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Improved Land for Sale in Margaretville, New York

42565 Route 28, Margaretville, NY 12455

$799,000
23.4 acres
Active sale
ago
Est $4,200/mo

A rare opportunity to acquire and reimagine a 23.38-acre Catskills property with approximately 400 yards of private frontage along the East Branch of the Delaware River - an increasingly scarce combination of land, water access, and existing infrastructure. The river is not simply an amenity here, but a defining feature of the landscape, shaping both the setting and the experience. This is a property with the scale and flexibility to support a destination-driven hospitality concept, integrating recreation, food and beverage, event programming, and lodging in one cohesive setting. What makes this offering uniquely compelling is that the groundwork has already been laid. Over 25 years of ownership, the current operators have developed a fully functioning, multi-revenue property that can be continued, expanded, or repositioned over time. The existing operation includes a 9-hole public golf course (par 29, 1,600 yards, designed by Don Josberger), an 18-hole riverside mini-golf course with full night lighting, and a 275-yard floodlit driving range with 10 mat stations, a grass hitting area, and an adjacent practice green. A gambrel-style clubhouse with overhead doors allows for year-round use of the range and indoor/outdoor flexibility in all weather conditions. The property also features an established BBQ restaurant with two elevated decks overlooking the river and surrounding valley, supporting dine-in service, takeout, and catering. A newly built bar is in place, with a liquor license currently in the works. It is well equipped to host events, including weddings, tournaments, private gatherings, and community functions, with established infrastructure, ample parking, and easy circulation throughout the site. A newly built studio apartment provides accommodation for staff or guests. From here, the possibilities are unusually broad. The land and river frontage lend themselves naturally to cabins, glamping, or other small-scale lodging, while the existing restaurant could be elevated into a more design-forward, day-to-night destination. The river itself offers a natural extension of the guest experience, with opportunities for seating, gathering areas, or a more informal bar setting along the water's edge, as well as access to a prized stretch of the East Branch known for its fishing. The open acreage provides ample space for additional recreational or event-based programming - whether through lawn games, court sports, seasonal offerings, or flexible food and beverage concepts such as pop-ups or visiting operators. There is also potential to introduce technology-enhanced golf or simulator-based experiences, building on the existing range infrastructure. Few properties in the region offer this kind of layered, adaptable setting, with the ability to evolve in stages while maintaining an active business from day one. The location further strengthens the offering. Margaretville and the surrounding area are in a period of steady, thoughtful growth, with an emerging mix of food, beverage, and cultural destinations including Mornings, Rae's, Cafe Marguerite, Oda's Wine Garden, Long Year Gallery, Union Grove Distillery & Arkville Brewstillery, Folsom Point, and The Print House. Within easy reach of Belleayre Mountain and Plattekill, the area attracts a year-round audience drawn by skiing, hiking, fishing, and a growing local scene. For an experienced operator, hospitality group, or investor, this is an opportunity to step into an established platform and shape its next chapter -whether by refining the current business, expanding the guest experience, or repositioning the property over time. The combination of acreage, river frontage, existing revenue streams, and built infrastructure makes this a property that would be difficult to replicate today. A 3D Walkthrough Tour is available in the digital Lookbook or by request.

2,200
Sq feet
1
Full bath
2012
Built

Location

Street address
42565 Route 28
Community
Middletown
School district
Margaretville Central Schools
Elevation
1,337 feet
Coordinates
42.1463, -74.6336

Directions

From NYS Thruway Exit 19 (Kingston), take Route 28 West approx. 44 miles through Arkville. Property is on the right, opposite the Speedway gas station - see sign

Property details

Acreage
23.38 acres
Zoning
BC
MLS #
UCMLS 20262175
Posted

Property taxes

Recent
$4,416

Parcels

  • 284.-1-20

Details and features

Listing

Type
Commercial Sale
Franchise
Coldwell Banker Real Estate

Lot

Waterfront
River Front
Features
Irregular Lot, Level, On Golf Course, Open Lot, Views

Exterior

Features
Barbecue, Lighting

Structure

Stories
2
Water
Well
Sewer
Public Sewer
Heating
Ductless, Electric
Materials
Frame, Steel Siding
Roof
Metal

Interior

Flooring
Carpet, Ceramic Tile, Vinyl
Appliances
Free-Standing Gas Range, Freezer, Ice Maker, Indoor Grill, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan
Accessibility
Accessible Elevator Installed

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
May 7, 2026New listing$799,000UCMLS
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This 23.38-acre property is located at 42565 Route 28 in Margaretville, NY 12455. The property is available for sale for $799,000. It has a 2,200 sq ft structure built in 2012.

Listed by Coldwell Banker Village, (845) 679-2255

Checked 1 hour agoUpdated

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