127 Highland Lake Road Highland Lake, NY $ 1,700,000
127 Highland Lake Road
$ 1,700,000
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127 Highland Lake Road

Highland Lake, NY, 12743
$ 1,700,000
Bedrooms13 Baths8.0 Sq 10,708

Monthly Estimate*

$ 10,734

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Multi-Family Home for sale in Highland Lake, NY

for $1,700,000 with 13 bedrooms and 8 full baths. This 10,708 square foot home was built in 1920 on a lot size of 2.02.

Lakefront. Income-producing. Private dock. Heated pool. Four units. Low taxes. And a front-row seat to some pretty incredible sunrises. Picture this… your morning coffee on your private deck as the sun rises over Highland Lake, followed by a day spent on the water, relaxing poolside, or entertaining friends and family by the bar and patio. Welcome to a truly special four-unit lakefront property on Highland Lake. Lovingly redone, maintained, and cared for by its current owners for more than 25 years, this property offers the rare opportunity to own a piece of lakefront real estate while generating rental income. Three of the four units are occupied by reliable, long-term tenants, offering an established income stream. Every unit has its own private deck with beautiful lake views, and the property comes with its own private dock on Highland Lake—a fun, motorboat-friendly lake where summer days are meant to be spent cruising, swimming, fishing, and enjoying the water. Take a dip in the heated 16’ x 32’ inground pool, fire up the grill, or gather downstairs around the bar and patio entertaining area. A large circular driveway provides plenty of parking, while the private, set-back setting and storage shed add to the convenience. And then there’s the location. You’re right in the heart of the Sullivan Catskills, close to Bethel Woods, Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, restaurants, recreation, and all the attractions that have made the area such a sought-after destination. Best of all, you’re under two hours from New York City, making this an easy weekend escape or year-round opportunity. This is more than a multifamily property—it’s a lifestyle, an investment, and a place that has been lovingly cared for for generations of lake memories.

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Multi-Family Active

Price

$ 1,700,000

Bedrooms

13

Full Bath

8

Property Type

Multi-Family

Taxes

$ 8,430

Style

Quadruplex

Lot Size

2.02

Year Built

1920

Town/City

Highland Lake

County/Region

Sullivan

MLS | Web ID

1046688

Features
Interior
Interior Amenities First Floor Bedroom Ceiling Fan(s) Eat-in Kitchen Granite Counters Wet Bar
Basement Unfinished Walk-Out Access
Flooring Hardwood
Fireplace Features Wood Burning Stove
Basement Features Unfinished Walk-Out Access
Basement (Y/N) Y
Window Features Skylight(s)
Fireplace Y/N Y
Total Bedrooms 13
Total Baths 8
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General
Sewer Septic Tank
Heating Baseboard Oil
Cooling Wall/Window Unit(s)
Utilities Trash Collection Private
Patio/Porch Features Deck Patio Porch
Pool Features In Ground
Construction Materials Frame
Year Built 1920
View Lake
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 3400-009-0-0001-012-000
Waterfront Features Lake Front Lake Privileges
County Sullivan County
Property Type Residential Income
Garage Y/N N
Other Structures Outbuilding Shed(s)
Full Baths 8
High School Eldred Junior-Senior High School
City Highland
Senior Community Y/N N
High School District Eldred
Number Of Units Total 4
Carport Y/N N
Elementary School George Ross Mackenzie Elem Sch
Property Attached Y/N N
Tax Annual Amount 8430.14
Middle/Junior High School Eldred Junior-Senior High School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Eldred
Elementary School District Eldred
Tax Assessed Value 270225
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Exterior
Parking Features Driveway Driveway
Water Source Well
Building Area Total 10708
Waterfront Y/N Y
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Internal Only
Street Number 1 127
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* Excluded Features
List By
Dawn M. Payne

Listing Agent

Payne Team Llc

Broker

845-649-1720

Contact

Affordability Calculator

$11,436
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,734
Monthly Property Taxes
$703
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099757 Elementary School
4099403 Middle School
Eldred Junior-Senior High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2026$1,700,000 Listed Price

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127 Highland Lake Road, Highland Lake, NY, 12743 is a Multi-Family Home for sale at $1,700,000 with 10,708 sqft and a lot size of 2.02. 127 Highland Lake Road has 13 bedrooms, 8.0 baths, and was built in 1920. The property's zip code is 12743 which is in Highland Lake, NY