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    400 Granite Rd Kerhonkson, NY 12446

    Sponsored
    For Sale
    $15,000,000

    Luxury Resort, Endless Potential, 232 Rooms

    Property size:
    200,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 550-acre property, encompassing four parcels (76.4-1-56.110, 76.3-1-11.120, 76.4-1-38, 76.4-2-39.100), presents a unique investment opportunity. Currently operating as The Hudson Valley Resort, this legendary Granite Hotel boasts 232 functioning rooms and a wealth of amenities. Imagine the possibilities within this expansive landscape, previously home to a golf course and ski slope. The resort features a welcoming lobby, a picturesque lake, both indoor and outdoor pools, a theater, multiple large convention spaces ideal for private functions and events, a restaurant, and several kitchens. While the property requires updating and not all sections are currently operational, its sheer size and potential are undeniable. The 200,000 square foot main building offers significant space for redevelopment and expansion. The listed tax amount reflects the assessment for all four parcels. This is a rare chance to acquire a substantial resort property with immense potential for revitalization and future growth in the desirable Hudson Valley region. The property's scale and diverse amenities provide a blank canvas for a wide range of development scenarios. Priced at $15,000,000.

    Property Features for 400 Granite Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    200,000 SF
    Lot Size
    23,958,000 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Hudson Valley Resort ... Resort Hotel Vacation Valley Resort Hotel HOPPY HALLOWEEN RESORT Hotel

    Suggested Use

    Auto Repair Shop Hotel & Motel Travel Agency Bed & Breakfast Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kerhonkson
    County
    Ulster
    State
    New York
    Longitude
    -74.26308
    Latitude
    41.7675

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    FAQs

    What type of property is this?
    Commercial real estate - Luxury Resort, Endless Potential, 232 Rooms
    Where is this commercial real estate located?
    The property is located at 400 Granite Rd Kerhonkson, NY.
    What is the asking price?
    The asking price for this property is $15,000,000.
    (845) 679-0636
    Request Owner's contact information
    400 Granite Rd Kerhonkson, NY 12446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Granite Rd Kerhonkson, NY 12446
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