$1,575,000

238 Lakeview Drive Road, Highland Lake, NY 12743

  • 4,762 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon1.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $331/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime Lakefront Investment – 8 Units, 3 Buildings, 1.6 Acres. Bring your vision to this rare vacant lakefront property offering endless potential for redevelopment, repositioning, or value-add investment. Set on a 1.6-acre lot with over 175 feet of shoreline, this multi-structure compound features three separate buildings with eight independent units, each equipped with kitchens and bathrooms. The property has been used as a family retreat and rental destination in the past, but is now ready for a complete update or redevelopment. With 11 total bedrooms, 8 bathrooms, and 8 kitchens, the possibilities are wide open: short-term rentals, long-term rentals, or a full transformation into a boutique resort, wellness retreats, or private family compound. Property Breakdown - Main Lodge: 4 units with private kitchens/baths, multi-level deck overlooking lake, and sandy beach access, Ranch-Style Lodge: 2 units with wraparound veranda. Bungalow: 2 studio-style units with kitchens. Outdoor amenities: Sandy beach, fire pit area, expansive front lawn for recreation. Key Highlights - Vacant & ready for rehab – value-add opportunity with strong upside. Zoned for rental flexibility – long-term or short-term potential. Direct lake frontage with motorboat access – rare in Sullivan County. Panoramic lake views from multiple units and decks. Convenient location within minutes to Monticello, Bethel Woods, Port Jervis transit, and just under 2 hours from NYC. This is a rare lakefront redevelopment play in one of New York’s most sought-after recreational regions. With demand for both vacation rentals and waterfront properties on the rise, investors and developers can capitalize on the location, scale, and flexibility this property offers. Don't miss this opportunity - call today for a private showing.

Listing Status:
Active
Listing Office:
Keller Williams Hudson Valley : 845-610-6065
MLS ID:
903124
  • A/C: None
  • Heating: Electric
  • Originating MLS: onekey2
  • School District: Eldred
  • County: Sullivan County
  • Zoning: R23400-007-0-0001-048-002
  • View: LakePanoramicTrees/WoodsWater
  • Fencing: None
  • Utilities: Propane
  • Water: Well
  • Sewer: Septic Tank
  • Source: onekey2

This listing courtesy of Keller Williams Hudson Valley

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George Ross Mackenzie Elementary School

1045 Proctor Rd, Glen Spey, NY, 12737

Grades PK-6

3.70 miles away

E

Eldred Junior-Senior High School

600 Rt 55, Eldred, NY, 12732

Grades 7-12

1.97 miles away

E

Eldred Junior-Senior High School

600 Rt 55, Eldred, NY, 12732

Grades 7-12

1.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.