Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Catskills Entertainment-Zoned Event Estate Title is generated by Realmo AI

    404 Winter Clove Road, Round Top, NY 12473

    View on Map
    Claim this Listing
    For Sale
    $1,350,000

    COMMERCIAL - Round Top, NY

    Property size:
    6,748 SF
    Lot size:
    6.30 Acres
    Price / SF:
    $200/SF
    Added:
    Nov 28, 2025
    Days on Market:
    165
    Last Refresh:
    May 12 at 6:06 pm

    Property Features for 404 Winter Clove Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    01
    Bathrooms
    7
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 6
    Standard status
    Active
    APN
    192400-135-00-2-12
    Size
    6,748 SF
    Lot size
    6.30 Acres

    Taxes and HOA fees

    Tax Description
    135.00-2-12
    Tax Annual Amount
    33895

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Regina Tortorella
    Regina Tortorella

    Listing agent Regina Tortorella

    Listing office Coldwell Banker Village GreenW 5354 Main Street, Kingston, NY

    Listing date Nov 28, 2025

    MLS# 20255866

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

    HighLights

    • Turnkey, commercially‑zoned estate suitable for events, hospitality, wellness, or creative endeavors.
    • Main Chalet features a 2,500 sq ft commercially‑zoned ballroom with sound optimization.
    • Two residences: a 6,748 sq ft Chalet (6 BR, 7 BA) and a Cape House (3 BR, 2 BA).
    • Located in the Catskills, less than 2 hours from NYC and near Hunter & Windham, with access to the Round Top Trail Network.
    • 6.3‑acre property with mountain views and lawns suitable for events.
    • Includes amenities such as a sauna, hot tub, deck, patio, and garage.

    Overview

    Located in the heart of the Catskills, the Round Top Arts & Retreat House is a 6.3-acre estate with business, hospitality, wellness, and entertainment potential. Situated less than 2 hours from NYC and 30 minutes from Hunter & Windham, the property is positioned at the crossroads of heritage, natural beauty, and modern retreat culture. The area has long been a haven for those seeking mountain air and access to waterfalls and natural swimming holes. The Round Top Trail Network, a public system of paths connecting legacy resorts, begins at the property's edge. The estate is a multi-venue compound with mountain views, suitable for destination weddings, retreat centers, a boutique country inn, music and dance artists, a cultural center, or hospitality entrepreneurs. The main chalet, spanning 6,748 square feet, includes 6 bedrooms and 7 bathrooms, featuring entertaining areas, bedroom suites, and gathering spaces. It also includes a 2,500 sq ft commercially zoned ballroom with sound-optimizing materials, a sauna, hot tub, deck, patio, and a 2-car garage. Large flat lawns offer views of Kiscatom Mountain. A second residence, a Cape House, provides 3 bedrooms and 2 bathrooms, with a kitchen/living combo, offering additional lodging. Zoned Recreation/Entertainment, the property offers scalability for investors, with expansion possible for cabin suites, studio buildings, or wellness-oriented structures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Gym & Fitness Center Hotel & Motel Department Store Bar & Pub Electrical Service Bed & Breakfast Plumbing Service Restaurant Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Round Top
    County
    Greene
    State
    New York
    Longitude
    -74.030126
    Latitude
    42.247788

    Nearby Similar for Sale

    • $289,000
      5,542 SF

      Historic Lodge Property in Catskills

      Expansive property ideal for hospitality or private estate.
      41 County Road 39, Round Top, NY 12473
      View Details
    • $1,350,000
      6,748 SF

      Turnkey Catskills Entertainment Event Estate

      6.3-acre estate with two homes, zoned for entertainment.
      404 Winter Clove Road, Round Top, NY 12473
      View Details

    FAQs

    What type of property is this?
    Hotel - 6.3-acre estate with two homes, ideal for events.
    Where is this hotel located?
    The property is located at 404 Winter Clove Road Round Top, NY.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Turnkey, commercially‑zoned estate suitable for events, hospitality, wellness, or creative endeavors.; **Main Chalet features a 2,500 sq ft commercially‑zoned ballroom with sound optimization.**; Two residences: a 6,748 sq ft Chalet (6 BR, 7 BA) and a Cape House (3 BR, 2 BA).
    (914) 466-0329
    We can help!
    Listing Contact
    Regina Tortorella
    Regina Tortorella
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    404 Winter Clove Road, Round Top, NY 12473
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!