94-100 Dingle Daisy Rd - Hospitality FOR SALE


Monticello, NY 12701
$3,500,000 USD
845-397-7768
94-100 Dingle Daisy Rd, Monticello, NY for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

94-100 Dingle Daisy Rd
Monticello, NY 12701


HIGHLIGHTS

  • 239 Acres
  • RR-2 Zoning
  • Private Lake

OVERVIEW

Two parcels totaling 239 acres with a private ~50 acre lake on the property. There is a main house and 18 bungalows on the property, as well as multiple outbuildings. Introducing Dingle Daisy Cottages, one of the last remaining original bungalow colonies in Sullivan County. Publicly offered for sale for the first time, this extraordinary 239+ acre property includes Wildwood Lake, a pristine private lake spanning approximately 50 acres, creating an exceptional setting unlike any other in the region. Currently zoned RR-2, the property features a main residence, 18 bungalows, a casino/recreation building, a garage, and an in-ground swimming pool. The existing bungalow colony use may continue, offering the opportunity to restore, modernize, and enlarge the bungalows while preserving the property's rich history and charm. Beyond its current use, this is an exceptional development opportunity. The property is well suited for redevelopment as a summer camp, retreat, or residential community. Preliminary engineering indicates the potential for 50 or more single-family homes, subject to approvals, making this one of the most significant development parcels available in Sullivan County. With strong demand for bungalow colonies, camps, and residential housing, combined with the rare advantage of a massive private lake, Dingle Daisy Cottages presents a truly unique investment opportunity. Conveniently located in Monticello, just minutes from Resorts World Catskills, Bethel Woods Center for the Arts, The Kartrite Resort & Indoor Waterpark, YO1 Health Resort, golf courses, lakes, shopping, dining, and all of Sullivan County's premier attractions, this is a once-in-a-generation offering with endless possibilities.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$330 USD /SF

# OF ROOMS

19

PRICE/ROOM

$184,211 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dingle Daisy Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

239.1 AC

LAND SF

10,415,196 SF

ZONING

AR

APN/PARCEL ID

4689-059-0-0001-011-000,4689-059-0-0001-013-000

ASK ABOUT THIS PROPERTY

Alan WiederCatskills Home ServicesMore Info
845-397-7768

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Alan WiederCatskills Home ServicesMore Info
845-397-7768

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