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Off market
  • $1,429,500

    504-506 Klein Ave, Hunter, NY 12442

    0beds
    3,280sqft
    SingleFamily
    Built in 2007
    -- sqft lot
    $1,429,500 Zestimate®
    $436/sqft
    $5,590 Estimated rent

    Home value

    $1,429,500

    $1.23M - $1.66M

    $5,590/mo

    Zestimate® history
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    Owner options

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    $5,590/mo

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    $5,590/mo

    Rent Zestimate®

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    $9,644/mo

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    $9,644/mo

    Est. payment

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    What's special

    Hunter, NY- Over the past few years, the ecotourism Catskill Mountain town of Hunter has seen significant growth, with Vail Resorts recently purchasing Hunter Mountain, adding an entirely new entrance and trails with an anticipated new base lodge coming shorty, now known as "Hunter West." There has been an extraordinary influx of luxury renters as well in 2020, seeking refuge from the NYC metro area. Right at the base of the mountain lies a one of a kind, 7 bedroom, rustic suite for luxury rentals and/or for a large family mountain getaway. With ski-in ski-out access from the pinnacle condominium, the high-end suite is located just above the Hunter Base Lodge, but offers an incredible insulating layer, so that you can have the ultimate private and peaceful destination, while only being steps away from the amenities of the base lodge and the chairlift. With the lack of true luxury rentals in the area, with the type of offering this luxury property provides, 2020 has been a record year for rental revenue, topping out just over $160,000. It is safe to say that this vacation residence likely produces more revenue than any other in the Hunter area, with 2021 already booking up. The owner of this turn-key rental property will transfer all rentals to the next owner, with the entire business already set up, all completed remotely in just a few hours a week. The current owner initially combined two, three bedroom condos to give his family and guests a 7 bedroom, 4.5 bath, 3,280 square foot masterpiece with optional owner lock out unit. The rustic design is based on a western ski lodge and has been meticulously maintained. The owner has both used the luxury retreat for himself and family when they would like to visit, traveling just over the 2 hours from Manhattan, as well as offering it out as a luxury rental when it is convenient. The next owner will be in a position to continue cashing in and simultaneously enjoying the unit for themselves, as there is a stellar online reputation and high rate of return.There are private reserved parking spaces, a pool, spa and gym membership, elevator, and it is just just steps from the slopes. Accented with meticulous wood craftsmanship, central air, four gas fireplaces, double laundry machines, two decks, this luxury property is currently being offered fully turn-key. This includes the high end furnishings and designer appointments, in addition to the easily managed vacation rental that has been running for over a decade. This investment/recreational retreat is one that will provide the next owner opportunities to enjoy times with family and friends, knowing that the entire property can be paid off and turned for a 100% profit before the kids go away to college, or the time is right to move on the next adventure. The opportunity is grand.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 3,280 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Has view: Yes
    • View description: Mountain
    Details
    • Parcel number: 164.14110.504

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2007

    Community & HOA

    Location
    • Region: Hunter

    Financial & listing details

    • Price per square foot: $436/sqft

    Price history

    DateEventPrice
    4/22/2021Sold$1,195,000-0.4%$364/sqft
    Source: Agent Provided Report a problem
    3/8/2021Pending sale$1,199,500$366/sqft
    Source: NY State MLS #10624102 Report a problem
    3/8/2021Listed for sale$1,199,500$366/sqft
    Source: NY State MLS #10624102 Report a problem
    3/8/2021Pending sale$1,199,500$366/sqft
    Source: LAND DEFINED CORP #10624102 Report a problem
    10/26/2020Listed for sale$1,199,500$366/sqft
    Source: LAND DEFINED CORP #10624102 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 12442

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Hunter

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.