Wanna Buy a Bungalow Colony?

  |  May 26, 2011

As I mentioned last week, the proverbial one [piece of real estate] that got away for me was a bungalow colony in Sullivan County, put on the market before the real estate balloon of the mid-2000s.

The good news is that there are a number of other colonies and camps for sale upstate–all faring better than the places on Vanishing Catskills–and I came upon Taylored Real Estate in my search for a new property. Not a great UI on the site, but there are a number of colonies, camps, old hotels and resorts for sale. They range from $3.9 million for an old 225-room resort in Liberty, N.Y. (behold the beauty of pink carpets and sky-sized crystal chandelier) to $345,000 for a fixer-upper resort with 10 buildings on 60 acres in Greeneville, NY.

There are plenty of camps and bungalow colonies at prices in between–somewhere between the $1 and $2 million range, which, split among at least 10 folks, hovers in the realm of affordable even for freelance writers. I have yet to find one that I’m willing to drag my pals up to see, but I’ll be looking. Has anybody else considered buying a colony or camp with pals?

Read On, Reader...