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2480 Paradise Trail, East Stroudsburg, PA 18301 (MLS# PM-42366)

2480 Paradise Trail, East Stroudsburg, PA 18301

$688,000
Property Type: Commercial Sale Square Footage: 130,480 Lot Size (sq. ft.): 2,690,266 Status: Closed
Current Price: $688,000 List Date: 12/23/2016 Last Modified: 2/28/2025

Overview

Description

Former Penn Hills Resort sitting on 61+/- acres on either side of Rte 191 in Stroud Township. Extremely rare, privately owned property that abuts Brodhead Creek which is a classified as a high quality stream, famous for its fly fishing and stocked trout. Property features 12 Townhouses featuring 1 Bedroom triplex suites, 20 Bungalows, 50 Room Hotel w/Tiki Bar and 2nd floor Veranda, 27 2 Bedroom Villas, 20,000 square foot restaurant and catering hall, 20,000 square feet entertainment complex with adjoining offices, 3 Maintenance Sheds, 1 Administrative Building.

Listing Details MLS# PM-42366

General Property Information

Above Grade Finished Area
130480
Building Area Total
130480
Stories
Yes
Year Built
1967
Year Built Source
Other
Lot Size Acres
61.76
List Price/SqFt
6.89
Sold Price/SqFt
5.27

Property Features

Listing Terms: Cash; Conventional; Special Funding Possession: Close Of Escrow Possible Use: Medical/Dental; Multi-Family; Place of Worship Business Type: Restaurant; Bed & Breakfast; Hotel/Motel; Camp Ground; Professional/Office Building Features: Fixtures Included; Other Construction Materials: Brick; Frame Roof: Flat; Other Cooling: Central Air Heating: Electric; Natural Gas; Oil Water Source: Well Sewer: Septic Tank Parking Features: On Site Road Frontage Type: State Road Road Surface Type: Paved; Asphalt Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Business
Listing Contract Date
2016-12-23
Listing Service
Full Service
Lease Considered YN
No

Location Tax and Legal

County
Monroe
Street Number
2480
Street Name
Paradise
Street Suffix
Trail
City (Post Office)
East Stroudsburg
State
PA
Postal Code
18301

Remarks and Miscellaneous

Public Historical Remarks
Roof: Ridged, Level: Multi, Exterior Amenities: Sign, Miscellaneous: Zoning Code Comm
Public Remarks
Former Penn Hills Resort sitting on 61+/- acres on either side of Rte 191 in Stroud Township. Extremely rare, privately owned property that abuts Brodhead Creek which is a classified as a high quality stream, famous for its fly fishing and stocked trout. Property features 12 Townhouses featuring 1 Bedroom triplex suites, 20 Bungalows, 50 Room Hotel w/Tiki Bar and 2nd floor Veranda, 27 2 Bedroom Villas, 20,000 square foot restaurant and catering hall, 20,000 square feet entertainment complex with adjoining offices, 3 Maintenance Sheds, 1 Administrative Building.

Status Change Information

Purchase Contract Date
2017-02-16
Close Date
2017-05-19
Close Price
688000

More Information

Location, Tax, and Legal

Parcel Number
17639300956072
Municipality
Stroud Township
High School District
Stroudsburg Area
Cnty&Muni Taxes (Legacy)
236.56
School Tax Amount
1020.62
Tax Annual Amount
1257.18
Tax Assessed Value
6250
Tax Book Number
2421/9677
Zoning Description
Commercial

Business Type

Restaurant
Yes
Bed & Breakfast
Yes
Hotel/Motel
Yes
Camp Ground
Yes
Professional/Office
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Special Funding
Yes

Possession

Close Of Escrow
Yes

Possible Use

Medical/Dental
Yes
Multi-Family
Yes
Place of Worship
Yes

Building Features

Fixtures Included
Yes
Other
Yes

Construction Materials

Brick
Yes
Frame
Yes

Roof

Flat
Yes
Other
Yes

Cooling

Central Air
Yes

Heating

Electric
Yes
Natural Gas
Yes
Oil
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Parking Features

On Site
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes
Asphalt
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: Coldwell Banker Commercial Pennco R.E.
IDX
Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.