$1,491,549*
●
Condo -
Off Market
504-506 Klein Ave
Hunter, NY 12450
Studio
5 Baths,
1
Half Bath
3280 Sqft
$1,080,000 - $1,318,000
Reference Base Price*
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Hunter, NY- Over the past few years, the ecotourism Catskill
Mountain town of Hunter has seen significant growth, with Vail
Resorts recently purchasing Hunter Mountain, adding an entirely new
entrance and trails with an anticipated new base lodge coming
shorty, now known as "Hunter West." There has been an extraordinary
influx of luxury renters as well in 2020, seeking refuge from the
NYC metro area. Right at the base of the mountain lies a one of a
kind, 7 bedroom, rustic suite for luxury rentals and/or for a large
family mountain getaway. With ski-in ski-out access from the
pinnacle condominium, the high-end suite is located just above the
Hunter Base Lodge, but offers an incredible insulating layer, so
that you can have the ultimate private and peaceful destination,
while only being steps away from the amenities of the base lodge
and the chairlift. With the lack of true luxury rentals in the
area, with the type of offering this luxury property provides, 2020
has been a record year for rental revenue, topping out just over
$160,000. It is safe to say that this vacation residence
likely produces more revenue than any other in the Hunter area,
with 2021 already booking up. The owner of this turn-key rental
property will transfer all rentals to the next owner, with the
entire business already set up, all completed remotely in just a
few hours a week. The current owner initially combined two,
three bedroom condos to give his family and guests a 7 bedroom, 4.5
bath, 3,280 square foot masterpiece with optional owner lock out
unit. The rustic design is based on a western ski lodge and has
been meticulously maintained. The owner has both used the
luxury retreat for himself and family when they would like to
visit, traveling just over the 2 hours from Manhattan, as well as
offering it out as a luxury rental when it is convenient. The next
owner will be in a position to continue cashing in and
simultaneously enjoying the unit for themselves, as there is a
stellar online reputation and high rate of return.There are private
reserved parking spaces, a pool, spa and gym membership, elevator,
and it is just just steps from the slopes. Accented with
meticulous wood craftsmanship, central air, four gas fireplaces,
double laundry machines, two decks, this luxury property is
currently being offered fully turn-key. This includes the
high end furnishings and designer appointments, in addition to the
easily managed vacation rental that has been running for over a
decade. This investment/recreational retreat is one that will
provide the next owner opportunities to enjoy times with family and
friends, knowing that the entire property can be paid off and
turned for a 100% profit before the kids go away to college, or the
time is right to move on the next adventure. The opportunity is
grand. Listing brokered by LAND DEFINED CORP
The manager has listed the unit size as 3280 square feet.
The manager has listed the unit size as 3280 square feet.
Unit Size
3,280Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$366
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 9, 2021 | No longer available | - | |
No longer available | |||
Nov 8, 2020 | Relisted | $1,199,500 | |
Relisted | |||
Nov 7, 2020 | No longer available | - | |
No longer available | |||
Oct 27, 2020 | Relisted | $1,199,500 | |
Relisted | |||
Oct 24, 2020 | No longer available | - | |
No longer available |
Show More
Property Highlights
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/08/2019
|
|
Studio
|
4.5 Bath
|
3280 ft²
|
$1,249,000
Studio
4.5 Bath
3280 ft²
|
-
-
|
-
|
Evan Spero
LAND DEFINED CORP
|