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Lakefront 8-Unit Multifamily Property
For Sale
$1,189,000

238 Lakeview Drive Road, Highland Lake, NY 12743

Commercial Sale, Highland Lake, NY

Property SizeContact for details
Lot Size1.60 Acres
Days on Market157

Property Features for 238 Lakeview Drive Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning R2
Parking features Driveway
Lot features Level
View Lake, Water
Elementary school George Ross Mackenzie Elem Sch
Middle school Eldred Junior-Senior High School
High school Eldred Junior-Senior High School
Elementary school district Eldred
Middle school district Eldred
High school district Eldred
Directions Turn right onto Upper Monguap Rd, turn right onto High Rd, Slight left onto Mohican Lake Rd, Turn right onto Lake View Drive Rd, House on the left.
Standard status Active
APN 3400-007-0-0001-048-002
Lot size 1.60 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11900

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Electric (Heating)
Water source Well
Water front features Lake Front, Lake
Water front 1

Amenities

sandy beach
fire pit area
expansive front lawn
motorboat access
multi-level deck
wraparound veranda

Building Details

Year built 1925
Floors in Building 1
Number of units 8
Building materials Frame
Listing Agency: KW Hudson Valley United · Keller Williams Realty
Listed By: Joseph A. LaBarbera
Added: Apr 16 Changed: Sep 18 Last Checked: Sep 19 at 11:06PM
MLS# 976487

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes three separate frame buildings with eight independent units, 11 total bedrooms, seven bathrooms, and eight kitchens. The main lodge contains four units with private kitchens and baths, a multi-level lake-facing deck, and access to a sandy beach. A ranch-style lodge provides two units and a wraparound veranda, while the bungalow contains two studio-style units with kitchens. The property is vacant and includes electric heating, propane, a well, septic service, and driveway parking.

The 1.6-acre site has over 175 feet of lake shoreline, motorboat access, and views from multiple units and decks. Outdoor features include a sandy beach, fire pit area, and broad front lawn. The property is located in Highland Lake, within minutes of Monticello, Bethel Woods, and Port Jervis transit, and just under 2 hours from NYC. Zoning is R2.

Key Highlights

  • Eight independent units across three buildings
  • 1.6‑acre lakefront property with over 175 feet of shoreline
  • 11 total bedrooms, 7 bathrooms, and 8 kitchens

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 12743, NY

347
Population
285
Households
1.2
Avg Household Size
47
Median Age
20%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
46
Density / Sq Mi
$75,848
Median Earnings
$341,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three-building waterfront property with independent units, kitchens, lake views, and sandy beach access.
Where is this multifamily property located?
The property is located at 238 Lakeview Drive Road Highland Lake, NY.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: Eight independent units across three buildings; 1.6‑acre lakefront property with over 175 feet of shoreline; 11 total bedrooms, 7 bathrooms, and 8 kitchens
More about this property
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