Positioned in the heart of the Village of Tannersville—across from Rip Van Winkle Lake, Tannersville Park, and the trail system—this historic inn sits on a large, level village lot with municipal water and sewer access, offering endless potential for redevelopment, expansion, or revival as a one-of-a-kind Catskills destination. The property includes the former inn, featuring 15 guest rooms (each with private bath), a 2-bedroom owner's quarters, an expansive bar and lounge, formal dining room, parlor, commercial kitchen, and extensive flat outdoor space ideal for tented events, gardens, or future structures. While the building has sustained freeze damage and will require rehabilitation, its bones and scale lend themselves perfectly to a boutique hotel or retreat concept. Also included is a separate, deeded parcel with a half-acre lot and a 3-bedroom, 2-bath lakeview home—perfect for staff housing, additional rental income, or an on-site owner/operator residence. The home offers direct views of the lake and trail system and adds a valuable layer of flexibility to the offering. With Main Street shops, restaurants, and amenities just a short walk away, and with proximity to Hunter Mountain, North-South Lake, and year-round tourism draw, this compound offers a rare chance to reimagine one of the village's most prominent properties. Ideal for investors, creatives, or hospitality operators looking to create a boutique inn, event venue, wellness retreat, or hybrid live-work-stay model in the Catskills. While the building has sustained freeze damage and is not currently operational, it offers a rare canvas for transformation in one of the Catskills' most beloved mountain towns. With municipal water and sewer in place and plenty of usable outdoor space, the property lends itself to a range of boutique redevelopment concepts—think destination inn with wellness offerings, wedding and retreat venue, food and beverage hub, or a hybrid live-work-stay concept tailored to today's traveler. The flat, open land provides room for expansion—additional guest cottages, artist studios, or spa and event structures could easily be imagined here (subject to approvals). Past uses include an inn, staff housing for ski resorts, public restaurant and bar, Airbnb-style lodging, and an event hall—proving the flexibility and income potential this footprint offers. With its location, scale, infrastructure access, and charm, this is a compelling opportunity to create a signature hospitality experience in the heart of the Catskills.