171 Cornell Avenue, Gilboa, NY 13788
Local realty services provided by:CENTURY 21 Jackson Real Estate
171 Cornell Avenue,Stamford, NY 13788
$489,000
- 5 Beds
- - Baths
- 6,934 sq. ft.
- Multi-family
- Active
Listed by: ashley o'malley
Office: jewett and jewett llc.
MLS#:R1690456
Source:NY_GENRIS
Price summary
- Price:$489,000
- Price per sq. ft.:$70.52
About this home
ULTIMATE CATSKILLS HOSPITALITY COMPOUND: 7-ROOM BOUTIQUE HOTEL + 5 INCOME UNITS
Commercial investors and hospitality visionaries, secure a lucrative opportunity in the booming Catskills market. Historically known as the "House on the Hill," this landmark 1886 property spans 3 pristine acres of unrestricted potential in Hobart’s historic Book Village. It delivers an immediate, turnkey income revenue from five completely renovated, fully occupied independent apartments. Massive financial upside awaits an investor ready to more than double this active rental income simply by transitioning these five turnkey units into high-occupancy short-term vacation rentals.
Beyond the steady apartment income, the main building is a hospitality developer’s dream: masterfully reconfigured into seven full hotel rooms, with a private, high-end luxury bathroom added to units. Complete with a large eat-in country kitchen kitchen featuring dual independent ranges, the layout is perfectly curated for an all-inclusive boutique hotel, B&B, or event compound. A massive, permanent profit driver is right at your doorstep: the region's premier wedding industry is booming, and local barn and farm venues draw massive crowds but face a severe lodging shortage. This compound perfectly captures that market as an inclusive event space to host welcome parties, morning-after brunches, & guest lodging. The striking aesthetic and natural light also make it an ideal destination for high-end commercial photoshoots and mid-week corporate retreats looking for a Upstate escape.
The exceptionally guest-friendly layout includes a private rear staircase flowing straight into the kitchen, ensuring maximum privacy for guest groups. The expansive 3-acre grounds offer a magnificent blank canvas to create an enclosed resort compound complete with pathways, fire pits, curated gardens, and offshoot tiny homes or cabin rentals. Positioned in an ever-growing tourist corridor between Margaretville, Delhi & Stamford, the location captures permanent, four-season drivers, sitting directly between 4 premier ski mountains and right off major regional snowmobile trails. Seller is NYS Licensed Real Estate Salesperson...
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Home facts
- Year built:1886
- Listing ID #:R1690456
- Added:95 day(s) ago
- Updated:September 18, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:5
- Flooring:Hardwood, Varies
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:6,934 sq. ft.
Heating and cooling
- Cooling:Wall Units
- Heating:Oil, Propane, Steam
Structure and exterior
- Roof:Membrane, Metal, Rubber
- Year built:1886
- Building area:6,934 sq. ft.
- Lot area:2.94 Acres
- Lot Features:Cul De Sac, Irregular Lot
- Construction Materials:Frame, Vinyl Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$489,000
- Price per sq. ft.:$70.52
- Tax amount:$6,700
Features and amenities
- Appliances:Refrigerator
Parking
- Parking description:Driveway, No Garage
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