Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Greentown Estate with Mountain Elegance Title is generated by Realmo AI

    1015 Rt 390, Greentown, PA 18426

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    COMMERCIAL - Greentown, PA

    Property size:
    6,819 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $175/SF
    Added:
    May 24, 2026
    Days on Market:
    8
    Last Refresh:
    May 31 at 3:06 pm

    Property Features for 1015 Rt 390

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Exterior features
    Private Yard, Storage
    Basement
    Sump Pump, French Drain
    Standard status
    Active
    APN
    116.02-01-03 015351
    Size
    6,819 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5813

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Hot Water(Heating), Oil
    Cooling system
    Ceiling Fan(s), Ductless
    Water source
    Well

    Building Details

    Year built
    1915
    Floors in Building
    3
    Flooring type
    Vinyl, Hardwood, Tile
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Fiberglass
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Jaime Goulet

    Listing agent Jaime Goulet

    Listing office MORE Modern Real Estate LLC 112 N Courtland Street, East Stroudsburg, PA

    Listing date May 24, 2026

    MLS# PM-141750

    Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 11 bedrooms each with a full bath, ideal for a large family, retreat, or hospitality venture.
    • Located on 5 private acres bordering state game lands and steps from Promised Land State Park, the lake, and the beach, offering exceptional outdoor recreation.
    • Gourmet chef's kitchen with granite countertops, stainless steel appliances, and a Viking stove, perfect for large‑scale entertaining.
    • Separate guest/staff quarters with an additional kitchen and private living area.
    • Newer roofing, vinyl siding, replacement windows, and upgraded furnace/boiler systems.
    • Wraparound deck, covered porch, 4‑car garage, and extensive guest parking.

    Overview

    This estate is nestled on 5 private acres in the Pocono Mountains. The expansive 6,819-square-foot residence features 11 bedrooms, each with its own full bath, hardwood flooring, spacious gathering areas, and architectural character. Bordering state game lands and located steps from Promised Land State Park, the lake, and the nearby beach, the property delivers a four-season lifestyle with hiking, boating, fishing, skiing, and outdoor recreation. At the center of the home is a gourmet chef's kitchen complete with granite countertops, stainless steel appliances, and a Viking stove designed for large-scale entertaining. Multiple living spaces create a warm and inviting atmosphere, while separate guest or staff quarters with an additional kitchen and private living area provide flexibility for extended family, retreats, or accommodations. The property benefits from newer roofing, vinyl siding, replacement windows, and upgraded furnace and boiler systems. Outdoor living is equally impressive with a wraparound deck, covered porch, coach lighting, a 4-car garage, and guest parking. Located near Pocono attractions including ski resorts, golf courses, casinos, lakes, and waterparks, this estate offers possibilities such as a private retreat, multigenerational compound, or hospitality venture.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Map

    City
    Greentown
    County
    Pike
    State
    Pennsylvania
    Longitude
    -75.2624
    Latitude
    41.3335

    Nearby Similar for Sale

    • $975,000
      26,148 SF

      Versatile Commercial Building on 3.27 Acres

      26,000 SF commercial building on 3.27 acres in Greentown, PA.
      1586 Rt 507, Greentown, PA 18426
      View Details
    • $649,000

      Commercial Office Space Investment

      Commercial office building with residential home near Rt 84.
      1345 Rt 507, Greentown, PA 18426
      View Details
    • $975,000
      26,148 SF

      Versatile Commercial Building on 3.27 Acres

      26,000 SF commercial building on 3.27 acres, Route 507.
      1586 Rt 507, Greentown, PA 18426
      View Details

    FAQs

    What type of property is this?
    Hospitality property - Exceptional estate on 5 acres in the Pocono Mountains.
    Where is this hospitality property located?
    The property is located at 1015 Rt 390 Greentown, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 11 bedrooms each with a full bath, ideal for a large family, retreat, or hospitality venture.; Located on 5 private acres bordering state game lands and steps from Promised Land State Park, the lake, and the beach, offering exceptional outdoor recreation.; Gourmet chef's kitchen with granite countertops, stainless steel appliances, and a Viking stove, perfect for large‑scale entertaining.
    (570) 234-3400
    We can help!
    Listing Contact
    Jaime Goulet
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1015 Rt 390, Greentown, PA 18426
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!