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For sale
  • $1,700,000

    127 Highland Lake Road, Highland Lake, NY 12743

    13beds
    10,708sqft
    Loading
    Quadruplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $159/sqft
    $-- HOA

    What's special

    Heated poolPrivate dockStorage shedPrivate set-back setting
    Lakefront. Income-producing. Private dock. Heated pool. Four units. Low taxes. And a front-row seat to some pretty incredible sunrises. Picture this… your morning coffee on your private deck as the sun rises over Highland Lake, followed by a day spent on the water, relaxing poolside, or entertaining lots of friends by the bar and patio. Welcome to a truly special four-unit lakefront property on Highland Lake. Lovingly redone, maintained, and cared for by its current owners for more than 25 years, this property offers the rare opportunity to own a piece of lakefront real estate while generating rental income. Every unit has its own private deck with beautiful lake views, and the property comes with its own private dock on Highland Lake—a fun, motorboat-friendly lake where summer days are meant to be spent cruising, swimming, fishing, and enjoying the water. Take a dip in the heated 16’ x 32’ inground pool, fire up the grill, or gather downstairs around the bar and patio entertaining area. A large circular driveway provides plenty of parking, while the private, set-back setting and storage shed add to the convenience. And then there’s the location. You’re right in the heart of the Sullivan Catskills, close to Bethel Woods, Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, restaurants, recreation, and all the attractions that have made the area such a sought-after destination. Best of all, you’re under two hours from New York City, making this an easy weekend escape or year-round opportunity. This is more than a multifamily property—it’s a lifestyle, an investment, and a place that has been lovingly cared for for generations of lake memories.
    11 days
    476
    24

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Payne Team LLC 845-649-1720,

    Dawn M. Payne 845-649-1720,

    Kristen Payne 845-701-0094,

    Payne Team LLC

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1046688MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Baseboard, Oil
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Laundry Room
      Features
      • First Floor Bedroom, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Wet Bar
      • Flooring: Hardwood
      • Windows: Skylight(s)
      • Basement: Unfinished,Walk-Out Access
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 10,708
      • Total interior livable area: 10,708 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Patio, Porch
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Lake Privileges
      Lot
      • Size: 2.02 Acres
      • Features: Near School, Near Shops
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Parcel number: 340000900001012000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Frame
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Trash Collection Private

      Community & HOA

      Location
      • Region: Highland Lake

      Financial & listing details

      • Price per square foot: $159/sqft
      • Tax assessed value: $270,225
      • Annual tax amount: $8,430
      • Date on market: 9/5/2026
      • Cumulative days on market: 11 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/5/2026Listed for sale$1,700,000$159/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1046688 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12743

        Getting around

        13 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: George Ross Mackenzie Elem Sch
        • Middle: Eldred Junior-Senior High School
        • High: Eldred Junior-Senior High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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