Generational Re-Development Opportunity. Welcome to the site of the iconic Laurels Hotel! Where once sat an exquisite lakefront hotel and Catskill escape, this gorgeous property is now ready to be re-imagined and redesigned.
Highlighting 324 acres, the property spans the entire north side of Sackett Lake- one of few motorboat lakes in the area- and offers breathtaking water views. The lakefront section of the property has access to municipal sewer with as-of-right capacity for close to 70 homes (see attached concept layout). And SR zoning presents many different options for your development vision to come to fruition. Potential for housing development per the town is 2 dwellings per acre (e.g. 2 single family homes or 1 duplex per acre)
Just 90 miles from NYC, and in close proximity to so many different attractions/activities, including Bethel Woods Center for the Arts, Resorts World Catskills along with "The Monster" Golf course, Legoland, Kartrite Water park and unmatched hiking, biking, boating and fishing, this is a once in a lifetime opportunity to develop a premier residential, recreational, and/or hospitality venture.
Property sold as-is. May be developed with additional property MLS 892293 . Buyer to do own due diligence
Lot/land
$14,000,000
324 Acres Sackett Lake Road, Monticello, NY 12701
--beds
--baths
324.83Acres
Land
Built in ----
324.83 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Breathtaking water views
- 235 days |
- 249 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2026 at 10:56am
Listing by:
Century 21 Geba Realty 845-856-6629,
Evan Mullen 845-665-3043
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 892296
Facts & features
Property
Features
- Has view: Yes
- View description: Lake, Mountain(s), Panoramic, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front, Lake Privileges, Water Access, Waterfront
Lot
- Size: 324.83 Acres
Details
- Parcel number: 484689.043.0000001002.001/0000
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer, Septic Needed
- Utilities for property: Phone Available, Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Monticello
Financial & listing details
- Annual tax amount: $60,000
- Date on market: 8/8/2025
- Cumulative days on market: 235 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Listed for sale | $14,000,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 12701
Nearby schools
GreatSchools rating
- 4/10Kenneth L Rutherford SchoolGrades: 3-5Distance: 0.7 mi
- 3/10Robert J Kaiser Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Monticello High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: George L Cooke School
- Middle: Robert J Kaiser Middle School
- High: Monticello High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 12701
- New York
- Sullivan County
- Monticello
- 12701
- 324 Acres Sackett Lake Road