477 Atateka Dr - Hospitality FOR SALE


Chestertown, NY 12817
$7,000,000 USD
747-247-9026
477 Atateka Dr, Chestertown, NY for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/1
null | 6.1% Cap Rate

477 Atateka Dr
Chestertown, NY 12817


HIGHLIGHTS

  • Wellness Resort in the Tranquil Adirondacks

OVERVIEW

This is a hospitality redevelopment opportunity for sale $7,000,000.00 Balsam House Retreat: A Sanctuary in the Adirondacks Nestled deep within the emerald embrace of the Adirondack Mountains, The Balsam House is more than a wellness resort—it's a return to self. Here, beneath towering evergreens and beside mirror-like lakes, the pace of life slows. Guests arrive not to escape the world, but to rediscover their place in it. From sunrise yoga on dew-kissed meadows to guided forest bathing through ancient pines, every experience is designed to reconnect body, mind, and spirit. Our wellness philosophy is rooted in nature’s rhythm—seasonal therapies, locally-sourced botanical cuisine, and elemental spa treatments inspired by earth, air, fire, and water. The retreat's architecture, crafted from reclaimed timber and natural stone, blends seamlessly with its surroundings. Accommodations offer mountain views, wood-burning fireplaces, and silence so profound it becomes its own kind of music. Whether you seek solitude, healing, or inspiration, Balsam House offers a personalized journey. Meditative hikes, artisan workshops, cold plunge rituals, and herbal apothecary sessions—all await those who feel the call of the mountains. This is not just a place. It is a practice. A living rhythm of stillness and strength. Whispering Pines invites you to retreat… and to return renewed.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$378 USD /SF

# OF ROOMS

38

PRICE/ROOM

$184,211 {currency}

CAP RATE

6.1%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Balsam House Inn-Friends Lake

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1890

PARKING SPACES

25

LAND DETAILS

LAND ACRES

19.1 AC

LAND SF

831,996 SF

ZONING

tourism

APN/PARCEL ID

522400-136-002-0001-008-000-0000

ASK ABOUT THIS PROPERTY

John DiGuiseppeInvestors Hospitality ManagementMore Info
747-247-9026

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John DiGuiseppeInvestors Hospitality ManagementMore Info
747-247-9026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.