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66 Chestnut Road

Lake Harmony, PA 18624

5

3

2,226 Sq.Ft.

Single Family Residential

$724,900

Year Built

1986

Price per sq.ft

$326

Discover three floors of living space in this stunning 5-bedroom, 3-bath contemporary chalet, perfectly updated to blend modern luxury with mountain charm. Nestled in a picturesque setting, this home is designed for both relaxation and entertainment. Step inside to experience the inviting open floor plan, featuring a spacious kitchen and living room that seamlessly blend together. The living area is anchored by a striking wood-burning stone fireplace, creating a cozy focal point for gatherings and relaxation. The beautiful tongue-and-groove ceiling adds a touch of rustic elegance throughout. The home offers five generously sized bedrooms and three modern bathrooms, two of them with heated floors for added comfort. The updated kitchen and bathrooms showcase modern finishes and functionality, ensuring a seamless blend of style and convenience. Entertainment options abound with a large lower-level family/game room, perfect for hosting friends and family or enjoying a fun night in. Step outside to the expansive deck and fire pit area, ideal for enjoying outdoor evenings and soaking in the natural beauty of your surroundings. Additional amenities include a private hot tub, an EV charger, and an HVAC system with 7 mini splits for efficient climate control year-round. New windows brighten the space and improve energy efficiency. This contemporary chalet offers the perfect blend of modern updates and mountain charm, making it an ideal retreat or short-term rental investment. Don't miss the opportunity to make this dream home yours! Enjoy the lake life with all the modern conveniences you need, while soaking in the serene mountain atmosphere Schedule your showing today and start living the lake life!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

4.19%

Avg. Monthly Income

$5,800

Expenses

$382

Long-term rental strategy

Cap Rate

0.81%

Avg. Monthly Income

$2,379

Expenses

$111

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Comparables

property

+ Revenue Estimate

$449,990

21 Sassafras Road

Split Rock and Lake Harmony

3

2

1698sq.ft

Cap rate

2.59%

Occupancy rate

39.00%

property

+ Revenue Estimate

$724,900

66 Chestnut Road

Split Rock and Lake Harmony

5

3

2226sq.ft

Cap rate

4.19%

Occupancy rate

39.00%

property

+ Revenue Estimate

$254,900

491 Moseywood Rd

Split Rock and Lake Harmony

2

2

1250sq.ft

Cap rate

3.74%

Occupancy rate

45.00%

property

+ Revenue Estimate

$799,900

151 S Lake Drive

Split Rock and Lake Harmony

5

3

2976sq.ft

Cap rate

4.62%

Occupancy rate

39.00%