 3.5 acres, and just seconds from the I-380 and Rt-940 intersection, it offers unparalleled access to major routes. It's just a few minutes away from Pocono Summit, Mt Pocono, the Kalahari Resort and the popular Tannersville Outlets. Don't miss out on this exceptional investment opportunity in a prime location!
  • Listed by: Dina K. Evangelou 610.972.9385 dinae@kw.com • Keller Williams Real Estate
  • Listed by: Ted Evangelou 610.435.1800 tedevangelou@kw.com • Keller Williams Real Estate
Listing closed: 09/30/2024 12:00 AM • Source: GLVRMLS, MLS#: 741122
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$339,000

Avg days on market

40

Sale-to-list ratio

95.8%

Pocono Summit, PA

9 comparable properties found

$120,000 | 129 Stillwater Drive, Pocono Summit, PA 18346
1/9
1

$120,000

Sold 09/03/26

2
Bedrooms
1,102
Square Feet
0.45
Acres
2

$65,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.72
Acres
a front view of a house with a yard
1/31
3

$339,000

Sold 12/04/25

3
Bedrooms
1,696
Square Feet
0.42
Acres
$841,000 | 5273 Holiday Drive, Pocono Summit, PA 18346
1/48
4

$841,000

Sold 12/19/25

6
Bedrooms
2,844
Square Feet
0.29
Acres
$340,000 | 3124 Fern Road, Pocono Summit, PA 18346
1/24
5

$340,000

Sold 07/23/26

3
Bedrooms
1,795
Square Feet
0.41
Acres
a front view of a house with a yard
1/52
6

$428,750

Sold 09/09/25

5
Bedrooms
2,350
Square Feet
0.34
Acres
a front view of a house with a yard and a garage
1/58
7

$255,000

Sold 09/22/25

3
Bedrooms
1,232
Square Feet
0.41
Acres
$220,000 | 6298 Laurel Road, Unit 1102, Pocono Summit, PA 18346
1/43
8

$220,000

Sold 11/07/25

3
Bedrooms
1,200
Square Feet
0.44
Acres
$384,000 | 5306 Hummingbird Drive, Pocono Summit, PA 18346
1/33
9

$384,000

Sold 07/07/26

2
Bedrooms
827
Square Feet
0.41
Acres

Location

Listing Courtesy of Keller Williams Real Estate

Sold By Keller Williams Allentown

Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$18,690 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,501

Property Taxes

$790

HOA Dues

$10,400

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 2995 Long Pond Road

Property Details

  • Taxes: $9,474 / year
  • Condo/Co-op Fees: $5,200 semi-monthly
  • MLS Type: Residential Income / Detached
  • Senior Community: No
  • Subdivision Name: Not in Development

Building Information

  • Stories: 1
  • Residences: 18
  • Year Built: 1950
  • Lot Size: 1.90 AC / 82,764 SF

Summary

Location and General Information
  • Country Subdivision: 42089
  • Directions: I-80 to I-380 North to Rt-940 East, to Long Pond Road, to 2993 Long Pond Road, Property on your left.
  • Latitude: 41.105585
  • Longitude: -75.403523
  • MLS Area Major: Tobyhanna Twp
  • Zoning: R-1- Low Density Resident
Taxes and HOA
  • Parcel Number: 19634500604870
  • Tax Annual Amount: $9,474
  • Tax Assessed Value: $339,380
School Information
  • Elementary School District: Pocono Mountain
  • High School District: Pocono Mountain
  • Middle Or Junior School District: Pocono Mountain
Parking
  • Carport: Yes
  • Parking Total: 30.0

Property

Lot Information
  • Living Area: 6972.0
  • Lot Size Acres: 1.9
  • Lot Size Area: 82764.0
  • Lot Size Square Feet: 82764.0
Property and Assessments
  • Year Built: 1950

Interior and Exterior Features

Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Yes
  • Heating: Yes
  • Stories: 1
  • Stories Total: 1

Mobile Home

Mobile Home Information
  • Human Modified: No

Multi Family

Multi Family Innformationn
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $.00
  • Gardener Expense: $4,000.00
  • Gross Income: $168,060
  • Insurance Expense: $10,000.00
  • Maintenance Expense: $5,200.00
  • Net Operating Income: $118,777
  • Operating Expense: $17,075.00
  • Other Expense: $600.00
  • Professional Management Expense: $.00
  • Trash Expense: $3,300.00
  • Water Sewer Expense: $2,775.00

Unit Information

Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Actual Rent Range: 750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: 2995 Long Pond Rd - Detached
  • Unit Type Occupant Type: Occupied
  • Unit Type Total Rent: $750.00
  • Unit Type Unit Num: 18
Unit 2
  • Unit Type Total Rent: $17.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 1.0
  • Unit Type Area Units: 2993 Long Pond Rd - Apt 101
  • Unit Type Pet Deposit Per Pet: Yes
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $3.00
  • Unit Type Num Full Baths: 1100
  • Unit Type Occupant Type: 15
Unit 5
  • Unit Type Unit Num: 2
  • Unit Type Furnished: Occupied
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
  • Unit Type Num Full Baths: 14
Unit 6
  • Unit Type Pro Forma: 1
  • Unit Type Total Rent: $2.00
  • Unit Type Unit Num: 210 Sophie Ln - Apt 101
  • Unit Type Description: Occupied
  • Unit Type Garage Spaces: 775.0
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
Unit 7
  • Unit Type Pet Deposit: $1
  • Unit Type Pet Deposit Per Pet: Yes
  • Unit Type Garage Spaces: 12.0
Unit 8
  • Unit Type Num Half Baths: 1
  • Unit Type Area Units: Occupied
  • Unit Type Description: 600.0
  • Unit Type Furnished: 11
Unit 9
  • Unit Type Month To Month: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Occupant Type: 218 Sophie Ln - Apt 103
  • Unit Type Beds Total: 675
  • Unit Type Description: 10
Unit 10
  • Unit Type Leased: Yes
  • Unit Type Lease Expires: 12-31-1969 07:00:00 PM
  • Unit Type Beds Total: 9

Property History for 2995 Long Pond Road

DateEvent & SourcePriceAppreciation
Sep 30, 2024

Closed

GLVRMLS #741122

$1,405,000—
Jul 23, 2024

Pending

GLVRMLS #741122

—
Jul 6, 2024

Listed (Active)

GLVRMLS #741122

$1,300,000—
DateEvent & SourcePrice
09/30/2024

Closed

GLVRMLS #741122

$1,405,000
07/23/2024

Pending

GLVRMLS #741122

—
07/06/2024

Listed (Active)

GLVRMLS #741122

$1,300,000

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

Public records

2995 Long Pond Road

Total Finished SqFt

1,532 SqFt

Above Grade Finished SqFt

1,532 SqFt

Stories

1

Lot Size

64,469 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1957

Schools near 2995 Long Pond Road

This home is within Pocono Mountain School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Clear Run Intermediate School
Public3 to 6

Pocono Mountain West Junior High School
Public7 to 8

Pocono Mountain West High School
Public9 to 12

Clear Run El Center
PublicK to 2

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.

Similar Homes

New listings in 18346

$279,900 | 4107 Azalea Drive, Pocono Summit, PA 18346
1/33

$279,900

3
Bedrooms
1,232
Square Feet
0.39
Acres
$369,900 | 4116 Low Ridge Road, Pocono Summit, PA 18346
1/71

$369,900

3
Bedrooms
1,600
Square Feet
0.32
Acres
$425,000 | 425 Scotch Pine Drive, Pocono Summit, PA 18346
1/56

$425,000

4
Bedrooms
2,400
Square Feet
0.27
Acres
$410,000 | 1123 Chickadee Drive, Pocono Summit, PA 18346
1/29

$410,000

4
Bedrooms
2,156
Square Feet
0.93
Acres
$699,000 | 115 Deer Path Lane, Pocono Summit, PA 18346
1/42

$699,000

4
Bedrooms
2,975
Square Feet
1
Acres
a front view of house with yard and green space
1/12

$202,000

3
Bedrooms
1,058
Square Feet
0.37
Acres
$759,000 | 211 Nadine Boulevard, Pocono Summit, PA 18346
1/71

$759,000

3
Bedrooms
2,052
Square Feet
0.27
Acres
a front view of a house with a garden
1/40

$289,000

2
Bedrooms
1,100
Square Feet
0.51
Acres
$144,900 | 5211 Fir Lane, Pocono Summit, PA 18346
1/38
Virtual Tour

$144,900

3
Bedrooms
928
Square Feet
0.36
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2995 Long Pond Road, Pocono Summit, PA 18346
$1,405,000
30
18
6,972
82,764
–
–
–
2,660
28,750
–
2
1
1,149
20,038
–
–
1
1,320
21,344
$110,000
–
–
–
175,982
$134,535
3
1,652
60,984

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 Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.