For sale

$575,000

Est. $3,832/mo —

•

3,797

sq ft

223 Rainbow Rd, Lakewood, PA 18439

About this home

Escape to your own private retreat with this sprawling 5-bedroom, 2.5-bath custom home set on 18+ picturesque acres in Lakewood! Featuring an inviting open floor plan, this home offers a large living room with a cozy pellet stove fireplace, a formal dining area, and a spacious eat-in kitchen with a center island--perfect for entertaining. Enjoy the warmth of the sunroom or relax in the main floor primary suite complete with hardwood floors and a full bath. Four additional bedrooms provide plenty of space for family and guests. The massive lower-level recreation room is ideal for game nights or movie marathons, while the wraparound porch with a built-in gazebo area sets the scene for evenings by the fire. An attached 2-car garage and large shed offer ample storage for all your gear. Adventure awaits just outside your door--18+ mostly wooded acres perfect for hunting or ATV riding, and the O & W Rail-Trail right across the street offers 30+ miles of hiking, biking, horseback, and snowmobile trails. Located only 30 minutes to Elk Mountain, 35 minutes to Honesdale, and 10 minutes to the Delaware River, this property truly has something for everyone--whether you're seeking a full-time residence or the ultimate recreation getaway!

Single-familyProperty Type

1996Year Built

18.73 acresLot Size

$151Price/Sq.Ft.

2 car garageParking

Listed by Trudessa Batzel • Iron Valley R E Innovate

Listing updated: Aug 3, 2026 at 09:20am

Redfin checked: 2 minutes ago

•Source:PWMLS #PW253495

Payment calculator

$3,832 per month

Principal and interest$3,057

Property taxes

$617

HOA dues

Home insurance

$158

Utilities

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Affordability tools

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Open houses

No upcoming open houses.

Nearby open houses (2)

Around this home

Schools

K - 12
Preschool & daycare

Preston School

Public K-8 • Assigned • 1.2mi

6/10

Honesdale High School

Public 9-12 • Assigned • 22.1mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

223 Rainbow Rd · $575,000

Strong offer

$568K and above

75% chance or better to win

Why $568K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 40 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Eat-in kitchen
Smart thermostat
Pantry
Open floor plan
Kitchen island
Finished full basement
Pellet stove in living room
Fireplace

Bedrooms
Total rooms: 9

Bathrooms
2 full bathrooms
1 half bathroom

Kitchen
Dishwasher
Microwave
Electric oven
Electric cooktop

Laundry & utility
Washer
Dryer
Laundry room with sink on main level

Flooring
Carpet
Tile
Laminate
Hardwood

Heating & cooling
Baseboard heating
Oil heating
Hot water heating
Pellet stove heating
Ceiling fan(s)

Sale and tax history for 223 Rainbow Rd

Sale History
Tax History

Date

Event

Price

PWMLS #PW253495

Aug 3, 2026

Price Changed

$575,000

$151/sq ft

Apr 2, 2026

Price Changed

$589,000

$155/sq ft

Jan 13, 2026

Price Changed

$599,000

$158/sq ft

Oct 31, 2025

Price Changed

$625,000

$165/sq ft

Oct 15, 2025

Listed

$649,000

$171/sq ft

GSBR as distributed by MLS GRID #SC251446

Apr 2, 2025

Listed

$695,000

$183/sq ft

GSBR as distributed by MLS GRID #093891

Mar 24, 2010

Sold

$280,000

$74/sq ft

+14

Custom built home, reflects an open flr pln, 5 bdrs, 2 of which can used for office/den or hobby space. bthrms host dual sinks, DR & LR open plan creates great Living space. NEW PELLET Stove!1834 sq ft waiting for your creative touch in LL, Potential for additional living space. NEW KITCHEN, Granite & Corian, SUN ROOM, 1st FLOOR Masterw/ HWF. PLUS:18.73 peaceful acres. NO GAS LEASE-, Baths: 1 Bath Lev 1,1 Half Lev 1,1 Bath Lev 2, Beds: 2+ Bed 1st, 2+ Bed 2nd, SqFt Fin - Main: 2479.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, Modern Kitchen: Y, SqFt Fin - 2nd: 800.00, Additional Info: bring an offer by 4/15 & Seller will forgo tax credit at closing - considerable savings

PWMLS #084733

Sep 4, 2008

Listed

$330,000

$87/sq ft

PWMLS #08190

Jan 12, 2008

Listed

$399,000

$105/sq ft

PWMLS #075702

Sep 5, 2007

Listed

$740,000

$195/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$7,400 (+2.6%)

$84,300 + $333,800

$418,100

2025

$7,215 (+4.6%)

$84,300 + $333,800

$418,100

2024

$6,896 (−28.6%)

$84,300 + $333,800

$418,100

2023

$9,662 (+33.1%)

$84,300 + $333,800

$418,100

2022

$7,257 (+1.0%)

$48,400 + $240,900

$289,300

2021

$7,187

$48,400 + $240,900

$289,300

2020

$7,187 (+6.8%)

$48,400 + $240,900

$289,300

2019

$6,727 (+3.8%)

$48,400 + $240,900

$289,300

2018

$6,483 (+3.9%)

$48,400 + $240,900

$289,300

2017

$6,241 (+4.6%)

$48,400 + $240,900

$289,300

2015

$5,967 (+3.6%)

$48,400 + $240,900

$289,300

2014

$5,761

$48,400 + $237,300

$285,700

Public record

Beds

Baths

2.5

Stories

1.75

Lot width

—

Lot depth

—

Lot size

18.73 Acres

Year renovated

—

Finished Sq. Ft.

3,279

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,279

Year built

1996

Style

Single Family Residential

County

Wayne County

APN

025794

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 89° expected this year, 16 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Lakewood, PA • 18439

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

89/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.8 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 223 Rainbow Rd

$552,283

$23K under list price of $575K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $615K.

SOLD JUL 31, 2026
$239,900 Last sold price
5 beds2.5 baths3,733 sq ft
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smaller lot
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3 beds3 baths3,000 sq ft
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smaller lot
9 years newer
SOLD MAY 20, 2026
$446,000 Last sold price
4 beds2.5 baths2,066 sq ft
749 Rose Hill Rd, Lake Como, PA 18437
$65/sq ft
smaller lot
21 years older
SOLD AUG 28, 2026
$489,900 Last sold price
4 beds2.5 baths2,424 sq ft
418 Dixie Hwy, Starrucca, PA 18462
$51/sq ft
smaller lot
26 years older
SOLD MAY 15, 2026
$550,000 Last sold price
4 beds4 baths4,275 sq ft
48 Old Boat Rd, Starrucca, PA 18462
$22/sq ft
smaller lot
6 years newer
SOLD FEB 13, 2026
$615,000 Last sold price
6 beds4 baths4,300 sq ft
1317 County Highway 67, Hancock, NY 13783
Listing by Four Seasons Sotheby's International Realty
$8/sq ft
larger lot
146 years older

Rental earnings

Est. $3,220 per month, based on comparable rentals

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Early Access listings

EARLY ACCESSCOMPASS COMING SOON

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Details provided by PWMLS and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (2)

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 223 Rainbow Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 223 Rainbow Rd

Early Access listings

Nearby similar homes

New listings for sale in 18439

More real estate resources