In a rural corner of the Hudson Valley, a former nudist settlement turned into a waterfront resort is on sale for $ 19.95 million.
If it sells anywhere near that amount, it will explode the current record. The most expensive sale on record in Ulster County is $ 3.25 million, according to listing agent Jason Karadus, co-owner of Corcoran Country Living. And while sales in the area are on the rise, the county’s median second-quarter selling price was $ 327,500, or about 1 / 60th of the purchase price of this estate.
Located in Esopus, New York, about 80 miles north of Manhattan, the gated property known as “Auchmoody” measures 164 acres and once served as a nudist colony and later a dude ranch, Mr Karadus said. Today there is a main house of approximately 7,000 square feet with an expansive deck that spans the private lake of approximately 25 acres. The house has five bedrooms, including two main suites, and all of the main rooms have oversized windows facing the water.
In addition to the main house, the property has several outbuildings including two stone guest rooms, exhibition of marketing material. The larger of the two chalets has a covered porch, an outdoor fireplace and a terrace with access to the lake, which has an artificial waterfall. There is also a caretaker’s house, a three-car garage and a three-storey barn.
The seller is the family of David Maltz, founder of New York-based Maltz Auctions, who bought the property for around $ 900,000 in 1998, according to his son Richard Maltz.
David Maltz passed away in 2015. In 2016, the family completed a major renovation of the main house, which was originally built in 1930, adding approximately 1,500 square feet. Although his company is based on Long Island, “my father finally considered [this] his home, ”said Richard Maltz, who is now Managing Director of Maltz Auctions.
In recent years, Richard Maltz said the family has been using the house less and less. During Covid, they rented it $ 5,000 a night on Airbnb.
They finally decided that the time had come to sell given the high demand for second homes in the area. They chose not to participate in an auction because it seemed “too personal” to them, said Richard Maltz.
Mr. Karadus markets the property with his colleagues Fred Waring and Andrew Harris.
Write to EB Solomont at [email protected]
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