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Paupack Estate Sells for Record $4.68 Million

  //house-home.news-articles.net/content/2026/02/1 .. aupack-estate-sells-for-record-4-68-million.html
  Published in House and Home on Sunday, February 15th 2026 at 17:24 GMT by Lehigh Valley Live
      Locales: Pennsylvania, UNITED STATES

Paupack, PA - February 15, 2026 - A recent real estate transaction in the Lake Paupack region of the Poconos has sent ripples through the luxury property market, with a single-family estate selling for a staggering $4.68 million. The sale, announced earlier today, underscores the continued and accelerating demand for high-end properties in Pennsylvania's Pocono Mountains.

The estate, details of which remain somewhat private at the request of the buyer, boasts a unique combination of features including a private lake, multiple residential buildings - suggesting potential for guest housing or rental income - and sprawling acreage. Listing agent Jamie Goldcamp, of Berkshire Hathaway HomeServices Preferred Real Estate, described the property as "a one-of-a-kind offering," indicating its exceptional qualities and limited availability.

This record-setting sale isn't just about a single transaction; it's indicative of a broader trend. The Poconos, long a popular destination for weekend getaways and family vacations, are rapidly transforming into a year-round haven for affluent buyers seeking respite from urban life. The COVID-19 pandemic significantly accelerated this shift, as remote work capabilities allowed individuals and families to relocate to areas offering a higher quality of life, access to nature, and more space. The Poconos perfectly filled that niche.

"We've seen an unprecedented surge in demand for luxury homes in the Poconos over the past several years," explains Goldcamp. "What was once a predominantly second-home market is now seeing a significant influx of primary residents, driving up prices and creating a highly competitive environment."

Several factors contribute to this growing appeal. The Poconos offer a comparatively affordable alternative to other luxury destinations like the Hamptons or Aspen, while still providing access to similar amenities and outdoor activities. Lake Paupack, in particular, has become a magnet for those seeking waterfront living and recreational opportunities - boating, fishing, swimming, and more. The region's proximity to major metropolitan areas like New York City and Philadelphia (approximately a two-hour drive) further enhances its attractiveness.

The $4.68 million price tag also reflects the limited supply of truly exceptional estates like this one. Large parcels of land with private lakes are incredibly rare in the region, and the presence of multiple residences suggests the property is geared towards entertaining or potential income generation. Such a combination rarely comes to market, fueling bidding wars and pushing prices to new heights.

Local real estate analysts predict this trend will continue, at least in the short term. However, rising interest rates and potential economic headwinds could begin to moderate price growth later in the year. The availability of building materials and skilled labor also remains a concern, potentially impacting the pace of new construction and the overall supply of luxury homes.

Beyond the immediate impact on the real estate market, the influx of affluent buyers is also having a positive effect on the local economy. Increased demand for goods and services is creating new jobs and supporting local businesses. However, this growth also presents challenges, including the need to preserve the region's natural beauty and maintain its unique character. Sustainable development practices and responsible tourism will be crucial to ensure the long-term health of the Poconos community.

Goldcamp anticipates more luxury properties will come onto the market as current owners recognize the substantial returns they can achieve. "We're advising our clients to seriously consider selling if they're thinking about it," she says. "The window of opportunity to capitalize on these high prices may not last forever."

The sale of the Paupack estate serves as a powerful indicator of the ongoing transformation of the Poconos, solidifying its position as a premier destination for luxury living and a thriving second-home market.