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This high-income generating Luxury Boutique short-term Vacation Rental is on a Picturesque Mediterranean Compound that hosts celebrities, weddings & corporate events generating over $3,000-$10,000 per day minimum with a total of $250k-$260k annually, as of now, on VRBO with an NOI of $185k-$190k scheduled for the 2022 calendar year and growing each year. Lots of supporting documents and proforma. Currently only renting out 30% of total calendar available as it is owner-occupied most of the year. Trailing 48 months financials available. Zoned as a rental, there is an extra building available to expand this property with vendors. Rentals can easily gross over $300k annually as the owner lives here most of the year. The main house sits up a long private driveway high up on a ridge overlooking the Lake of Spruce Run Recreation. Designed with nature in mind both indoors and outdoors are breathtaking, with wide open living spaces of timeless & modern features, massive pool area, gourmet kitchen. A separate matching heated building that is 1,800 sqft with 14' tall unobstructed ceilings. New kitchen bathrooms, roof, water treatment system, and electrons service. Shown as a 5 Bdrm due to master bedroom addition it is sold as a legal 4bdrm house & septic. SEE BUSINESS LISTING MLS# 3799400
Similar Listings
$2,200,000
4,590 Sq ft
CONTRACT
MLS# 2304811R

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Copyright © 2022 Garden State Multiple Listing Service, L.L.C. All rights reserved. Updated: 8th June, 2023 4:48 AM (UTC)
The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Copyright © 2022 Garden State Multiple Listing Service, L.L.C. All rights reserved. Updated: 8th June, 2023 4:48 AM (UTC)
Listing Office: DAVID M SWEENEY REALTY, LLC