This high-income generating Luxury Boutique short-term Vacation Rental is on a Picturesque Mediterranean Compound that hosts celebrities, weddings & corporate events generating over $3,000-$10,000 per day minimum with a total of $250k-$260k annually, as of now, on VRBO with an NOI of $185k-$190k scheduled for the 2022 calendar year and growing each year. Lots of supporting documents and proforma. Currently only renting out 30% of total calendar available as it is owner-occupied most of the year. Trailing 48 months financials available. Zoned as a rental, there is an extra building available to expand this property with vendors. Rentals can easily gross over $300k annually as the owner lives here most of the year. The main house sits up a long private driveway high up on a ridge overlooking the Lake of Spruce Run Recreation. Designed with nature in mind both indoors and outdoors are breathtaking, with wide open living spaces of timeless & modern features, massive pool area, gourmet kitchen. A separate matching heated building that is 1,800 sqft with 14' tall unobstructed ceilings. New kitchen bathrooms, roof, water treatment system, and electrons service. Shown as a 5 Bdrm due to master bedroom addition it is sold as a legal 4bdrm house & septic. SEE BUSINESS LISTING MLS# 3799400
Property Type :
Single Family
County :
Hunterdon
Style :
Single Family
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ByOwner last updated this listing 05/15/2024 @ 15:26
MLS: 3792373
LISTED BY: , DAVID M SWEENEY REALTY, LLC
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
