Priced at just $69,000, this 3-bedroom, 2-bathroom fixer-upper offers an intriguing opportunity for investors, flippers, contractors, and ambitious DIY buyers looking for a property with significant potential. Built in 1940 and offering approximately 1,328 square feet of above-ground living space, the home sits on a wooded residential property surrounded by mature trees and natural scenery.
This is not a turnkey home, and the listing makes that clear. The property is being offered as a project that needs substantial work, making it particularly interesting for someone who can see beyond the current condition and transform the existing structure into a comfortable residence.
The photographs show a traditional two-story home tucked into a heavily wooded setting. The house has a simple but appealing exterior, a sloped shingle roof with several roof windows, wood siding, a front lawn area, and a covered porch/deck extending along part of the side of the residence. A separate red outbuilding can also be seen among the trees behind the home, adding character to the overall setting.
A True Renovation Opportunity
The property is being marketed specifically toward investors, flippers, and DIYers. At $69,000, the relatively low purchase price reflects the fact that the home requires extensive renovation and that several major systems need to be investigated and verified.
The listing describes the property as a fixer and states that it is being sold as-is. Buyers should therefore approach the property as a renovation project rather than a move-in-ready residence.
For the right buyer, however, the existing layout and structure provide a foundation on which to build. The home already contains three bedrooms, a full bathroom upstairs, a half bathroom on the first floor, a living room, family room, kitchen, dining area, full basement, and outdoor porch area.
Rather than starting from an empty lot, a buyer has an existing residential structure with established rooms and a traditional layout that can potentially be redesigned and improved.
Peaceful Wooded Setting
One of the property’s biggest advantages is something that cannot be created through a renovation: its natural setting.
The photographs show the home surrounded by mature trees, creating a private and secluded atmosphere. The house sits within a green, wooded landscape, with trees extending around the property and natural vegetation framing the residence.
The lot measures approximately 0.65 acres and is described as wooded, with mountain and tree views. The setting gives the property a distinctly rural and secluded character while still placing it within the broader Catskills region.
The surrounding trees also create a strong seasonal appeal. Spring and summer bring dense green foliage, while autumn can transform the landscape with the changing colors of the Catskills.
Traditional Exterior with Potential to Transform
From the photographs, the home has a classic country appearance. The exterior features muted wood siding, a steeply pitched shingle roof, several roof windows, and red-painted entry doors that add a subtle contrast to the otherwise natural surroundings.
The main structure appears to have a straightforward architectural form that could lend itself well to renovation. The roofline provides visual character, while the windows on the upper roof bring additional natural light into the second-floor areas.
The exterior currently has a weathered, understated appearance, but that also gives a future owner considerable freedom to choose a new exterior style. Depending on the renovation plan, improvements could include updated siding, exterior lighting, landscaping, porch improvements, new windows, or other cosmetic changes.
Covered Porch and Outdoor Living Potential
The home features a front porch and an additional porch/deck area visible along the side of the house. The elevated deck creates a useful transition between the interior and surrounding yard.
The photographs show the porch extending beside the home, with railing and a partially covered structure that gives the property a traditional country-home feel.
After renovation, this space could become a comfortable outdoor sitting area where owners can enjoy the wooded surroundings. Outdoor furniture, lighting, plants, and other improvements could transform the existing porch into a welcoming extension of the home.
Three Bedrooms on the Second Floor
The property includes three bedrooms, all located on the second floor. Having three dedicated bedrooms gives the house a useful residential layout for a future owner or potential resale.
The upstairs level also contains the home’s full bathroom, keeping the sleeping areas together on the second floor.
Because the property is being sold as a fixer, the bedrooms should be evaluated carefully during inspection. Buyers may wish to consider flooring, walls, ceilings, windows, electrical components, insulation, and other improvements as part of their renovation planning.
Full Bathroom Upstairs
The second floor contains the property’s full bathroom. While the listing does not provide extensive details about its current condition or fixtures, its presence is an important part of the existing layout.
A renovation could potentially involve updating the bathroom’s finishes, fixtures, lighting, storage, and other elements. Any remodeling plans should be evaluated against the existing plumbing and applicable building requirements.
Main-Level Half Bathroom
A half bathroom is located on the first floor. This provides useful convenience because residents and guests do not necessarily need to travel upstairs whenever they need access to a bathroom.
The combination of a main-level half bath and second-floor full bath gives the home a practical two-bathroom configuration once renovated.
Traditional Living Room
The first floor includes a dedicated living room, providing the home with a traditional central gathering space.
The room could eventually become a comfortable family living area with seating, entertainment equipment, lighting, and other furnishings selected by the new owner. Its existing placement within the home’s traditional layout provides a useful starting point for renovation.
Separate Family Room
In addition to the living room, the home includes a separate family room. Having two distinct living areas gives the property more flexibility than a simple one-room layout.
Depending on the buyer’s plans, the family room could serve as a second lounge, entertainment room, reading area, home office, recreation space, or guest area.
This additional room could be particularly valuable after renovation because it allows the primary living room and family room to serve different purposes.
Eat-In Kitchen Area
The home also features an eat-in kitchen on the first floor. The existing layout provides a dedicated place for meal preparation and informal dining.
For a renovation-minded buyer, the kitchen could become one of the property’s most significant transformation opportunities. Depending on the condition of the existing structure and utilities, improvements could include cabinetry, countertops, appliances, lighting, flooring, and updated finishes.
The kitchen’s relationship to the dining and living spaces also gives the buyer an opportunity to create a more cohesive first-floor layout during renovation.
Dining Area
A separate dining area is also listed on the first floor. This creates another useful space within the existing floor plan and provides the possibility of maintaining a dedicated dining room rather than relying entirely on the eat-in kitchen.
With the right renovation plan, the dining area could become a comfortable gathering space for family meals and entertaining.
Full Basement with Exterior Bulkhead Access
One of the property’s more important structural features is the full basement. The basement includes exterior Bilco-style bulkhead doors, providing direct access from outside.
Exterior basement access can be particularly useful for moving equipment, storing seasonal items, accessing mechanical systems, or carrying out future renovation work.
The basement currently houses the property’s oil tank. Buyers should have the basement, foundation, oil tank, drainage, moisture conditions, and other mechanical components professionally evaluated before proceeding with a purchase.
Stone Foundation
The home was constructed on a stone foundation, consistent with its 1940 construction. Stone foundations are common in older homes, but their condition is an important consideration when evaluating a renovation property.
A professional inspection should determine the condition of the foundation, including any signs of movement, water intrusion, deterioration, or areas requiring repair.
Wood Flooring and Original Character
Parts of the home feature wood flooring, adding to the property’s traditional character. Depending on its condition, existing wood flooring may be refinished, repaired, or incorporated into a future renovation design.
Preserving original details where practical could help maintain the home’s personality while allowing modern improvements to be introduced throughout the property.
Roof with Multiple Skylights or Roof Windows
The photographs prominently show the home’s steep shingle roof with several roof windows or skylight-style openings. These features provide visual character and can bring additional natural light into the upper level.
The roof and all associated openings should be carefully inspected as part of the renovation process. Any necessary repairs or replacement should be included in the buyer’s renovation budget.
Natural Landscape and Mountain Views
The property is listed as having mountain and trees/woods views. The surrounding landscape visible in the photographs supports this description, with dense woodland immediately around the house.
The natural environment is one of the property’s strongest features. Unlike interior finishes, the surrounding landscape cannot easily be replicated, making the location and wooded setting especially valuable to someone planning to renovate the residence.
The mature trees provide privacy and create a peaceful atmosphere around the home. The property feels separated from busier residential environments, making it potentially appealing as a retreat or year-round country residence.
Red Outbuilding Adds Character
A separate red outbuilding is visible behind the main residence in the photographs. Although the listing does not provide detailed specifications for this structure, its presence adds additional visual interest to the property.
Depending on its actual condition and permitted uses, an existing outbuilding could potentially provide storage or workspace. Buyers should inspect the structure and verify its condition and permitted use during due diligence.
Location in the Catskills
The property’s setting in the Catskills is one of the major reasons this renovation opportunity could attract attention. The listing specifically points to access to outdoor recreation, including hiking, fishing, and mountain activities.
The property is described as being minutes from Belleayre Mountain and Plattekill ski areas, offering access to seasonal recreation in the surrounding region.
For outdoor enthusiasts, the broader Catskills area provides opportunities to enjoy hiking trails, fishing, scenic drives, mountain landscapes, skiing, and other recreational activities.
Nearby Everyday Services
The listing also notes that Margaretville is nearby for groceries, restaurants, and everyday services. This provides an important practical advantage for someone considering the property as a full-time residence or seasonal retreat.
The combination of a secluded wooded home and access to nearby community services can make the property appealing to buyers who want privacy without being completely isolated.
A Strong Candidate for Investors and Flippers
The property is explicitly marketed toward investors and flippers, and its $69,000 asking price creates a different proposition from a typical move-in-ready home.
An investor could potentially evaluate the property based on acquisition cost, renovation expenses, expected finished value, and local market demand. A flipper may see opportunities to modernize the kitchen and bathrooms, improve the exterior, update mechanical systems, and enhance the outdoor spaces.
However, the potential return on investment depends entirely on actual renovation costs, structural conditions, local property values, financing terms, and the eventual resale market. Those factors should be independently evaluated before purchasing.
A Project for a Skilled DIY Buyer
For a capable DIY buyer, the property offers the chance to create a highly personalized home. The existing structure already provides a traditional floor plan with three bedrooms and two bathrooms, while the interior and exterior offer substantial room for improvement.
A buyer could approach the project in stages, prioritizing structural and mechanical work first and then moving toward kitchens, bathrooms, flooring, painting, landscaping, and exterior improvements.
The property’s wooded setting and mountain views could become even more attractive once the house and outdoor areas are refreshed.
Important Utilities to Verify
One of the most important considerations is that several utility details are not clearly specified in the listing. Heating is listed as Other, while water and sewer are also listed as Other. Cooling is listed as None, and no appliances are included.
The listing does mention an oil tank in the basement, but buyers should not assume the complete heating, water, or septic configuration without verification.
Before purchasing, prospective buyers should determine exactly how the property is heated, where the water comes from, how wastewater is handled, and what condition all systems are in.
No Appliances Included
The listing indicates that no appliances are included. This is another factor that investors and renovation buyers should incorporate into their budgets.
A future owner may need to purchase and install kitchen appliances as part of the renovation, along with potentially updating electrical connections, plumbing, cabinetry, and other kitchen components.
Sold As-Is
The property is being offered as-is, making due diligence particularly important. Buyers should understand that the seller is not presenting the home as a finished residence and should budget accordingly.
A professional home inspection, structural evaluation, and examination of the major utility systems can help identify the scope of work required before a buyer commits to the property.
Cash or Rehab Financing Required
The listing indicates that cash or rehabilitation financing is required. This is an important consideration for buyers who may be expecting to use traditional mortgage financing.
Because the property is a fixer-upper, prospective buyers should discuss available financing options with their lender before making an offer. Renovation loans or other specialized financing may be appropriate depending on the buyer’s circumstances and the property’s condition.
What Makes This Property Stand Out
- $69,000 asking price
- 3 bedrooms
- 2 bathrooms
- 1 full bathroom and 1 half bathroom
- Approximately 1,328 square feet
- Approximately 0.65 acres
- Built in 1940
- Fixer-upper with significant renovation potential
- Wooded Catskills setting
- Mountain and woodland views
- Full basement
- Exterior bulkhead/Bilco doors
- Stone foundation
- Wood flooring in parts of the home
- Eat-in kitchen
- Separate dining area
- Traditional living room
- Separate family room
- Front porch
- Wooded outdoor setting
- Additional red outbuilding visible on the property
- Minutes from Belleayre Mountain and Plattekill ski areas according to the listing
- Hiking, fishing, and Catskills recreation nearby
- Nearby access to groceries, restaurants, and everyday services
- No HOA
- Cash or rehab financing required
- Sold as-is
The Biggest Opportunity May Be What Comes Next
This property is not about buying a finished house. It is about buying an opportunity.
The existing home has been standing since 1940 and still offers a functional residential layout with three bedrooms, two bathrooms, multiple living areas, a kitchen, basement, porch, and outdoor space. What it lacks in finished condition, it makes up for with its setting, structure, and potential.
The photographs show a home surrounded by mature woodland and natural beauty. The trees provide privacy, while the open grassy area immediately around the house creates a pleasant contrast to the forest. The covered porch and exterior pathway add to the home’s country character.
With the right renovation plan, the property could potentially be transformed from a dated fixer into a comfortable Catskills residence with a strong connection to the outdoors.
Final Thoughts
At $69,000, this 3-bedroom, 2-bathroom home represents a very different kind of real estate opportunity. It is designed for someone willing to take on a project and invest time, money, and effort into creating something better.
The property offers approximately 1,328 square feet, a wooded setting, mountain views, a full basement, front porch, three upstairs bedrooms, two bathrooms, separate living and family rooms, an eat-in kitchen, and a location surrounded by Catskills recreation.
The strongest appeal is the combination of low entry price and renovation potential. At the same time, buyers must carefully account for the home’s fixer condition, unspecified utility systems, lack of included appliances, and the requirement for cash or rehab financing.
For an experienced investor, contractor, flipper, or DIY buyer who understands renovation projects, this could be an opportunity to take an older country property and give it an entirely new life.
The bones have stood for decades. The next chapter of this property will depend on the vision, budget, and work of its new owner.