730 Mill Street, Windham
MLS® # 20260344
Price Cut! Windham Creek Lodge is a proven, income-producing short-term rental generating approximately 70K-80K in annual GCI. The recent price reduction enhances the profit margin while offering additional room to scale and maximize returns. Fully renovated in 2023-2024, this modern multi-family chalet is ideally located just minutes from Windham Mountain Club and Hunter Mountain—positioning it as a go-to destination for visitors seeking a mountain escape only 2.5 hours from the NYC metro area.
The Catskills attract steady demand for skiing, golf, hiking, weddings, cultural events, and quiet escapes from city life. Proximity to ski resorts, golf courses, wedding venues, hiking trails, and Windham Village supports strong year-round occupancy across all seasons.
Designed for flexibility and revenue optimization, the home features two fully self-contained 2-bedroom, 1-bath units, each with open-concept living areas. An interior connecting staircase allows the property to function as two private STR suites or one expansive 4-bedroom retreat, maximizing booking versatility and nightly rate potential.
Completely turn-key and professionally decorated, the home offers new modern furnishings, renovated kitchens and baths, wood flooring, and elegant LED fireplaces in both living rooms—allowing a new owner to step in and operate immediately. Guest-favorite outdoor amenities include a hot tub, fire pit, and expansive wrap-around deck with scenic mountain views—key drivers of 5-star reviews and repeat bookings. Additional conveniences include two laundry areas, dual hot-water heaters, and a dedicated electric vehicle charger, catering to today's travelers. A garage currently being converted into a recreation/theater space adds another high-value amenity for group rentals.
Beyond current performance, the property offers exceptional room to scale and maximize profit. Set on a level 1.30-acre lot, there is ample space to add high-ROI amenities such as a sauna, playground, outdoor kitchen, or enhanced recreation areas, all proven to increase occupancy, length of stay, and average daily rates in the Catskills STR market.
Biggest upside: the property may offer potential subdivision opportunity, subject to town approvals. With access to town water and sewer lines, the right buyer may wish to explore approvals to create a separate ±0.50-acre building lot—unlocking future development value, resale flexibility, or the opportunity for an additional income-producing structure. Buyers should conduct their own due diligence with the Town regarding subdivision and municipal service connections.
Currently generating approximately 75,000-80,000 in annual rental income with a 5-star guest rating, Windham Creek Lodge combines immediate income with long-term scalability.
For the right investor or owner-operator, this is an exceptional opportunity to acquire a high-performing STR in a prime Catskills location—a true year-round destination offering income today and meaningful upside for tomorrow.
A 3D Walkthrough Tour is available in the digital Lookbook or by request from the listing agent.
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Beamed Ceilings, Breakfast Bar, High Speed Internet, Hot Tub, Open Floorplan
Washer/Dryer, Refrigerator, Range Hood, Microwave, Electric Water Heater, Electric Range, Dishwasher
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