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Once known as Brookside Cottages, this rare Catskills hospitality compound offers the chance to revive a piece of mountain history in one of the region's most sought-after destinations. Tucked away on approximately 7 acres along scenic Oliverea Road in the heart of Catskills Park, the property is surrounded by the same natural beauty and authentic character that have helped transform neighboring destinations into some of the Catskills' most celebrated retreats.
The offering includes 11 cabin structures containing 16 existing lodging units (converted from 17 and a mix of 1 and 2 bedrooms), a recreation hall/lodge building with garage space, and a larger house structure across the road that should likely be rebuilt rather than restored. Set well back from the road and framed by mature trees, the property is anchored by a stream that winds through the grounds, providing the soothing soundtrack and natural setting that travelers increasingly seek.
Many of the cabins retain vintage details including original cast iron sinks, wood flooring, and the nostalgic charm of a bygone era. While all structures require varying degrees of restoration and modernization, several cabins continue to be enjoyed by the current owners in a camp-style setting, offering a glimpse of the property's enduring appeal. Existing electric service includes multiple separate meters which could facilitate the creation of individual rental units. A spring water source historically served the property, though future ownership may elect to enhance infrastructure through the addition of a well system.
Perhaps most valuable is the existing footprint itself. In an era when creating new hospitality density can be increasingly difficult, Brookside Cottages presents a rare opportunity to restore, reimagine, and elevate an established Catskills destination. The site historically operated as a year-round lodging resort. Boutique hotel operators, wellness retreat developers, hospitality visionaries, and investors will recognize the scarcity of a property offering this combination of acreage, existing accommodations, historic character, and location. And those seeking to increase housing opportunities will also see value in the number of units available.
Positioned near some of the Catskills' most acclaimed lodging destinations and outdoor attractions, the property is ideally suited for a wide range of future concepts--from a restored vintage bungalow colony to a wellness retreat, creative compound, boutique resort, or modern interpretation of the classic Catskills vacation experience.
Properties like this are seldom offered. Rich in history, surrounded by natural beauty, and filled with possibility, Brookside Cottages awaits its next chapter.
note: age of structures and square footage are both approximated.
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $780,000 | $780,000 | $780,000 |
| 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 | $543 | $543 | $543 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,368 | $4,739 | $6,530 |
| Total Monthly Payment | $5,003 | $5,374 | $7,165 |
* 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.