Building Details

Year Built 1958

Units 246

Listing Agency: Colliers - Atlanta, Georgia Show Phone

Listed By: Helen Zaver · License #285486

Source: Crexi

Added: Jun 15 Changed: Aug 8 Last Checked: Aug 9 at 1:44PM

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Investment Insights

Based on property information with market context.

Cove Haven Resort offers 246 guestrooms across six different suite designs, with in-room amenities that include dry saunas, massage tables, log burning fireplaces, private indoor heated pools, heart shaped whirlpools, and private balconies. The property also includes access to Lake Wallenpaupack shoreline, along with six recreation areas featuring hundreds of acres of forest lands, wildlife, walking trails, campsites, and boat slips.

The resort’s proximity to Interstate 84 and the Delaware River is intended to draw demand from the New Jersey, New York, and Pennsylvania metropolitan markets. Lake Wallenpaupack is described as Pennsylvania’s largest manmade lake, measuring 13.5 miles in length with 52 miles of shoreline, and the property provides lake-related recreation on site.

As a hospitality asset, the mix of suite configurations and on-site recreation can support guest experiences centered on relaxation and outdoor activities. With guest accommodations and resort amenities already in place, the property may be well suited for an operator looking to run a full-service destination resort. For additional information, please refer to the current listings at zaverhotels.com.

Key Highlights

• Lake Wallenpaupack shoreline access with Cove Haven Resort’s proximity to I‑84 and the Delaware River.
• 246 guestrooms across six different suite designs.
• In‑room amenities include dry saunas, massage tables, and log burning fireplaces.

Property Analytics

Property Profile

Current Use

Poconos Hotel & Motel Spooner’s Restaurant at Cove ... Bar & Pub 6208 Paradise Valley ... Hotel & Motel

Suggested Use

Top Pick Department Store Bar & Pub Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 18438, PA

1,186

Population

1,692

Households

0.7

Avg Household Size

57

Median Age

38%

College-Educated

95%

High-School Grad

8.2 sq mi

ZIP Area

145

Density / Sq Mi

$59,808

Median Household Income

$41,250

Median Earnings

$352,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Resort - Lake Wallenpaupack shoreline access and 246 guestrooms support recreation-focused hospitality stays.

Where is this resort located?

The property is located at 194 Lakeview Drive Lakeville, PA.

What are key features of this property?

This property features: Lake Wallenpaupack shoreline access with Cove Haven Resort’s proximity to I‑84 and the Delaware River.; 246 guestrooms across six different suite designs.; In‑room amenities include dry saunas, massage tables, and log burning fireplaces.