1659 Route 212, Saugerties
THE PINEAPPLE - Welcoming Queen Anne style home restored in contemporary style for use as a residence, lodging facility or corporate or wellness retreat in the heart of the Hudson Valley Catskill Mountain region. A stately tree-lined circular driveway leads to the entrance of this lovely property along with ample additional parking set away from the main house. Enter the light-filled, airy main level with expansive living room with contemporary fireplace, spacious open dining and lounging areas and gourmet kitchen with adjacent butler’s pantry. French doors open to a large office/den/bedroom with fireplace and adjoining spa bathroom featuring a skylight, whirlpool tub, double shower and sauna. Sliding glass doors open to the wraparound porch with large deck, outdoor dining area, canopied grill, hot tub and fire pit area. The upper floor features four well-sized bedroom suites, one California King and 3 Queens, each with its own private full bath and outdoor balcony. An added bonus is the private entry lower level manager/staff/guest one bedroom apartment with full bath, living room, kitchen which adjoins the full basement with laundry and ample storage area. This is the perfect live/work property with over 3,200 square feet of indoor space, outdoor spaces from which to choose and a rich history as both a private home and place of hospitality. Residential Hamlet zoning allows by-right short term rental use which yielded $140,000 of revenue in 2020 and is on the same pace in 2021. CAP rate at asking price is 11%. Financial records available. Situated 3 miles from Woodstock and 6 miles from Saugerties with a back way to Kingston, this is the bullseye of world class natural beauty, recreational resources, arts, culture and cuisine that have made our region one of the most desirable in the nation. These are the reasons we live here. Now you can, too!
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