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Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PM-122212
Sold Date 04/28/25
Year Built 1928
Annual Tax Amount $31,422
Lot Size 16.000 Acres
Acres 16.0
Lot Dimensions 16.0
Property Sub-Type Business
Source Pocono Mountains Association of REALTORS®
Property Description
Exceptional Investment Opportunity - Seize this rare chance to own the Crescent Lodge, a beloved Pocono destination for 50+ years. Set on 16 pristine level acres in Paradise Valley, this property features 18 private cottages, 12 lodge rooms, spacious dining
room, conference rooms, a charming bar area, large outdoor pool and tennis court. Known for its former renowned restaurant and hospitality, it is also eligible for a hotel ''H'' liquor license, adding significant revenue potential. Not currently operating but endless visionary renovation and expansion possibilities for a boutique resort, event venue, wellness retreat, vacation rentals, housing and a multitude of other uses. NOTE: File photos and renderings may not reflect current conditions.
Location
State PA
County Monroe
Area 16.0
Interior
Heating Ductless, Electric, Oil
Cooling Central Air, Ductless, Wall/Window Unit(s)
Exterior
Parking Features On Site
View Y/N No
Roof Type Other
Building
Lot Description Corner Lot
Sewer Septic Tank
Structure Type Frame
Others
Tax ID 11.3.1.20
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Gregory Vassilatos
PA Realtor and Auctioneer | License ID: RSR000564
PA Realtor and Auctioneer License ID: RSR000564