1. New York
2. Palenville
3. 574 Route 32a

574 Route 32a, Palenville, NY 12463

• 5,980 sqft

Property Description

This 5.97 acre property is made up of three contiguous parcels along the picturesque Kauterskill Creek near the commercial district of Palenville, NY. All three lots are being sold together. On the first parcel with valuable frontage along 32A, is the former Rainbow Hotel built in 1946 hotel which requires full rehabilitation or to be replaced with a new structure. The second parcel has an existing 3 bedroom cabin and the large open area in front of this cabin has a filled in swimming pool. The third parcel has 11 guest cabins in varying conditions circling around a large open area. As part of your redevelopment plan, and with the necessary approvals, you can join the boutique hotel revolution happening in New York's Hudson Valley or create a rental community. Palenvillas! You can add a direct pathway down to the water to enjoy one of Upstate New York's greatest pleasures, a natural swimming hole! Palenville is in close proximity to Windham, Belleayre, and Hunter Mountains for skiing, hiking and all outdoor sports. It is also close to dining and other area amenities, and the HITS Horse Show grounds. Guests will have a short drive to Saugerties and further on to Woodstock and Kingston. The opportunity to develop this fantastic waterfront property with Route 32A road frontage should not be missed!

Listing Status:

Active

Date Added:

November 4, 2024 at 06:00AM

Listing Office:

Halter Associates Realty : 845-679-2010

Listing Agent:

Richard Stoll : 646-469-6114

MLS ID:

20244394

Construction

• General: Frame

Location

Lot

Utilities

Financial

This listing courtesy of Richard Stoll, Halter Associates Realty