1474 High Falls Road, Catskill

$1,900,000

7 Beds
10 Baths
12,000 Sqft
40 Acres
0 Garages

Aerial: https://www.youtube.com/watch?v=576uy7F9tS0&feature=youtube Must see to appreciate this outstanding estate located in the beautiful Catskill region. Just two hours from NYC.. close to Saugerties and Woodstock also convenient to ski areas. (Hunter and Windham)Absolutely perfect venue for its use as year round vacation rentals/weddings/corporate retreat/artists compound! A truly unique property on 40 acres (to e subdivided) with hiking trails a Huge "wrap-around" deck, hot tub overlooking stream-fed ponds easily holds 80 people. Level, cleared lawn areas for large, special occasions. Parking area. There are 11 BR Suites each with full baths and fireplaces. There is a 76 X 40 room with Indoor, heated Pool (new liner just installed) lounge area with adjacent game room with custom, hand-built bar. Dehumidifier ensures comfortable lounging in pool room. Also, new windows and new metal ceiling. Many of the bedroom suites are convenient to pool area plus rear exits. There is also a kitchen in lower area with full bath. Main kitchen is equipped with 2 refrigerators, 2 ranges, 2 sinks, wine cooler. Many cleared trails perfect for hiking horse riding and other recreational machines. Also note: there are two, 200 amp services. Several septic systems. 2 ponds! This house is listed on Home Away rentals. Live in main level and rent out lower level with 5 bedroom in-door swimming pool. Sale includes caretaker house and 8-stall Morton barn with fenced paddock. 2019 Financials indicate 8.4% Cap rate! SPECIAL USE PERMIT WILL ALLOW FOR INN/HOTEL! Land to be subdivided from total 62 acres.

Property History
Price Increased from $1,850,000 to $1,900,000
Price Increased from $1,500,000 to $1,850,000
Price Reduced from $1,850,500 to $1,500,000
Status Changed from BACK ON MARKET to ACTIVE
Status Changed from ACTIVE to BACK ON MARKET
Show All History (8)
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