A rare hospitality and redevelopment opportunity in the Catskills, 3930 State Route 52 is a former 1949 lodge set on approximately 10.76 acres in Youngsville, just a short drive from Livingston Manor and Bethel Woods Center for the Arts. The substantial approximately 15,000-square-foot main building currently includes income-producing residential apartments, while its third and fourth floors offer an extraordinary amount of additional space already framed with plumbing and electrical infrastructure in place. Originally contemplated for four additional three-bedroom apartments, these upper levels create exciting potential for a larger hospitality program, with approximately 24 guest-room positions possible depending on final configuration and approvals. The property’s history and scale lend themselves naturally to a new generation of Catskills hospitality: a boutique lodge, wellness or creative retreat, event-oriented property, hybrid hotel, or lodging compound. Commercial zoning and municipal water add important flexibility, while approximately three acres of usable level land create further possibilities for outdoor amenities, gathering spaces, cabins, or other complementary development, subject to municipal approvals. Existing improvements include seven residential units totaling 17 bedrooms and 7.5 bathrooms, providing current income while a future owner develops a broader vision. The separate manager/caretaker cottage inlcuded in the count adds operational flexibility. The property also features a creek along the frontage, extensive grounds, and numerous recent capital improvements including newer roofing on several structures. Approximately 10–15 minutes from Livingston Manor and within easy reach of Bethel Woods, the property sits amid one of the Catskills’ most active tourism corridors, with year-round demand driven by dining, outdoor recreation, weddings, cultural events, and weekend travel from the New York metropolitan area. With its historic lodge provenance, substantial existing building envelope, established residential income, commercial zoning, acreage, and considerable unfinished space, 3930 State Route 52 offers the bones of a genuinely distinctive destination property—and a compelling opportunity to reimagine a piece of Catskills hospitality history.