Lake Ariel Homes under $500,000

Welcome to Lake Ariel, Pennsylvania—a hidden gem nestled in the heart of Wayne County! This enchanting community is a perfect blend of natural beauty and small-town charm, making it an ideal place to call home. Surrounded by lush forests, tranquil lakes, and rolling hills, Lake Ariel offers a serene escape from the hustle and bustle of city life, while still providing convenient access to modern amenities.

One of the most appealing aspects of Lake Ariel is its diverse selection of homes, many of which are available for under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking a vacation retreat, you’ll find a variety of options that cater to your needs. From cozy cabins tucked away in the woods to spacious family homes with stunning lake views, the real estate market here is rich with opportunities.

Residents of Lake Ariel enjoy an array of outdoor activities year-round. In the summer, you can bask in the sun by the lake, take a leisurely hike on one of the many trails, or enjoy fishing and boating. As the seasons change, the area transforms into a winter wonderland, perfect for skiing, snowboarding, and cozy nights by the fire.

With a welcoming community spirit and a strong sense of belonging, Lake Ariel is more than just a place to live—it’s a lifestyle. Discover your dream home in this picturesque locale and immerse yourself in the tranquility and beauty that Lake Ariel has to offer!

Newest Lake Ariel Homes under $500,000

$315,000

3 Beds ⋅ 3 Baths ⋅ PW263449 MLS

Check out this Bob Holiday-built home in The Hideout, set on a beautiful, private lot with a circular driveway. Offering generous living space and large rooms throughout, this home is designed for comfortable everyday living and relaxed entertaining.The main living area features vaulted ceilings, creating an open and spacious feel, while a skylight in the kitchen fills the space with natural light. The kitchen offers plenty of counter space and storage. The convenient split-bedroom floor plan provides privacy, with the primary suite and en-suite bath on one side of the home and two additional bedrooms and a full bath on the opposite side.Off the dining area, a private screened-in porch provides the perfect spot to unwind, enjoy the peaceful surroundings, or entertain guests.The finished lower level adds even more versatile living space, featuring a large recreation room, a corner woodstove with a charming brick accent wall, and a convenient half bath. A large two-car garage provides plenty of room for vehicles, equipment, and additional storage.Additional features include central baseboard hot-water heat, a utility room with utility sink, and abundant storage throughout. With its spacious layout, private setting, finished lower level, and inviting outdoor living space, this Hideout home offers plenty of room to enjoy all that the community and surrounding area have to offer.

3775 Thornwood Terrace, Lake Ariel

$399,900

4 Beds ⋅ 2 Baths ⋅ PW263438 MLS

Completely Renovated Chalet in Wallenpaupack Lake Estates!!!Welcome to 1059 Lakeland Dr. in lake Ariel! This home is a beautifully renovated chalet-style home nestled on a quiet lot in the highly desirable Wallenpaupack Lake Estates community! This home has been transformed from top to bottom with an impressive list of brand-new upgrades, offering the perfect blend of modern style, comfort, and low-maintenance living.The exterior features a new roof, new vinyl siding, new windows, new doors. Step inside and enjoy new fixtures which give the home a fresh, updated look from the moment you arrive. You'll find all-new paint and flooring throughout, creating a bright and inviting atmosphere.The heart of the home is the brand-new kitchen, complete with soft-close cabinetry, gorgeous granite countertops, and all-new stainless-steel appliances. Both bathrooms have also been completely remodeled, offering beautiful modern finishes and a fresh, contemporary feel.The chalet-style design provides a warm and welcoming layout, while the quiet lot and paved driveway add to the property's convenience and appeal. An attached one-car garage provides excellent space for parking, storage, or recreational equipment.Located in Wallenpaupack Lake Estates, this property puts you in one of the area's most sought-after recreational communities, with easy access to the beauty and attractions of Lake Wallenpaupack and the surrounding Pocono Mountains.Turnkey, extensively renovated, and ready to enjoy--this is one you won't want to miss!

1059 Lakeland Drive, Lake Ariel

$385,000

3 Beds ⋅ 2 Baths ⋅ PW263422 MLS

Welcome to this charming home in Wallenpaupack Lake Estates (WLE), offering beautiful views of Beaver Lake and the relaxed lifestyle of one of the Poconos' most sought-after communities. Thoughtfully maintained and surrounded by well-kept landscaping, this property offers the perfect combination of comfort, natural beauty, and lake community living.Inside, an open-concept layout creates a bright and inviting atmosphere, with seamless flow between the living, dining, and kitchen areas ideal for entertaining family and friends or enjoying peaceful weekends at the lake. Large windows bring in plenty of natural light while allowing you to take in the picturesque surroundings.Step outside and enjoy the beautifully maintained landscaping and tranquil setting, with views of Beaver Lake adding to the property's appeal. Whether you're relaxing outdoors, entertaining, or simply enjoying your morning coffee, this home provides a wonderful connection to the surrounding natural beauty.Located in Wallenpaupack Lake Estates, residents enjoy an array of amenities and recreational opportunities, making this an ideal full-time residence, vacation getaway, or investment property. Come experience the charm of lake community living and everything this well-maintained WLE home has to offer!

1014 Beaver Lake Drive, Lake Ariel

$299,900

5 Beds ⋅ 3 Baths ⋅ PW263418 MLS

Located in The Hideout, a four-season, amenity-filled community in the Northern Poconos, this spacious 5-bedroom, 2.5-bath home offers much more than meets the eye with a flexible layout and plenty of room to spread out. The main level features hardwood flooring throughout and an impressive open floor plan combining the kitchen, dining area, and large living room with vaulted ceilings and exposed wood beams. The spacious primary bedroom is also on the main level and includes a private en suite bath plus a walk-in closet and laundry area. A convenient half bath is located just off the hallway. Step outside from the dining area to the deck, or relax and unwind in the screened-in porch. The full walkout lower level adds four additional bedrooms, including one that could also serve as a den or family room, along with a full bathroom. Conveniently located close to The Hideout golf course, clubhouse, and indoor recreation facility, this home offers comfortable living with easy access to some of the community's great amenities.

125 Rockway Road, Lake Ariel

$375,000

4 Beds ⋅ 3 Baths ⋅ PW263405 MLS

Your Pocono Dream Awaits in Wallenpaupack Lake Estates! Discover the ultimate turn-key retreat just a 2-minute walk to the community pool. Featuring an open-floor plan, 4 bedrooms, 2.5 baths, a cozy painted brick fireplace, a finished basement with a wood stove, a large covered front deck, a storage shed, and a private, freshly graded backyard. Offered fully furnished with appliances!Meticulously Maintained & Updated (2022-2026)2022 New roof, kitchen appliances, front stairs, and flooring, with skirting built below deck.2023 Mini-splits added, under-deck storage dug out, basement carpet and baseboard heaters replaced, and new washer.2024 Custom kitchen cabinets installed, side deck replaced, and upstairs bath remodeled.2025 Backyard cleared, graded, and seeded, upgraded basement LED lighting, fireplace brick painted, and main floor bath remodeled.2026 Living room engineered hardwood flooring, chimney chase re-sheeted, and spray-foam insulated brick wall.Whether for full-time living, a weekend escape, or a rental investment, this home checks every box. Don't miss out!

1013 Oak Terrace, Lake Ariel

$330,000

3 Beds ⋅ 3 Baths ⋅ PW263400 MLS

Charming Hideout Chalet! This timber-beamed chalet is well-maintained & full of Poconos charm. The home features 3 bedrooms plus an oversized loft, tongue and groove ceilings, beautiful hardwood flooring & a stunning two-sided wood-burning fireplace in the living room. Great location within walking distance of Roamingwood Lake North Beach & adjoining a green area for added wooded privacy! The lower level offers a wood stove & plenty of potential for future expansion, while ductless A/C on the main level provides added comfort.Additional features include a paved driveway, large deck, 50-year architectural shingle roof, gutters with leaf guards, basement waterproofing treatment, and a stainless steel chimney cap & liner. Exceptional storage with TWO one-car garage bays underneath the home PLUS a detached one-car garage! Located in The Hideout with easy access to the community's many amenities & recreational opportunities. A wonderful opportunity to enjoy the Poconos lifestyle in a charming, well-maintained home!

16 Highpoint Drive, Lake Ariel

$250,000

3 Beds ⋅ 2 Baths ⋅ PW263380 MLS

Escape to Cobbs Lake Preserve, a secluded, private community made for enjoying the outdoors. This home pairs the charm of an original cabin with a modern addition, offering three bedrooms and two bathrooms with room to settle in and unwind. Whether you're looking for a weekend getaway or a place to spend more time away from the rush, it's a welcoming retreat.Community amenities include a lake, clubhouse, and picnic area. Hunting is also permitted on the community's green spaces, adding another way to enjoy the setting. Come experience the cabin character and outdoor lifestyle of Cobbs Lake Preserve.

30 Beaver Pond Road, Lake Ariel

$379,900

4 Beds ⋅ 3 Baths ⋅ PW263324 MLS

This is truly a special property with so much to offer--it's anything but your average Hideout home! Located on a quiet cul-de-sac on an elevated lot with beautiful views, this spacious home offers an impressive combination of indoor and outdoor living. A large detached garage, oversized paved driveway, enormous wraparound screened-in porch, expansive rear deck, and front deck provide plenty of space to enjoy the outdoors.Inside, the home has been beautifully updated and features an open floor plan with soaring ceilings, a stunning stone fireplace, and a spacious kitchen with island. Knotty pine ceilings add warmth and character to both the kitchen and the main-level primary bedroom, which also features a private en-suite bath. Upstairs, a large loft overlooks the living room and is joined by two spacious bedrooms and a full bath. The walk-out lower level offers even more living space with a fourth bedroom, third full bath, and large recreation room.Located in The Hideout, a four-season, amenity-filled community in the Northern Poconos, this property offers space, privacy, views, and plenty of room to enjoy everything the Poconos has to offer.

10 Crestwood Court, Lake Ariel

$369,900

3 Beds ⋅ 2 Baths ⋅ PW263320 MLS

BRAND NEW CONSTRUCTION in The Hideout! This beautiful ranch-style home is ideally situated within close proximity to the ski hill, Deerfield Lake, and Roamingwood Lake. Set on a nice, open lot with plenty of room to play and enjoy the outdoors, this home offers a wonderful combination of location, space, and modern living.Inside, the open-concept floor plan creates a comfortable and inviting space for everyday living and entertaining, featuring a spacious kitchen with a center island. The desirable split-bedroom layout provides privacy, with the primary suite and en-suite bath located on one side of the home, while the second and third bedrooms are situated on the opposite side.The enormous unfinished lower level offers an abundance of space and endless potential for future expansion. Finish it to create additional living space, a game room, home gym, office, or whatever suits your needs. A fantastic opportunity to own brand-new construction in a desirable location within The Hideout, close to lakes, recreation, and the ski hill.

1014 Forest Lane, Lake Ariel

$249,000

3 Beds ⋅ 1 Baths ⋅ PW263311 MLS

Classic Pocono character meets comfortable, well-kept living in this inviting chalet tucked among the trees of The Hideout. This well-maintained 3-bedroom home offers a warm, open layout with a spacious living room centered around a cozy wood stove, flowing naturally into the open kitchen and bright dining area, ideal for entertaining or everyday living. Natural wood accents, exposed beams, vaulted ceilings, and abundant windows add warmth and character throughout. Upstairs, an open loft provides additional flexible living space alongside an additional bedroom. Outside, enjoy the peaceful wooded setting, paved driveway, and deck surrounded by mature trees. Thoughtfully cared for over the years, this home offers the perfect opportunity for a full-time residence or Pocono retreat while enjoying all the amenities The Hideout has to offer.

159 Parkwood Drive, Lake Ariel

$149,000

3 Beds ⋅ 1 Baths ⋅ PW263300 MLS

FEELING FINE ON FAIRWAY! Little Chalet. Big Pocono Lifestyle. Endless Possibilities.Tucked beneath the trees in The Hideout, this classic 3-bedroom Pocono chalet is the kind of place that makes weekends feel longer and life feel a little easier. Set on a level lot with a peaceful green space next door, you're just a short walk from the golf course and clubhouse, putting some of the community's best amenities right within reach.Inside, the chalet-style layout keeps things simple and inviting. An open kitchen and living area creates an easy gathering space, while the first-floor primary bedroom offers convenient one-level living. Upstairs, two additional bedrooms provide plenty of room for family, friends, guests, or a home office.Step outside onto the deck, pour your morning coffee, and enjoy the quiet of the woods. A detached shed gives you extra space for bikes, golf clubs, lake gear, tools, and everything else that comes with the Pocono lifestyle.The home is ready for someone with a little vision to update it, personalize it, and unlock its potential. Create an affordable Pocono escape, make it your first home, or explore its possibilities as an investment or rental property.Ownership in The Hideout means access to a four-season recreational community filled with amenities and activities, from lakes and beaches to golf, pools, skiing, recreation, dining, and more.Come see what this little chalet could become.

4334 Fairway Drive, Lake Ariel

$399,900

4 Beds ⋅ 3 Baths ⋅ PW263278 MLS

A beautifully landscaped and fully furnished Hideout home loaded with upgrades, offering 4 bedrooms, 3 full bathrooms, an oversized garage and a flexible layout with the potential for an in-law setup or private lower-level guest suite. The main level features an inviting open floor plan with vaulted ceilings, a propane fireplace in the living room, wood and tile flooring, and beautiful wood-look laminate flooring in the bedrooms. Three bedrooms are located on the main level, including a spacious primary bedroom with a beautifully updated en suite bathroom, along with an additional updated full bathroom in the hallway.The finished lower level adds tremendous versatility with a fun recreation room featuring tiled floors and a kitchenette-style area with an island, creating a great space for entertaining, guests or extended living. This level also includes a 4th bedroom, a third full bathroom and another versatile room currently used as a 5th bedroom that could also serve as an office, den, hobby room or additional guest space, further enhancing the potential for an in-law setup or private guest suite.Outside, the home is set on a beautifully landscaped and private property with a large driveway offering plenty of parking and convenient access to the oversized garage. A screened room on the front deck provides a comfortable place to relax and enjoy the surroundings, while the backyard includes a private graveled area perfect for outdoor seating, a firepit area or additional entertaining space.Located in The Hideout, a four-season, amenity-filled community in the Northern Poconos offering lakes, beaches, pools, golf, skiing, recreation, dining and much more, this well-maintained home offers tremendous space, flexibility and comfort for full-time living or a Northern Poconos getaway.

290 Chestnuthill Drive, Lake Ariel

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INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.