5854 Paradise Valley Rd Road, Cresco, PA 18326
$1,850,000
Property Type:
Commercial Sale
Square Footage:
27,387
Lot Size (sq. ft.):
696,960
Status:
Closed
Current Price:
$1,850,000
List Date:
2/23/2025
Last Modified:
12/08/2025
Overview
Description
Listing Details MLS# PM-122212
General Property Information
- Above Grade Finished Area
- 27387
- Building Area Total
- 27387
- Building Area Source
- Public Records
- Stories
- 2
- Year Built
- 1928
- Year Built Source
- Estimated
- Business Name
- Former Crescent Lodge Resort and Restaurant
- Lot Size Acres
- 16
- List Price/SqFt
- 71.2
- Sold Price/SqFt
- 67.55
Property Features
Listing Terms:
Cash; Conventional
Possession:
Negotiable
Possible Use:
Recreational; Medical/Dental; Multi-Family; Place of Worship; Retail
Business Type:
Bar/Tavern/Lounge; Food & Beverage; Restaurant; Bed & Breakfast; Hotel/Motel; Nursing Home; Gift Shop; Retail; Professional Service
Special Licenses:
Liquor
Building Features:
Equipment Warranty; Fixtures Included; Other
Construction Materials:
Frame
Roof:
Other
Cooling:
Central Air; Ductless; Wall/Window Unit(s)
Heating:
Ductless; Electric; Oil
Sewer:
Septic Tank
Parking Features:
On Site
Lot Features:
Corner Lot
Road Frontage Type:
State Road
Road Surface Type:
Paved; Asphalt
Road Responsibility:
Public Maintained Road
Contract Information
- Property Sub Type
- Business
- Listing Contract Date
- 2025-02-24
- Listing Service
- Full Service
- Lease Considered YN
- No
Location Tax and Legal
- County
- Monroe
- Street Number
- 5854
- Street Name
- Paradise Valley Rd
- Street Suffix
- Road
- City (Post Office)
- Cresco
- State
- PA
- Postal Code
- 18326
Remarks and Miscellaneous
- Public Historical Remarks
- Roof: Ridged, Exterior Amenities: Sign, Miscellaneous: Zoning Code B-2
- Public Remarks
- 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.
Status Change Information
- Purchase Contract Date
- 2025-04-28
- Close Date
- 2025-06-06
- Close Price
- 1850000
More Information
Location, Tax, and Legal
- Parcel Number
- 11.3.1.20
- Municipality
- Paradise Township
- High School District
- Pocono Mountain
- Cnty&Muni Taxes (Legacy)
- 6014.78
- School Tax Amount
- 25407.5
- Tax Annual Amount
- 31422.28
- Tax Assessed Value
- 1141910
- Tax Book Number
- 2637/621
- Zoning Description
- Commercial
Business Type
- Bar/Tavern/Lounge
- Yes
- Food & Beverage
- Yes
- Restaurant
- Yes
- Bed & Breakfast
- Yes
- Hotel/Motel
- Yes
- Nursing Home
- Yes
- Gift Shop
- Yes
- Retail
- Yes
- Professional Service
- Yes
Special Licenses
- Liquor
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Negotiable
- Yes
Possible Use
- Recreational
- Yes
- Retail
- Yes
- Medical/Dental
- Yes
- Multi-Family
- Yes
- Place of Worship
- Yes
Building Features
- Equipment Warranty
- Yes
- Fixtures Included
- Yes
- Other
- Yes
Construction Materials
- Frame
- Yes
Roof
- Other
- Yes
Cooling
- Central Air
- Yes
- Ductless
- Yes
- Wall/Window Unit(s)
- Yes
Heating
- Ductless
- Yes
- Electric
- Yes
- Oil
- Yes
Sewer
- Septic Tank
- Yes
Parking Features
- On Site
- Yes
Lot Features
- Corner Lot
- Yes
Road Frontage Type
- State Road
- Yes
Road Surface Type
- Paved
- Yes
- Asphalt
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Listing Office:
SER Commercial Real Estate, LLC
Last Updated: December - 08 - 2025
Information deemed reliable but not guaranteed.
