Upstater

The Glen Wilde is a one-of-a-kind vacation hideaway made up of an amazing 1940s stone house PLUS a 17-unit summer bungalow colony privately nestled on 10+ wooded acres just minutes to the hip town of Mountaindale in Sullivan County.

The stone house is newly renovated and offers all the modern amenities one could want, while also blending the history of the home into the design. The bungalows are made up of 17 cabins, 8 of which have been completely renovated into Instagram-worthy spaces offering full kitchens, lofts, ensuites, and so much more. The remaining 9 cabins are just waiting for someone to bring their imagination!

The acreage also offers a creek, mountain view, possibilities for a pool, a large blueberry patch, and walking path that leads into town. The Glen Wilde operates seasonally and the bungalows are not winterized but it is possible to do so.

Being within walking distance to the up-and-coming town of Mountaindale makes the projected 25% cap rate likely conservative. Plus, special attention has been paid to the ease of the transfer of the operation with the sale including the sleekly designed website, Instagram account (14k+ followers), all of the indoor and outdoor furnishings, art, bedding, kitchen supplies, etc, as well as all future confirmed bookings.

Listed by The Upstate Real Estate Team of Keller Williams Realty Hudson Valley North (@upstatecurious).

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