Multi Family 5+ in Sullivan County
MLS Number | 903124 |
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Address | 238 Lakeview Drive Road, Highland Lake, NY 12743 show map |
Price | $1,575,000 show mortgage calculator |
Acres | 1.6 |
Year Built | 1925 |
Est. Sq. Footage | 0 |
Elementary School | George Ross Mackenzie Elem Sch |
Jr High-Middle School | Eldred Junior-Senior High School |
High School | Eldred Junior-Senior High School |
Estimated Taxes | $11,900 |
Total Apt Units | 8 |
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.

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