Stop 3 · Lake Ariel · Wallenpaupack Lake Estates
1108 Aquarius Drive
More affordable Deer Lake chalet with private dock, hot tub, decks, finished/game lower level, and WLE amenities — but with explicit roof/siding/skylight as-is risk.
Ask
$697,000
Facts
3 bd · 2 full + 1 half · 1,950 sqft · 0.28 acres · built 1987
Water
Deer Lake frontage/dock + WLE amenities
Comp read
Medium-high confidence
Listing snapshot
- 3 bd · 2 full + 1 half
- 1,950 sqft · 0.28 acres · built 1987
- Deer Lake frontage/dock + WLE amenities
- $357/sqft ask; $685.9K Zestimate; $616 quarterly HOA + one-time fee noted
Nominal ask is close to Zillow's value range and between 1112 Aquarius at $609K and 1096 Aquarius at $725K. The correct comp answer is not 'pay market'; it is 'pay market minus a real reserve' because Makayla flagged as-is roof/siding/skylight trim, unknown roof age, and wood siding rot risk.
Comps reviewed
1096 Aquarius Dr$725,000 sold
3 bd/3 ba, 2,334 sqft; best high-side Aquarius comp, but larger and apparently cleaner.
1112 Aquarius Dr$609,000 sold
3 bd/3 ba, about 1.8K sqft; best lower bracket comp for a nearby Deer Lake home.
Zillow comparable carousel$740,000 sold / $350,000 sold nearby
Shows a wide condition/location spread; reinforces need to adjust hard for repairs.
1108 Aquarius Zillow value$685,900 Zestimate; $652K–$720K range
Public automated value is near ask before deducting the disclosed as-is exterior risk.
Offer strategy
- Fair: $640K–$650K with full inspections and a clear right to renegotiate/terminate for roof, siding, skylight trim, moisture/rot, septic, dock, and crawl/basement issues.
- Inspection reserve: underwrite at least $35K–$50K for exterior envelope/roof/siding surprises; ask for credits or price reduction if bids support it.
- Stretch: $670K–$675K only if roof/siding condition is materially better than feared and the family values Deer Lake/WLE amenities over main-lake powerboating.
- Do not price this as a transferable Wallenpaupack boatslip property: Makayla said WLE marina slips do not transfer and the wait may be 7–8 years.
Red flags / questions for Makayla or listing agent
- Ask age and material of roof, any active leaks, skylight history, and whether seller has roof/siding quotes.
- Probe wood siding rot at grade/deck intersections; look for staining, soft trim, and water intrusion around skylights.
- Verify dock use, Deer Lake swimming depth/bottom/weeds, and whether dock is permitted/maintained by owner or WLE.
- Confirm WLE marina slip waitlist rules, non-transferability, rental limitations, dues, one-time fees, and special assessments.