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OFF-MARKET
Hospitality properties

279 Greenview Dr Saylorsburg, PA 18353

11,900 SF 46.25 ac lot Built 1871
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: A meticulously restored 1871 church, converted into a unique hospitality venue, and eight newly constructed cottages comprise this 46.25-acre Pocono Mountains resort. The property boasts 11,900 square feet of space, offering private rooms, workspaces, communal kitchens, living and game rooms, and sun decks within the historic church. Each of the eight cottages features a fully furnished one-bedroom suite. Nestled on over 46 acres of secluded woodlands, the resort includes a protected trout stream, walking trails, meditation areas, and several ponds/a lake. All septic systems are new and recently inspected. The property is zoned RR-Resort and benefits from existing permits and conservation plans. The asking price is $5,200,000, representing a compelling $436.97 per square foot and an 8.77% cap rate with a current NOI of $456,271. This turnkey operation presents a rare chance to acquire a profitable and idyllic retreat in a highly desirable location. The property features two-story buildings and is located at 279 Greenview Dr, Saylorsburg, PA 18353. APN: 02625800964990 & 02625800862990.

Property profile
Verified
Property type Hospitality properties
Year built 1871
Total area 11,900 SF
Lot 46.25 ac (2,014,650 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Corner at St. Luke's church/house rental, Split Creek Preserve & Resort/Cottages Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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