• Buy
  • Rent
  • Sell
  • Agents
New DevelopmentWorld of Elliman
The latest in luxury property, lifestyle & culture, curated just for you.

Company

  • About Us
  • Leadership
  • Offices
  • Press & News
  • Elliman Cares
  • Join as an Agent
  • Careers
  • Elliman Global
  • Investors

Resources

  • World of Elliman
  • Elliman Insider
  • Magazines
  • Market Reports
  • Research Reports
  • Elliman Private Listings
  • New Elliman Exclusives
  • Featured Cities
  • Guides to Buying & Selling

Brand Portfolio

  • New Development
  • Commercial
  • Relocation
  • Sports & Entertainment
  • Farm & Ranch
  • Building Broker Specialists
  • Title Services
  • Estate, Trust & Probate

  • California
  • Colorado
  • Connecticut
  • Florida
  • Massachusetts
  • Mid-Atlantic
  • Nevada
  • New Jersey
  • New York
  • New York City
  • Texas
  • Vermont
  • Site Map
  • Terms
  • Privacy
  • Cookie Preferences
  • Do Not Sell or Share My Personal Information
  • NYS Housing Discrimination Disclosure Notice & Form
  • NYS Standard Operating Procedure
  • NYS Tenants' Rights to Reasonable Accommodations for persons with disabilities
  • California Consumer Privacy Act Notice
  • Texas Consumer Protection Notice
  • Texas Real Estate Commission Information About Brokerage Services
  • Text of NYC Human Rights Law
  • New York City Commission on Human Rights
  • NYC Source of Income Discrimination Information
  • NYC Source of Income Discrimination Tenant FAQs

THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2026 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. LISTING DATA REFRESHED ON MAY 26 2026 AT 5:23 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

SCAMMERS ARE IMPERSONATING REAL ESTATE AGENTS AND USING ACTIVE LISTINGS TO REQUEST FAKE DEPOSITS. SHOULD YOU HAVE A QUESTION ABOUT THE LEGITIMACY OF A DOUGLAS ELLIMAN AGENT OR LISTING, PLEASE CONTACT THE AGENT DIRECTLY VIA THE “AGENTS” LINK IN THE TOP MENU. DOUGLAS ELLIMAN WILL NEVER ASK FOR ANY PAYMENT TO RESERVE, HOLD, OR VIEW A PROPERTY. THESE CHARGES ARE PROHIBITED UNDER NEW YORK LAW. IF YOU RECEIVE A SUSPICIOUS REQUEST FOR MONEY, DO NOT SEND FUNDS. REPORT IT TO THE NYS DEPARTMENT OF STATE AND NOTIFY DOUGLAS ELLIMAN. YOU CAN READ THE NEW YORK STATE DEPARTMENT OF STATE'S CONSUMER ALERT HERE.

This website has been translated using automated software for convenience. While reasonable efforts have been made to ensure accuracy, machine translation may contain errors and is not a substitute for human translation. Translations are provided “as is,” without any express or implied warranty regarding their accuracy, reliability, or completeness. Some content (including images or videos) may not be translated accurately. The official version of this website is the English version. Any discrepancies in translation are not binding and have no legal effect; the English version controls.

POWERED BY PURLIN.AI

42565 Route 28

middletown, NY 12455

$799,000

    Interested? Let's Connect

    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, Café 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.

    Details

    2,200 Sq Ft

    23.38 Private Acres Lot Size

    commercial

    $368 Monthly Tax

    Built in 2012

    MLS/Listing ID 995041

    Amenities & Features

    Cooling - Ductless

    Construction - Frame

    Electric Water Heater

    Exhaust Fan

    Freezer

    Gas Range

    Ice Maker

    Refrigerator

    Accessible Elevator Installed

    River Front

    Mountains View

    River View

    Trees Woods View

    Parking - Parking Lot

    Lot - Borders State Land

    Lot - Level

    Lot - Views

    Lot - Waterfront

    Heating - Heat Pump

    Carpet

    Ceramic Tile

    Vinyl

    Well

    Public Sewer

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

    HOME PRICE
    DOWN PAYMENT
    TERM
    INTEREST

    Interested In 42565 Route 28?