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124 Rainbow Road, 
Lakewood, PA 18439

$645,000


3

Beds


2

Baths


2,006

Sq Ft


Single Family

Active

Listed by

William R Phillips

Ryan Phillips

RE/MAX Wayne

570-253-9566

Last updated:

August 9, 2026, 02:08 PM

MLS#

PW261200

Source:

PA PWAR

About This Home

124 Rainbow Road

AMAZING COUNTRY PROPERTY!! Located in the small town of Lakewood in Northern Wayne county, this 3 bed 2 bath home is a one of a kind property that does not come along very often. This 12 acre parcel has much to offer, a large 3 car garage with radiant floor heating, a car lift and houses an outdoor furnace to heat both the garage and home. Another great feature is a stocked, 15 foot deep, 1 acre pond. Just beyond the pond is direct access to the Rails and Trails recreational trail system which is 16 miles in length and connects many fine eateries !! There are also 2 water sources , a drilled well that services the house and a dug well that can be used for gardening or farm animals. The home itself has a 520 sq ft Master suite has it's own private entrance. It includes a spacious living area, room for a king bed, closet, and full bathroom. It is located north of the vaulted beamed kitchen with radiant floor heat a central island, and locally sourced marble countertops. Both areas are walled with pine tongue & groove with a very inviting modern cabin feel. is a large sunroom room for living and dining while enjoying the outstanding views of the lower property, large pond, and rolling hills. Above the sun room there are two very quiet and comfortable bedrooms, a walk in closet, and a full bathroom. All 3 areas have spectacular views. Outdoor living is easy with approximately 2000 square feet of decking and a covered porch at the Master Suite's entrance. A secondary / backup oil burner furnace is located in 460 sq ft partially finished basement. With a Vermont Castings Stove propane heater providing ambiance and optional heat in the Master suite to round out the 3 heating options.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1974

Subdivision & Development:

None

Price Summary

645,000

$321 per Sq. Ft.

MLS #:

PW261200

Last Updated:

August 9, 2026, 02:08 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,006 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,006 Sq. Ft.

Year Built:

1974


Lot

Lot Size (Sq. Ft):


Finances & Disclosures

Finances

Price:

$645,000

Price per Sq. Ft:

$321 per Sq. Ft.

Source:PA PWAR
Copyright 2026 Pike Wayne MLS. All rights reserved. Listings courtesy of Pike Wayne MLS MLS as distributed by MLS GRID. Pike Wayne MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Pike Wayne MLS MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Pike Wayne MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.