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    Property profile & analytics

    689 Heiden Rd Monticello, NY 12784

    • Commercial real estate
    • 7,600 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 689 Heiden Rd

    Lot size
    5.00 lot acres
    Property size
    7,600 SF
    Property type
    Commercial real estate

    Description

    This exceptional 7,600 square foot property, situated on five acres in Monticello, NY, presents a unique investment opportunity. Ideally located just two miles from Exit 107 off Route 17, across from the HCS Resort (formerly the Raleigh Hotel) and adjacent to Venetian Villas, this property boasts a prime Catskills location with year-round services. The existing structure, a former motel known as the Mountain Pine Motel, offers significant potential for redevelopment or restoration. The building features a 3,700 square foot footprint per floor. The first floor includes a small indoor pool, a library, nine bathrooms, a commercial kitchen, three large rooms (approximately 16' x 22'), and three standard-sized rooms. The second floor comprises fourteen rooms, each with a full bath and a small kitchenette. An outdoor pool complements the existing amenities. The property also enjoys a picturesque setting, backing up to Kiamesha Creek and a tranquil waterfall. Past approvals exist for an expansion of fourteen additional suites. Currently tax-exempt, the property's previous use as a school by a congregation suggests its adaptability to various purposes. Ideal for a camp, motel, or other commercial venture, this property offers the chance to create a dream haven or explore subdivision/development possibilities. The substantial size and prime location make this a truly remarkable opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan County
    State
    New York
    Longitude
    -74.6336
    Latitude
    41.6776

    Comparable in this City

    • Value Estimation
      $275,000
      3,800 SF

      689 Heiden Rd

      MOTEL • 3,800 SF
      689 Heiden Rd, Thompsonville, NY 12784
      View Details
    • Value Estimation by Request
      35.60 Acres

      Heiden Rd

      VACANT COMMERCIAL LAND • 35.60 Acres
      Heiden Rd, Thompsonville, NY 12784
      View Details
    • Value Estimation
      $490,000
      15,026 SF

      501 Thompson Rd

      CAMPGROUND, RV PARK • 15,026 SF
      501 Thompson Rd, Thompsonville, NY 12784
      View Details
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    689 Heiden Rd
    Monticello, NY 12784
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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
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