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Susan Schefler
REALTOR®
(516) 244-6712
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127 Highland Lake Road , Highland Lake, NY 12743

$1,700,000
  • 127 Highland Lake Road , Highland Lake, NY 12743 Main Photo

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New to the Market Active
BEDS13 BATHS8 full MLS#1046688
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLEldred

Property Description

Lakefront. Income-producing. Private dock. Heated pool. Four units. Low taxes. And a front-row seat to some pretty incredible sunrises.Picture this... your morning coffee on your private deck as the sun rises over Highland Lake, followed by a day spent on the water, relaxing poolside, or entertaining friends and family by the bar and patio. Welcome to a truly special four-unit lakefront property on Highland Lake. Lovingly redone, maintained, and cared for by its current owners for more than 25 years, this property offers the rare opportunity to own a piece of lakefront real estate while generating rental income. Three of the four units are occupied by reliable, long-term tenants, offering an established income stream. Every unit has its own private deck with beautiful lake views, and the property comes with its own private dock on Highland Lake-a fun, motorboat-friendly lake where summer days are meant to be spent cruising, swimming, fishing, and enjoying the water. Take a dip in the heated 16' x 32' inground pool, fire up the grill, or gather downstairs around the bar and patio entertaining area. A large circular driveway provides plenty of parking, while the private, set-back setting and storage shed add to the convenience. And then there's the location. You're right in the heart of the Sullivan Catskills, close to Bethel Woods, Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, restaurants, recreation, and all the attractions that have made the area such a sought-after destination. Best of all, you're under two hours from New York City, making this an easy weekend escape or year-round opportunity. This is more than a multifamily property-it's a lifestyle, an investment, and a place that has been lovingly cared for for generations of lake memories.

127 Highland Lake Road | MLS# 1046688

This multi-family property located at 127 Highland Lake Road , Highland Lake, NY 12743 is currently listed for sale with an asking price of $1,700,000. Highland Lake Road is located within the Eldred school district. Search Highland Lake real estate on www.susanschefler.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Walk-Out Access
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Oil
Lot Size: 2.02 Acres
Taxes: $8,430
Year Built: 1920

Amenities

First Floor Bedroom
Ceiling Fan(s)
Eat-in Kitchen
Granite Counters
Wet Bar

Feature Descriptions

Building Area Total: 10708
Exterior: Frame
Fireplace Features: Wood Burning Stove
Fireplace Y/N: Yes
Flooring: Hardwood
Laundry: Laundry Room
Lot Features: Near School, Near Shops
On Market Date: 2026-09-05
Other Structures: Outbuilding, Shed(s)
Parcel Number: 3400-009-0-0001-012-000
Parking Features: Driveway
Patio And Porch: Deck, Patio, Porch
Pool Features: In Ground
Rental Term: Monthly
Sewer: Septic Tank
Skylight: Y
Special View Info: Lake
Swimming Pool: Yes
Units: 4
Utilities: Trash Collection Private
Water: Well
Waterfront Features: Lake Front, Lake Privileges
Window Features: Skylight(s)

Local Schools

High School: Eldred Junior-Senior High School
Middle School: Eldred Junior-Senior High School
Elementary School: George Ross Mackenzie Elem Sch
School District: Eldred

Estimate Your Payment

Estimated Payment

$ 9,794.46 per month $8,596.13 Principal & Interest $702.50 Property Tax $495.83 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: Payne Team LLC
Agency Contact: 845-649-1720

agent picture

Shown By

Agent Name: Susan Schefler
Agent Phone: (516) 244-6712
Agency Title: Coldwell Banker American Homes

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