This stunning property sits on the land of what was once the Grand Hotel. In the late 1800s and early 1900s millions of visitors came by train to escape the hot, New York City summer. Tuberculosis was epidemic, and anyone who could sent their families up for the balsam fresh air and pure water of the Catskills. Of the many hotels, inns and boarding houses, none was grander than the Grand Hotel in Highmount. This magnificent structure was built in 1881 and closed in 1966. It burned down and the current owners purchased it and turned it into The Owl's Nest Restaurant and Lodge. It was a favorite of locals and the ski crowd, as Belleayre Ski Center is directly across the street. The wonderful space that housed the restaurant has a lodge like feel. A step back in time. Everything has been left as it once was. The bar is fully stocked with the original glasses and the commercial kitchen is fully stocked with pots and pans, dishes, etc. The spacious dining room offers stunning views of the Catskill Mountains and the ski trails. The bar area is a step back in time with bar stools, glassware, ashtrays and even a phone booth! A private lounge offers yet another bar, sitting area and the original stone fireplace of the Grand Hotel. Upstairs you will find two ensuite suite bedrooms for guests. The front door off the main dining room will take you out to a deck with magical views of the Catskill Mountains overlooking the Big Indian Valley towards Slide Mountain. The original stonework from the Grand Hotel remains and is stunning. Stone walls, paths, a patio area and the grand front staircase. A separate building was a lodge and offered eight apartments. Both buildings need substantial work to bring them back to life. Given the proximity to Manhattan, minutes to a popular ski resort and close to Woodstock, Kingston and all the Hudson Valley has to offer this is an excellent opportunity to transform it into the venue of your dreams!
The median home value in Shandaken, NY is $378,400. This is higher than the county median home value of $348,000. The national median home value is $338,100. The average price of homes sold in Shandaken, NY is $378,400. Approximately 44.9% of Shandaken homes are owned, compared to 11.19% rented, while 43.91% are vacant. Shandaken real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shandaken real estate agent to arrange a tour today!
Shandaken, New York 12480 has a population of 3,064. Shandaken 12480 is more family-centric than the surrounding county with 33.64% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Shandaken, New York 12480 is $54,700. The median household income for the surrounding county is $71,040 compared to the national median of $69,021. The median age of people living in Shandaken 12480 is 55.6 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 47.4 inches per year, with 57.1 inches of snow per year.