New Listing
127 Highland Lake Road,Highland Lake, NY 12743
Highland Lake, NY 12743
Description
Lakefront. Income-producing. Private dock. Heated pool. Four units. Low taxes. And a front-row seat to some pretty incredible sunrises.Picture this... your morning coffee on your private deck as the sun rises over Highland Lake, followed by a day spent on the water, relaxing poolside, or entertaining friends and family by the bar and patio. Welcome to a truly special four-unit lakefront property on Highland Lake. Lovingly redone, maintained, and cared for by its current owners for more than 25 years, this property offers the rare opportunity to own a piece of lakefront real estate while generating rental income. Three of the four units are occupied by reliable, long-term tenants, offering an established income stream. Every unit has its own private deck with beautiful lake views, and the property comes with its own private dock on Highland Lake-a fun, motorboat-friendly lake where summer days are meant to be spent cruising, swimming, fishing, and enjoying the water. Take a dip in the heated 16' x 32' inground pool, fire up the grill, or gather downstairs around the bar and patio entertaining area. A large circular driveway provides plenty of parking, while the private, set-back setting and storage shed add to the convenience. And then there's the location. You're right in the heart of the Sullivan Catskills, close to Bethel Woods, Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, restaurants, recreation, and all the attractions that have made the area such a sought-after destination. Best of all, you're under two hours from New York City, making this an easy weekend escape or year-round opportunity. This is more than a multifamily property-it's a lifestyle, an investment, and a place that has been lovingly cared for for generations of lake memories.
Details
| MLS # | 1046688 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 1 |
| Listing Provided By | Payne Team LLC | Dawn M. Payne |
Features
| Bed(s) | 13 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 10,708 |
| Basement | Y |
| Pool | Yes |
| Units | 4 |
| Acreage | 2.02 |
| Water Front | Yes |
| Property View | Lake |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Oil |
| Interior Features | First Floor Bedroom, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Wet Bar |
| Window Features | Skylight(s) |
Exterior
| Construction Materials | Frame |
|---|---|
| Lot Features | Near School, Near Shops |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Trash Collection Private |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 270225 |
| Tax Annual Amount | 8430.14 |
Area Information
| State | NY |
|---|---|
| County | Sullivan County |
| City | Highland Lake |
| Zip Code | 12743 |
| School District | Eldred Junior-Senior High School |
| Elementary School | George Ross Mackenzie Elem Sch |
| High School | Eldred Junior-Senior High School |
| Listing VS Median (in 12743) | |
Price: $1,700,000 low | high Med: $499,000 sqft: 10,708 low | high Med: 1,632 $ / sqft: $159 low | high Med: $306 On site: 1 low | high Med: 95 | |
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Learn More About This Property
| State | NY |
|---|---|
| County | Sullivan County |
| City | Highland Lake |
| Zip Code | 12743 |
| School District | Eldred Junior-Senior High School |
| Elementary School | George Ross Mackenzie Elem Sch |
| High School | Eldred Junior-Senior High School |
| Listing VS Median (in 12743) | |
Price: $1,700,000 low | high Med: $499,000 sqft: 10,708 low | high Med: 1,632 $ / sqft: $159 low | high Med: $306 On site: 1 low | high Med: 95 | |