Exceptional Multiple Home Investment Opportunity in the Town of Bethel, NY
Discover an incredible commercial offering in the heart of Mongaup Valley, a unique multiple home property ideal for investors, developers, or those seeking to create a lucrative rental portfolio.
Property Highlights:
Multiple Residences: The property features 2 residential homes, all set on spacious grounds with mature trees, privacy, and natural beauty.
Prime Location: Nestled in the scenic Catskills Town of Bethel, just minutes from Bethel Woods Center for the Arts. This property is located right next to a public boat launch on Swinging Bridge Reservoir, which is the largest and most popular lake in Sullivan County. You are also close to White Lake and the Toronto reservoir.
Versatile Investment: Perfect for short-term rentals (Airbnb/VRBO), seasonal retreats, multi-family housing.
Commercial Zoning: Offers potential for mixed-use applications
Infrastructure in Place: Each home is equipped with essential utilities, and many offer recent updates including roofing, heating, and appliances.
Outdoor Amenities: Plenty of open space for recreation, gardens, or potential expansion. Ample parking for residents and guests.
Schedule your private tour today and explore the opportunities this versatile, income-generating property has to offer.
For sale
Price increase: $10K (4/18)
$450,000
5 Plank Road, Mongaup Valley, NY 12762
10beds
4,286sqft
Single Family Residence
Built in 1800
1.4 Acres Lot
$-- Zestimate®
$105/sqft
$-- HOA
What's special
Essential utilitiesAmple parkingSpacious groundsOutdoor amenitiesRecent updatesMature treesNatural beauty
- 11 days
- on Zillow |
- 515 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 10:14am
Listing by:
Rhulen Realty Group LLC 845-794-8000,
Erik J. Rhulen 845-796-6796
Source: OneKey® MLS,MLS#: 829791

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil, Other
Cooling
- Has cooling: Yes
Appliances
- Included: Cooktop, Freezer, Refrigerator
Features
- Other
- Basement: Partially Finished
- Attic: None
Interior area
- Total structure area: 4,286
- Total interior livable area: 4,286 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Garage spaces: 2
- Has carport: Yes
Features
- Patio & porch: Deck
- Has view: Yes
- View description: River, Trees/Woods
- Has water view: Yes
- Water view: River
- Waterfront features: River Access, River Front
Lot
- Size: 1.4 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 200003800002065000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Year built: 1800
- Major remodel year: 2020
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mongaup Valley
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $390,500
- Annual tax amount: $7,524
- Date on market: 3/1/2025
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
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