0 Sackett Lake Rd, Forestburgh, NY 12701
Exceptional 325-acre development opportunity in Sullivan County, New York, situated on Sackett Lake Road, Monticello, NY 12701. This expansive property boasts stunning waterfront views and presents a unique chance to create a significant residential, recreational, or hospitality venture. The land is zoned SR (Suburban/Residential) and offers significant potential. A portion of the property, encompassing the north shore of Sackett Lake, has existing access to town infrastructure and sewer, allowing for the development of up to 69 homes as-of-right (per conceptual map). The remaining acreage can be subdivided into lots utilizing septic systems, or further density may be pursued through appropriate applications. This remarkable site represents a generational investment opportunity in the picturesque Catskill region, previously home to the Laurels Hotel and Country Club. Buyers are responsible for conducting their own due diligence. Note: Potential for development may be enhanced by combining this property with MLS 6325195.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.