Historic Luxury Inn in the Catskills
Forestburgh, NY
Offered for sale at $2,880,000
The Inn at Lake Joseph is an historic Select Registry© lodging property located in the heart of the Southern Catskills in Upstate New York. The 17-room Luxury Inn is open year-round in the town of Forestburgh, NY. The property is located in Sullivan County less than two hours from the greater NYC Metropolitan area and features a solid profitability focused on leisure travel, intimate retreats and romantic getaways.
The property consists of four main buildings on 26 gorgeous acres with private lake access. The expansive grounds are abutted on all sides by forests, and feature a seasonal fenced-in heated pool with cabana, guest fire-pit and numerous guest seating areas. The property features access to miles of trails that meander the property and offer guests walking access to The Inn’s private lakefront lot. This area offers a dock and seasonal access to fishing, kayaking and more on Lake Joseph.
The grand Main Inn encompasses roughly 9,500 square feet and features an inviting front parlor, billiards game room, sitting rooms, elegant dining room, expansive enclosed porch which acts as the primary breakfast room, and a seasonal screened in game room. The 2nd floor of The Main Inn offers six guest room along with the main laundry facility and a spare bedroom. The Carriage House offers seven additional premium guest rooms and suites in 4,800 square feet of livable space and The Cottage features 4 additional premium guest units with gorgeous natural wood plank cathedral ceilings, grand fireplaces in natural stone hearths and private decks amongst a host of additional amenities .
The guest rooms at The Inn at Lake Joseph are a major draw with all 17 units offering King or Queen Beds, in-room gas fireplaces, keyless entry, private baths and a host of exemplary guest amenities. Many premium units feature private entrances, in-room coffee stations, 2-person in-room whirlpool tubs, walk-in tiled showers, full kitchens, additional bedrooms, private decks with outdoor furniture and charcoal grills.
The property also offers several different meeting spaces for small corporate retreats or events, an enclosed veranda that seats 30, a private dining room for up to 10, and 3 other casual breakout rooms.
The current owner/innkeepers developed the property into a renowned Catskills luxury Inn, welcoming their first guests in 1984. They have transformed the property into a destination unto itself with flourishing leisure travel throughout the four seasons. The on-site owner’s home. features over 2,500 square feet of living space on two floors with three bedrooms, three full baths, a full kitchen and an unfinished basement.
The Inn at Lake Joseph is located in the heart of the Southern Catskills, a prime tourism destination from the late Spring through Fall with a myriad of outdoor attractions from hiking, mountain biking, world-class fishing, swimming, rock climbing, waterfalls, horseback riding, scenic drives and vistas, kayaking, boating, wildlife viewing and more. The area offers seasonal farmer’s markets, locally sourced restaurants, and is home to excellent cultural draws including The Bethel Woods Performing Arts Center, which brings in year round traffic with a world-class museum, seasonal events and major concerts at their 15,000 capacity Pavilion.
The options for expansion at The Inn at Lake Joseph that include additional buildings or cottages and expanding the event and wedding business would be contingent on HOA and zoning approval. By upgrading to a full commercial kitchen, the property could offer expanded food offerings to guests, weddings and corporate meeting and event guests. The location, outdoor spaces, reputation and physical condition of The Inn at Lake Joseph make it very attractive for new owners to take on a turnkey property with excellent expansion potential.
Financial Details- Offered for sale at $2,880,000
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