$799,000
( $363.18Per Sq Foot )
 $4,289 est/mo Sourced by Back At You

42565 Route 28,Middletown, NY 12455

Middletown, NY 12455

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Description

A 23-acre Catskills property with approximately 400 yards of private frontage along the East Branch of the Delaware River, bringing together an established golf and recreational business, food and beverage operations and event capability in a scenic setting. Over more than 25 years of ownership, the current operators have developed a multi-revenue property centered around golf, recreation, food and beverage, and events. The existing operation includes a 9-hole public golf course (par 29, 1,600 yards, designed by Don Josberger), an 18-hole mini-golf course with full night lighting, a 275-yard floodlit driving range with 10 mat stations, a grass hitting area and adjacent practice green, as well as disc golf. At the heart of the property is a gambrel-style clubhouse and established BBQ restaurant, with two elevated decks overlooking the river and surrounding valley. The restaurant supports dine-in service, takeout, and catering, while a full bar with a liquor license complements the operation. The property has hosted events including weddings, tournaments, private gatherings, and community functions, supported by existing infrastructure, ample parking, and easy circulation throughout the site. Additional space within the building offers flexibility for office or administrative use. For a new owner, the opportunity lies in taking an established Catskills recreational and hospitality business and building upon its existing strengths. The combination of golf, mini-golf, driving range, and disc golf creates multiple recreational offerings within a single property, while the restaurant, full bar, outdoor decks, and event capability bring food, beverage, recreation, and hospitality together in one distinctive setting. The location further strengthens the offering. Margaretville and the surrounding area are experiencing a steady evolution, with an emerging mix of food, beverage, and cultural destinations. 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 by refining and enhancing the businesses already in place. A 3D Walkthrough Tour is available in the digital Lookbook or by request.

Details

MLS #995041
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2012
Days On Site139
Listing Provided ByColdwell Banker Village Green | Laura Warren

Features

SQ Feet2,200
Story(s)2
Building(s)1
Acreage23.38
Water FrontYes
Property ViewMountain(s), River, Trees, Woods

Interior

CoolingDuctless
HeatingHeat Pump
AppliancesElectric Water Heater, Exhaust Fan, Freezer, Gas Range, Ice Maker, Refrigerator

Exterior

Security FeaturesOther, Smoke Detector(s)
Construction MaterialsFrame, Other
Foundation DetailsOther
Lot FeaturesBorders State Land, Level, Views, Waterfront

Parking

Parking FeaturesParking Lot

Utilities

UtilitiesElectricity Connected, Phone Connected, Propane, Sewer Connected, Water Connected
Electric200+ Amp Service
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value206400
Tax Annual Amount4416
Tax Lot20

Area Information

StateNY
CountyDelaware County
CityMiddletown
Zip Code12455
Listing VS Median (in 12455)
Price:
$799,000
low | high
Med:
$449,000
93.804755944931% of Average
sqft:
2,200
low | high
Med:
1,848
66% of Average
$ / sqft:
$363
low | high
Med:
$243
83.100899934442% of Average
On site:
139
low | high
Med:
148
93.918918918919% of Average
Sourced by Back At You

Market Activity 12455

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Learn More About This Property

StateNY
CountyDelaware County
CityMiddletown
Zip Code12455
Listing VS Median (in 12455)
Price:
$799,000
low | high
Med:
$449,000
93.804755944931% of Average
sqft:
2,200
low | high
Med:
1,848
66% of Average
$ / sqft:
$363
low | high
Med:
$243
83.100899934442% of Average
On site:
139
low | high
Med:
148
93.918918918919% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $599K - $998K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
42473 State Highway 28 Property Photo 1
$449,000
42473 State Highway 28
Margaretville, NY 12455
Listing Updated: September 22, 2026 at 10:22:13 AM PDT