98 Spruce Street, Hunter, NY, 12485 | $829,000

Great investment opportunity in Tannersville, NY featuring two separate residences on one property - ideal for strong rental income, or a live-in-one, rent-the-other strategy. The front home offers eight bedrooms and 2. 5 baths, providing exceptional space for large groups and vacation renters. Inside, you'll find an eat-in kitchen and warm tongue-and-groove knotty pine throughout, creating a classic mountain lodge feel that guests love. A covered front porch, outdoor hot tub, and dedicated fire pit area complete the Catskills experience, making this home highly attractive for short-term rental use. Tucked behind the main home, the rear cottage features two bedrooms and 1. 5 baths, along with an open, spacious kitchen and living area. Beautiful Tongue & Groove Wood Throughout The Premises. A private deck and outdoor hot tub offer additional comfort and privacy, enhancing rental flexibility and income potential. Both homes are connected to municipal water and sewer - a major advantage for ease of maintenance and long-term investment stability. Location is everything, and this property delivers. Just a short drive to Hunter Mountain and Windham Mountain for skiing and snowboarding, close to golf courses, and within walking distance to the Village Lake and Village Park. You're also minutes from shopping, dining, and the vibrant village center of Tannersville. Outdoor enthusiasts will appreciate easy access to North-South Lake and Kaaterskill Falls for hiking, bike trail, camping, and breathtaking scenery. Whether you choose to rent both properties for maximum income or occupy one while generating revenue from the other, this versatile compound offers tremendous Airbnb and long-term rental potential in one of the Catskills' most desirable destinations. - this is a must-see investment property.

Features

  • Rooms: 14
  • Bedrooms: 10
  • Baths: 3 full / 2 half
  • Laundry: In Basement
  • Style: Farmhouse
  • Year Built: 1920
  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)
  • Basement: Exterior Entry, Sump Pump, Unfinished
  • Acreage: 0.5
  • Est. Taxes: $4,711
  • View: Neighborhood, Trees/Woods
  • School District: Hunter-Tannersville
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
  • MLS#: 20260850
  • Days on Market: 76 days
  • Website: https://www.raveis.com
    /prop/20260850/98sprucestreet_hunter_ny?source=qrflyer
Copyright © 2026  Hudson Valley Catskill Region MLS
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
Listing courtesy of Bunce Realty

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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98 Spruce Street, Hunter, NY, 12485

$829,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $663,200 $663,200 $663,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $393 $393 $393
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,714 $4,030 $5,552
Total Monthly Payment $4,199 $4,515 $6,037

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.