1.12 Acres Only $1Dn, $299/Mo

Land Description

Located in Coolbaugh Township not far from Arrowhead Lake and numerous state game lands, this lot sits in the Pocono Mountains. Surrounded by forests, state parks and lakes, this is the perfect spot for a vacation cabin.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin D. Roosevelt, U.S. president

The lot has direct access via Wappinger Way.

The property is about 40 minutes to the Delaware Water Gap and 5 minutes to Arrowhead Lake. There are many recreational opportunities in the area, including fishing and hunting, cross-country skiing, hiking, canoeing, kayaking and rafting.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” - Andrew Carnegie, billionaire industrialist

The lot is located on the Riverside Estate Community Association.

Cash Discount Purchase Price $9,999 + $495 Document Fee

We accept personal checks, cashier's checks, money orders and Zelle.

Seller Financing Available

$1 down with a $299 document fee and $299 per month for 50 months at 0% Apr. No prepayment penalty. No credit checks.

We pay the taxes during the loan term, but we add the taxes and HOA fees to the monthly payments.

Hold Price $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

Title And Use

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

About Monroe County

According to “In the northeastern corner of Pennsylvania lie the breathtakingly beautiful Pocono Mountains, which includes Monroe County. Monroe County is known as the “Honeymoon Capital of the World”. Because of the natural appeal, this area has given rise to some of the finest and most elaborate hotels, resorts and recreational areas/facilities in all of Northeastern Pennsylvania. It is also widely recognized as a place for vacationing and romantic weekend “getaways” because of the fiery beauty of the surrounding wooded peaks and valleys. Monroe County has built an industry of service that boasts the finest in personal accommodation anywhere. Visitors and vacationers can find an abundance of activities and places to visit that are guaranteed to be rewarding in any season of the year.”

Lot Details

Parcel : 03/20E/1/20

Gps Center-point Coordinates: 41.172, -75.5839

Gps Boundary Coordinates:

Nw: 41.1725, -75.5844

Ne: 41.1718, -75.5832

Se: 41.1715, -75.5833

Sw: 41.1723, -75.5846

Taxes Are Paid And Current

Annual taxes are $600. Taxes have been paid through 2019 and no back taxes are owed.

Annual HOA dues are $485. Dues have been paid through 2019.

“Buy on the fringe and wait. Buy land near a growing city. Buy real estate when other people want to sell. Hold what you buy.” - John Jacob Astor, real estate and business mogul

Frequently Asked Questions

Are there any improvements to the lot? No, the lot is vacant.

What utilities are available? Water and sewer would need to be a well and septic system. A perc test has not been done on the lot.

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn't encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an Llc? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” - Marshall Field, entrepreneur

Final Note

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing - it could remain in your family for generations.

“Buy land, they're not making it anymore.” - Mark Twain, writer and humorist

Our Mission is to offer high-quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.