$3,500,000
Tafton, PA 18464
MLS# PM-143202
9054 sqft
1 / 68
Property Description
EXCEPTIONAL OPPORTUNITIES LIKE THIS ARE EXTRAORDINARILY RARE. Nestled between the pristine waters of Lake Wallenpaupack & the natural beauty of Promised Land State Park, Martin's Lakefront Cottages offers a ONE-OF-A-KIND LAKEFRONT INVESTMENT w/ exceptional income, lifestyle, & future development potential. Spanning MORE THAN 2.3 ACRES w/ approximately 270ft of shoreline on scenic Fairview Lake, the property features 10 charming rental cottages, each w/ its OWN PRIVATE BOAT, along w/ five docks, a swimming platform, & public water/sewer service. A beloved Pocono destination for generations, Martin's has built a loyal following of repeat guests & offers the opportunity to continue a successful seasonal rental business from day one. Ideally located under 2hrs from both NYC & Philadelphia, the property is equally suited as a private family compound, corporate or recreational retreat, boutique hospitality investment, or future redevelopment opportunity. Subject to applicable approvals, the site also offers the potential for 3 exceptional lakefront homesites. Fairview Lake, recognized by Outdoor Life as one of the Poconos' premier bass fishing lakes, adds to the property's exceptional recreational appeal. Opportunities combining this amount of waterfront, acreage, existing income, public utilities, & future flexibility are exceptionally uncommon. A TRULY UNIQUE OPPORTUNITY!
Details
Maps
Contract Information
Property Attached YN: Yes
Rent Control YN: No
Listing Service: Full Service
Lease Considered YN: No
Subsurface Rights YN: No
Property Sub Type: Mixed Use
List Price: $3,500,000
Current Price: $3,500,000
Status: Active
Listing Contract Date: 2026-07-20
Location, Tax, and Legal
Parcel Number: 056.01-01-48 106667
Municipality: Palmyra Township
High School District: Wallenpaupack Area
County Tax Amount: 4641.86
Municipal Tax Amount: 812.62
School Tax Amount: 14672.43
Tax Annual Amount: 20458.59
Tax Assessed Value: 165840
Tax Year: 2026
Tax Book Number: 2828
Tax Page Number: 1085
Deed Recording Date: 2026-05-18
Tax Legal Description: 0.69 Ac 2 Cottages
Additional Parcels YN: Yes
Additional Parcels Description: 056.01-01-47 071202 & 056.01-01-48.001 012548
Zoning Description: Commercial
FEMA Zone: X
Common Interest: None
Land Lease YN: No
General Property Information
Above Grade Finished Area: 7582
Below Grade Finished Area: 0
Building Area Source: Public Records
Stories: 2
Stories Total: 2
Number Of Buildings: 10
Direction Faces: Northeast
Year Built Source: Public Records
Year Built Details: The 2 original homes were built in 1901 whereras the 8 additional cabins were built in 1950.
Green Features YN: No
Basement YN: No
Power Production/Storage YN: No
Garage YN: No
Carport YN: Yes
Carport Spaces: 2
Open Parking YN: Yes
Open Parking Spaces: 15
Parking Total: 17
Lot Size Acres: 2.32
Water Body Access YN: Yes
Water Body Restrictions YN: No
Water Body Name: Fairview Lake
Waterfront YN: Yes
Sign On Property YN: No
List Price/SqFt: 386.57
Building Area Total: 9054
Year Built: 1901
Currently Not Used
Number Of Units Total: 10
Building Name: Martin's Lakeside Cottages
Remarks and Miscellaneous
Public Remarks: EXCEPTIONAL OPPORTUNITIES LIKE THIS ARE EXTRAORDINARILY RARE. Nestled between the pristine waters of Lake Wallenpaupack & the natural beauty of Promised Land State Park, Martin's Lakefront Cottages offers a ONE-OF-A-KIND LAKEFRONT INVESTMENT w/ exceptional income, lifestyle, & future development potential. Spanning MORE THAN 2.3 ACRES w/ approximately 270ft of shoreline on scenic Fairview Lake, the property features 10 charming rental cottages, each w/ its OWN PRIVATE BOAT, along w/ five docks, a swimming platform, & public water/sewer service. A beloved Pocono destination for generations, Martin's has built a loyal following of repeat guests & offers the opportunity to continue a successful seasonal rental business from day one. Ideally located under 2hrs from both NYC & Philadelphia, the property is equally suited as a private family compound, corporate or recreational retreat, boutique hospitality investment, or future redevelopment opportunity. Subject to applicable approvals, the site also offers the potential for 3 exceptional lakefront homesites. Fairview Lake, recognized by Outdoor Life as one of the Poconos' premier bass fishing lakes, adds to the property's exceptional recreational appeal. Opportunities combining this amount of waterfront, acreage, existing income, public utilities, & future flexibility are exceptionally uncommon. A TRULY UNIQUE OPPORTUNITY!
Inclusions: Each cabin's appliances, 10 boats, 5 Docks and 1 swimming platform
Exclusions: kayaks & rafts
Unit Details
Number Of Units Leased: 10
Business Type
Bed & Breakfast: 1
Hospitality: 1
Hotel/Motel: 1
Camp Ground: 1
Marina: 1
Recreation: 1
Rental: 1
Residential: 1
Special Licenses
None: 1
Special Listing Conditions
Standard: 1
Trust: 1
Listing Terms
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing Lease Type
Gross: 1
Owner Pays
All Utilities: 1
Electricity: 1
Water: 1
Hot Water: 1
Sewer: 1
Insurance: 1
Taxes: 1
Exterior Maintenance: 1
Roof Maintenance: 1
Repairs: 1
Grounds Care: 1
Janitorial Service: 1
Trash Collection: 1
Tenant Pays
None: 1
Income Includes
Rent Only: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Possession
Close Of Escrow: 1
Negotiable: 1
Structure Type
Hotel/Motel: 1
Other: 1
Current Use
Residential: 1
Commercial: 1
Recreational: 1
See Remarks: 1
Possible Use
Residential: 1
Commercial: 1
Recreational: 1
Development: 1
Investment: 1
See Remarks: 1
Property Condition
Updated/Remodeled: 1
Year Built Effective: 1901
Building Features
Established Business: 1
Turnkey Operations: 1
High Traffic Area: 1
Prime Location: 1
Expressway Location: 1
Equipment Included: 1
Furniture Included: 1
Inventory Included: 1
Separate Utilities: 1
Other: 1
See Remarks: 1
Rail Road Track
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Combination: 1
Hardwood: 1
Linoleum: 1
Tile: 1
Vinyl: 1
Wood: 1
Varies: 1
See Remarks: 1
Construction Materials
Wood Siding: 1
Frame: 1
Basement
Dirt Floor: 1
Crawl Space: 1
Foundation Details
Block: 1
Stone: 1
Roof
Metal: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Cooling
Ceiling Fan(s): 1
Heating
Baseboard: 1
Fireplace(s): 1
Forced Air: 1
Heat Pump: 1
Electric: 1
Propane: 1
Water Heater
Electric: 1
Security Features
Smoke Detector(s): 1
Water Source
Public: 1
Well: 1
Sewer
Public Sewer: 1
Meter Information
Number Of Separate Electric Meters: 10
Number Of Separate Water Meters: 3
Exterior Features
Playground: 1
Fire Pit: 1
Lighting: 1
Storage: 1
Other: 1
Parking Features
On Site: 1
Off Street: 1
Driveway: 1
Gravel: 1
Other: 1
See Remarks: 1
Lot Features
Level: 1
Split Possible: 1
Cleared: 1
Wooded: 1
See Remarks: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Water Body View
Yes: 1
Water Body Type
Lake: 1
Water Body Features
Fishing: 1
Boating: 1
Boat Dock: 1
Powered Boats Allowed: 1
Water Body Access Type
Owned: 1
Water Body Information
Water Frontage Length Owned: 279
Location Tax and Legal
County: Pike
Street Number: 271
Street Name: Route 390
City (Post Office): Tafton
State: PA
Postal Code: 18464
Subdivision Name: None
Property Features
Special Listing Conditions: Standard; Trust
Listing Terms: Cash; Conventional; 1031 Exchange
Existing Lease Type: Gross
Owner Pays: All Utilities; Electricity; Water; Hot Water; Sewer; Insurance; Taxes; Exterior Maintenance; Roof Maintenance; Repairs; Grounds Care; Janitorial Service; Trash Collection
Tenant Pays: None
Income Includes: Rent Only
Possession: Close Of Escrow; Negotiable
Structure Type: Hotel/Motel; Other
Current Use: Commercial; Recreational; Residential; See Remarks
Possible Use: Commercial; Recreational; Residential; Development; Investment; See Remarks
Business Type: Bed & Breakfast; Hospitality; Hotel/Motel; Camp Ground; Marina; Recreation; Rental; Residential
Special Licenses: None
Property Condition: Updated/Remodeled
Building Features: Established Business; Turnkey Operations; High Traffic Area; Prime Location; Expressway Location; Equipment Included; Furniture Included; Inventory Included; Separate Utilities; Other; See Remarks
Rail Road Track: None
Flooring: Carpet; Ceramic Tile; Combination; Hardwood; Linoleum; Tile; Vinyl; Wood; Varies; See Remarks
Construction Materials: Wood Siding; Frame
Basement: Dirt Floor; Crawl Space
Foundation Details: Block; Stone
Roof: Metal
Electric: 100 Amp Service; Circuit Breakers
Cooling: Ceiling Fan(s)
Heating: Baseboard; Fireplace(s); Forced Air; Heat Pump; Electric; Propane
Security Features: Smoke Detector(s)
Water Source: Public; Well
Sewer: Public Sewer
Exterior Features: Playground; Fire Pit; Lighting; Storage; Other
Parking Features: On Site; Off Street; Driveway; Gravel; Other; See Remarks
Lot Features: Level; Split Possible; Cleared; Wooded; See Remarks
Road Frontage Type: State Road
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Water Body View: Yes
Water Body Type: Lake
Water Body Features: Fishing; Boating; Boat Dock; Powered Boats Allowed
Water Body Access Type: Owned
Listing Office: Keller Williams Real Estate - Stroudsburg 803 Main
Last Updated: July - 21 - 2026
Information deemed reliable but not guaranteed.