Active

171 Cornell Avenue

Stamford, NY 13788
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Bed 5

Bed

Bath 0

Bath

SqFt6,934

Sqft

Acres2.94

Acres(Lot)

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 f ull 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $529,000

AD Id : 84838898

MLS Id : R1690456

Beds : 5

Lot Size : 2.94 Acres

Living Area Size : 6,934

Year Built : 1886

County : Delaware

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Feature Features

  • Bedroom Information

    Total beds: 5

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Hardwood, Varies
  • Roofing Information

    Membrane, Metal, Rubber, Rolled/Hot Mop
  • Interior Features

    Roof: Membrane, Metal, Rubber, Rolled/Hot Mop Appliances: Convection Oven, Refrigerator, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Propane, Oil, Steam Has Cooling: Yes Cooling: Wall Unit(s)

  • Building Information

    Year Built: 1886 Building Area Total: 6934 Construction Materials: Attic/Crawl Hatchway(s) Insulated, Frame, Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 350X400 Main Square Feet: 2.94 Acres Lot Size Acres: 2.94 Lot Size Square Feet: 128066 Lot Description: Cul-De-Sac, Irregular Lot

  • Listing Price Information

    Listing Price: $529000 Cash, Conventional

  • Tax Information

    Parcel Number: 125201-069-017-0003-022-111 Tax Lot: 22 Annual Tax: $6700

  • Parking Information

    Parking Total: 3 Driveway, No Garage, Gravel

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: Turn onto Cornell Ave. Make left on treelined private road taking you to the large victorian in the center of the cul de sac WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1601 Narrow Notch Road, Stamford, NY, 13788 $524,900 3 2 1,680 1,680 SqFt
61501 State Highway 10, Stamford, NY, 13788 $160,000 5 2 1,896 1,896 SqFt
68 Maple Avenue, Stamford, NY, 13788 $245,000 5 3 2,600 2,600 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/15/2026 @ 18:15

MLS: R1690456 LISTED BY: Ashley O'Malley, Jewett and Jewett LLC 802-578-0731 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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