692-698 Ny-32a, Palenville

$995,000

5 Beds
0 Bath
2,673 Sqft
1.2 Acres
0 Garage

Imagine this: Four individual stand-alone beautifully renovated Catskills cottages on a 1.2 acre parcel with potential for 100,000+ short-term and holiday rental income annually. Nestled in the the heart of historic Palenville, at the Gateway to Ski Country and just down the street from award-winning foodie destination, Circle W Sandwich Shop & General Store. This gorgeous property with breathtaking mountain views and hemmed by a white picket fence and dotted with mature lilacs and mulberry trees, is just a stone's throw to world famous Kaaterskill Falls and public swimming holes, Hunter and Windham Ski Resorts, North/South Lake State Park, and the cultural, culinary and shopping meccas of Woodstock and Hudson. With each cottage offering its own unique charm and character, you can envision a vibrant community of visitors and residents alike, all drawn to the serene beauty and rich history of the Catskills. Whether it's the cozy living spaces beckoning guests after a day of skiing, or the inviting porches perfect for summer evenings spent under the stars, these cottages are designed to be a haven of relaxation and enjoyment. Whether you decide to reside in one of the homes while renting out the others on Airbnb, or leverage all four properties to establish a successful short-term rental business, seize this golden opportunity. For those seeking a more personal touch, the option to create a private retreat for friends and family opens up a world of possibilities. Picture festive gatherings, intimate weekends, or simple moments of tranquility shared with loved ones, all within the picturesque setting of these charming homes. The potential is truly limitless, and with the right vision and care, this unique property can become a cornerstone of cherished memories and successful ventures for years to come.

Essential Information
MLS® #20250188
Price$995,000
Bedrooms5
Bathrooms0.00
Square Footage2,673
Acres1.20
Year Built1925
TypeResidential Income
Sub-TypeMulti Family
StyleCottage
StatusActive
Community Information
Address692-698 Ny-32a
AreaGreene
CityPalenville
CountyGreene
StateNY
Zip Code12463
Amenities
ViewMountain(s)
Interior
AppliancesRefrigerator, Range
HeatingBaseboard, Electric, Oil
Exterior
ExteriorAluminum Siding, Wood Siding
RoofAsphalt, Shingle
ConstructionAluminum Siding, Wood Siding
School Information
DistrictCatskill
Additional Information
ZoningRES 1
Listing Details
AgentRichard Vizzini
Listing Courtesy of Corcoran Country Living
LISTING MAP

Get directions to this property:

Ulster County Board of Realtors Logo The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Flemming Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker.

Copyright © 2025 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.