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Off market
  • Price Unknown

    15 Us Route 7, Stockbridge, MA 01262

    12beds
    50,000sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,306 Estimated rent

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    What's special

    Currently owned by celebrity filmmakers and a group of famous artists / entrepreneurs including a Director of MassMoca and an owner of a major music / film studios company. 15 Route 7 Stockbridge MA (border of Lenox MA) Some of the images reflect concept art and ideas of what we would like to do on property. The property currently has 10 buildings on it. A 6 acre property with 10 buildings on it on the border of Stockbridge an Lenox on Rt 7 5 minutes to Tanglewood, 5 minutes to Kripalu, 5 minutes to Canyon Ranch Lenox, The owner will pay a high commission to anyone who helps find a tenant, an investor, a partner, or a buyer There are a number of buildings available for rent and for sale on property. The property used to be a hotel, a famous girls dance camp and a theater festival, and many celebrities have lived on property. The best usage for the property is to develop it into 14 to 22 luxury condo homes and to operate them for the new owners as luxury BnB homes generating 8+ million in returns for the investors from the sale of the homes and +350+ thousand dollars each year in BnB fees for the investors from managing the BnB units. We have a luxury boutique hotel chain interested in partnering with us in helping to manage the BnB properties and we have a number of luxury realtors who can help to sell the units. We can also bring a great construction company contractor who can help build out the homes. You could rent buy the entire property or buy it / rent it by building or by land. Long Term leases and rent to own leases available or you can buy parts or the entire property outright. Some of the homes are in move in ready conditions, others require some work, while others require a complete gut renovation. Building out luxury would work well as the area can support this, there are many multimillion dollar homes nearby and there are hundreds of thousands of tourists who come to Lenox / Stockbridge every year who are looking to pay tens of thousands of dollars for a home in these towns. This is one of the best areas in New England - next to 1000 to 2000 dollar a night resorts 6+ ski resorts within a 15 minute drive numerous famous tourist attractions and destinations within a few minutes numerous lake beaches, forests, parks, mountain trails, great nature, waterfalls and more This is an opportunity to rent the entire property, to rent parts of it, or to buy / invest and to build out a beautiful luxury community of luxury condo homes that can be managed as luxury BnBs in the arts, culture, organic life style, wellness and more. Property for sale or for lease to own - can be purchased as one parcel of 6 acres with 10 buildings on it for 1.8 million or can be subdivided and sold by smaller parcel and building You will most likely double or triple your money on this, as we are selling significantly below the market value for Stockbridge / Lenox which are very high. a 2 bedroom apartment in the area is currently selling for over 2.2 million within a 5 minute drive from our property. Please get in touch with us to discuss The property has 10+ buildings on it. Some buildings are in great shape others need work. a 32 bedroom building with a commercial kitchen and large open spaces a large cathedral ceiling theater 2 dance halls a 6 bedroom home a large 2 story barn 2 4 bedrooms 2 1 room cabins a large commercial pool a well and a pump house + another piece of land up on the hill The property is offered to a long term tenant interested in using the property for a long time. The owner is willing to make certain repairs on some of the buildings depending on usage and amount of monthly rent and to give credit on other repairs based on the length of the lease and terms. The property is also available for sale or for partnerships and can be developed into 14 to 22 luxury condo homes for a total revenues of 30 million in sales and 8 million in profit

    Zillow last checked: 12 hours ago

    Listing updated: December 30, 2023 at 05:34am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 10
    • Full bathrooms: 10
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 50,000 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: jacuzzi
    • Has private pool: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Stockbridge

    HOA & financial

    Other fees
    • Deposit fee: $500

    Other

    Other facts
    • Available date: 12/28/2023