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5 Beds
4 Baths
6,934 sqft

$449,000

171 Cornell Avenue, Stamford NY, 13788

Price per sqft$64.75
Built in1886
Property size6,934 sqft
Property typeMulti-family

Overview

Active

Listed Jun 14, 2026

Updated 2 weeks ago

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 & right off major regional snowmobile trails. Seller is a NYS Licensed Real Estate Salesperson

$2,987/mo

Est. mortgage payment based on a $449,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
R1690543

Interior Features

Bedrooms
5
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
2.94 Acres

Other Property Details

Taxes
$6,700
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Jewett and Jewett LLC, Ashley O'Malley

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 2:31 PM UTC, 9/21/2026

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