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    7717 Main St Lanesville, NY 12450

    Sponsored
    For Sale
    $2,250,000

    6-Bedroom Hunter Mountain Hotel

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This stunning, fully furnished 6-bedroom, 6-bathroom hotel in Lanesville, NY, offers 6,000 square feet of luxurious living space across three levels. Renovated in 2019, this stabilized investment property sits on a 0.32-acre lot and boasts impressive amenities including a chef's kitchen, dining room seating for 12, game room, wet bar, hot tub, and gym. Multiple common areas and living rooms provide ample space for guests. The property's prime location at the gateway to Hunter Mountain Ski Resort provides easy access to outdoor recreation and is less than two hours from New York City. The expansive decks offer breathtaking panoramic views of the Schoharie Creek and Hunter Mountain slopes, making it an ideal venue for weddings and large gatherings. This turnkey operation presents a significant income-generating opportunity in the thriving Catskills short-term rental market. The property's elegant design and versatile layout cater to a diverse range of needs, from private getaways to vibrant event spaces. With its proven track record and exceptional location, this is a rare opportunity to acquire a piece of Catskills luxury. The asking price is $2,250,000, with a price per square foot of $375. The property is a single, three-story building.

    Property Features for 7717 Main St

    General Information

    Property type
    Hotels
    Square Feet
    6,000 SF
    Lot Size
    13,939 SF

    Building Details

    Year Renovated
    2019
    Buildings
    1
    Stories
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Lanesville
    County
    Greene
    State
    New York
    Longitude
    -74.2061243
    Latitude
    42.2068271

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    FAQs

    What type of property is this?
    Hotel - 6-Bedroom Hunter Mountain Hotel
    Where is this hotel located?
    The property is located at 7717 Main St Lanesville, NY.
    What is the asking price?
    The asking price for this property is $2,250,000.
    Request Owner's contact information
    7717 Main St Lanesville, NY 12450
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    Lanesville, NY 12450
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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
    7717 Main St Lanesville, NY 12450
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