ARROWHEAD LAKE (Coolbaugh Township and Tobyhanna Township, PA)
 As one of the area’s most recognized vacation home communities, Arrowhead Lake has a rich tradition of vacation rentals.

There are over 2,450 Member-owned houses and 850 lots, a total of 4,330 properties in the community. Roughly 33% of the homes in Arrowhead are owned and occupied by full-time residents, the remainder are vacation homes or seasonal residences with a significant of them being rented, those renting less than 30 days require a short-term rental license.

Based on current data from AirDNA, the broader Pocono Lake zip code, which includes Arrowhead and neighboring Locust Lake Village, has approximately 858 active (and assumed licensed) short-term rental (STR) listings.

Arrowhead Lake continues to offer one of the Poconos’ broadest selections of vacation and short-term-rental properties, ranging from smaller cabins and affordable retreats to large, high-end homes. The substantial difference between the average and median sale prices reflects the influence of the community’s upper-end and lake-oriented properties.

People love this Golf cart friendly gated community, which feels like a resort with its nice amenities including multiple pools and beaches. Read more about Renting your home in Arrowhead Lake. About half of Arrowhead is in Tobyhanna Township, the other half in Coolbaugh Township. Both have their pros and cons.  There is a community sewer that serves about a quarter of the homes in the community, mostly in the Coolbaugh Township section.  There is a something for everyone here, see vacation homes for sale in Arrowhead Lake.

The Tobyhanna Township portion of Arrowhead Lake is in AirDNA’s Pocono Lake submarket where 604 STRs are identified and the average occupancy = 42%, average ADR = $423 and average annual income = $57.7K.  AirDNA gives the Pocono Lake submarket a score of 86/100, above the Poconos overall score of 83.

The Coolbaugh Township portion of Arrowhead Lake is in AirDNA’s Tobyhanna submarket where 1,281 STRs are identified and the average occupancy = 40%, average ADR = $379.8 and average annual income = $49.9K.  AirDNA gives the Tobyhanna submarket a score of 82/100, just below the Poconos overall score of 83.