324 Acres Sackett Lake Road, Monticello, NY 12701

$12,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$12,000,000
Price Change
▼ $2,000,000 1777609362
Days on Market
358
MLS#
892296
Status
ACTIVE
Lot Size
14149595

Property Description

Generational Re-Development Opportunity. Welcome to the site of the iconic Laurels Hotel! Where once sat an exquisite lakefront hotel and Catskill escape, this gorgeous property is now ready to be re-imagined and redesigned. Highlighting 300+ acres, the property spans the entire north side of Sackett Lake- one of few motorboat lakes in the area- and offers breathtaking water views. The lakefront section of the property has access to municipal sewer with as-of-right capacity for close to 70 homes (see attached concept layout). And SR zoning presents many different options for your development vision to come to fruition. Potential for housing development per the town is 2 dwellings per acre (e.g. 2 single family homes or 1 duplex per acre) Just 90 miles from NYC, and in close proximity to so many different attractions/activities, including Bethel Woods Center for the Arts, Resorts World Catskills along with "The Monster" Golf course, Legoland, Kartrite Water park and unmatched hiking, biking, boating and fishing, this is a once in a lifetime opportunity to develop a premier residential, recreational, and/or hospitality venture. Property sold as-is. May be developed with additional property MLS 892293 . Buyer to do own due diligence

Additional Information

School District
Monticello
Elementary School
George L Cooke School
Middle School
Robert J Kaiser Middle School
High School
Monticello High School
Total Taxes
60000
Waterview
Yes
Sewer
Public Sewer, Septic Needed
Taxes
$60,000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Evan Mullen (evan.c21geba@gmail.com) from Listing Office: Century 21 Geba Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.