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692-698 Ny-32a, 
Palenville, NY 12463

$795,000


5

Beds


Bath


2,673

Sq Ft


Multi-Family

Active

Listed by

Richard Vizzini

Emily Wagner

Corcoran Country Living

845-684-0304

Last updated:

January 11, 2026, 04:51 PM

MLS#

20250188

Source:

NY MLSUC

About This Home

692-698 Ny-32a

Imagine this: Four individual stand-alone beautifully renovated Catskills cottages on a 1.2 acre parcel with potential for 100,000+ short-term and holiday rental income annually. Nestled in the the heart of historic Palenville, at the Gateway to Ski Country and just down the street from award-winning foodie destination, Circle W Sandwich Shop & General Store. This gorgeous property with breathtaking mountain views and hemmed by a white picket fence and dotted with mature lilacs and mulberry trees, is just a stone's throw to world famous Kaaterskill Falls and public swimming holes, Hunter and Windham Ski Resorts, North/South Lake State Park, and the cultural, culinary and shopping meccas of Woodstock and Hudson. With each cottage offering its own unique charm and character, you can envision a vibrant community of visitors and residents alike, all drawn to the serene beauty and rich history of the Catskills. Whether it's the cozy living spaces beckoning guests after a day of skiing, or the inviting porches perfect for summer evenings spent under the stars, these cottages are designed to be a haven of relaxation and enjoyment. Whether you decide to reside in one of the homes while renting out the others on Airbnb, or leverage all four properties to establish a successful short-term rental business, seize this golden opportunity. For those seeking a more personal touch, the option to create a private retreat for friends and family opens up a world of possibilities. Picture festive gatherings, intimate weekends, or simple moments of tranquility shared with loved ones, all within the picturesque setting of these charming homes. The potential is truly limitless, and with the right vision and care, this unique property can become a cornerstone of cherished memories and successful ventures for years to come.

Home Facts

Multi-Family

5 Bedrooms

Built in 1925

Price Summary

795,000

$297 per Sq. Ft.

MLS #:

20250188

Last Updated:

January 11, 2026, 04:51 PM

Added:

a year ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Interior

Living Area:

2,673 Sq. Ft.


Structure

Structure

Architectural Style:

Cottage

Building Area:

2,673 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

52,272


Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$297 per Sq. Ft.

Source:NY MLSUC
The information being provided by Hudson Valley Catskill Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Hudson Valley Catskill Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.