1474 High Falls Rd

Description

Best investment in the Hudson Valley! Outstanding compound on 50 acres with an Olympic size indoor, heated pool located in the beautiful Catskill region. Great venue for corporate retreats, year-round vacation rentals, weddings, Air BnB and more. The property features 50 acres with ponds, trails and an expansive deck to hold events. Lower level (76x40) boasts an indoor, Olympic-size heated pool with new liner and de-humidifier system. There are a total of 12 bedrooms each with full bath and fireplaces. Lower area has 5 bedrooms with exterior exits. A billiards/game room with a stunning stone fireplace. The Main kitchen is equipped with 2 stoves, 2 refrigerators and an open concept leading to the Formal dining room and bright, airy, spacious Living area with a Fireplace. Property was rented through Home Away until 2020. Financials provided are from last rental year of 2019 with CAP rate of 9%. There is also a 3 BR apartment in lower level at entrance with fireplace and full bath. BONUS - Separate guest house with open beams in the living room and dining room with 3 bedrooms. The updated dining room and kitchen leads to an oversized deck. There's an 8-stall Morton Barn with fenced paddock at the beginning of property with plenty of riding and hiking trails. This property is being offered as "turn-key with furniture and appliances included. Special use permit will allow for Inn/Hotel, Tiny homes and more. Just 2 hours from NYC! Close to Saugerties, Woodstock and Hunter/Windham Ski Center. Don't miss this great $$$ maker opportunity!