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USANYHobart171 Cornell Ave
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171 Cornell Ave, Hobart, NY

House

For Sale

Listed price in listed location currency (USD).
$529,000

540

MLS® R1690543

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 6934 sqft
Garage 
Taxes $6,700
Days Active 0
Lot Size 2.94 Acres
Approx. Age 1886
Avg. Price Per Sqft $76
MLS® Number R1690543

Property Address: 171 Cornell Ave, Hobart, NY, 13788

Average square foot calculated using Size range provided by listing agent.

Description

ULTIMATE CATSKILLS HOSPITALITY COMPOUND: 7-ROOM BOUTIQUE HOTEL + 5 INCOME UNITS Commercial investors and hospitality visionaries, secure a lucrative opportunity in the booming Catskills market. Historically known as the "House on the Hill, " this landmark 1886 property spans 3 pristine acres of unrestricted potential in Hobart’s historic Book Village. It delivers an immediate, turnkey income revenue from five completely renovated, fully occupied independent apartments. Massive financial upside awaits an investor ready to more than double this active rental income simply by transitioning these five turnkey units into high-occupancy short-term vacation rentals. Beyond the steady apartment income, the main building is a hospitality developer’s dream: masterfully reconfigured into seven full hotel rooms, with a private, high-end luxury bathroom added to units. Complete with a large eat-in country kitchen kitchen featuring dual independent ranges, the layout is perfectly curated for an all-inclusive boutique hotel, B&B, or event compound. A massive, permanent profit driver is right at your doorstep: the region's premier wedding industry is booming, and local barn and farm venues draw massive crowds but face a severe lodging shortage. This compound perfectly captures that market as an inclusive event space to host welcome parties, morning-after brunches, & guest lodging. The striking aesthetic and natural light also make it an ideal destination for high-end commercial photoshoots and mid-week corporate retreats looking for a Upstate escape. The exceptionally guest-friendly layout includes a private rear staircase flowing straight into the kitchen, ensuring maximum privacy for guest groups. The expansive 3-acre grounds offer a magnificent blank canvas to create an enclosed resort compound complete with pathways, fire pits, curated gardens, and offshoot tiny homes or cabin rentals. Positioned in an ever-growing tourist corridor between Margaretville, Delhi, and Stamford, the location captures permanent, four-season drivers, sitting directly between 4 premier ski mountains and right off major regional snowmobile trails. Schedule your tour today!
MLS® NumberR1690543
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1886
BasementFull
DrivewayGravel, Unpaved
Garage Spaces
HeatPropane, Oil, Steam
A/CWall Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 14, 2026List Date
$529,000List Price
  • Commute

Commute

Starting Address
Destination Address
171 Cornell Ave, Hobart, NY

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