315 Thompson Road, Monticello, NY, 12701
About This Home
Location truly is everything. This unique 3-acre corner parcel is zoned Commercial/Industrial and sits at the heart of one of the most dynamic development areas in the Catskills. The property is bordered on all four sides by the 1,700-acre EPR project, home to Resorts World Catskills Casino, The Alder Boutique Hotel, the Monster Golf Course, and the Kartrite Resort & Waterpark. Whether you want to maintain it as a peaceful private residence, operate a retail business, or bring an entirely new vision to life, the possibilities here are exceptional. With its proximity to thousands of annual visitors and abundant nearby lodging, the site is ideal for a restaurant, wedding venue, gas station/convenience store, or virtually any concept the town will approve. Property Highlights: 3-acre corner lot with Commercial/Industrial zoning, Two spring-fed ponds (approx. 8–10 ft deep): Two historic gazebos relocated from the former Concord Resort clubhouse, both with new roofs: Fenced and gated along the front and two sides; Two drilled wells, one dug well, and a septic system; Municipal water and sewer available at the road (town board approval required for connection); Existing Structures - Residence: 1,800 sq ft home with a full basement ready to be finished, Retail Building (2016): 1,025 sq ft commercial space with its own parking lot. Property currently supports both residential living and a separate retail business. Interior showings are limited. This is a rare chance to secure a strategically located property with unmatched visibility and endless potential—whether for personal use, business expansion, or a new commercial venture.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Actual
- Year built: 1951
Materials
- Foundation: Other
- Construction materials: Other
Notable Dates
- Major remodel year: 2007
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Ranch
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Freezer,Gas Range,Microwave,Refrigerator,Stainless Steel Appliance(s)
- Laundry features: Washer/Dryer Hookup
Basement
- Level: Lower
Basement
- Has basement: Yes
- Basement: Full,Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- First Floor Bedroom,First Floor Full Bath,Beamed Ceilings,Ceiling Fan(s),Chefs Kitchen,High Speed Internet,His and Hers Closets,Open Floorplan,Open Kitchen
- Window features: Double Pane Windows
- Flooring: Ceramic Tile,Hardwood,Laminate,Tile
- Fireplace features: Decorative,Gas,Living Room
- Fireplace: Yes
- Attic: Partial,Pull Stairs
Heating & Cooling
- Heating features: Baseboard,Hot Water,Oil,Propane
- Cooling features: None
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Details
- Parcel number: 468901500001020000
- Special condition: None
Features
- Levels: One
- Fencing: Partial,Perimeter
- Has view: Yes
- View description: Open,Trees/Woods,Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Pond,Waterfront
Lot
- Lot size: 3.15 Acres
- Features: Back Yard,Cleared,Corner Lot,Corners Marked,Front Yard,Garden,Landscaped,Level,Near Golf Course,See Remarks,Views
Parking
- Total spaces: 2
- Parking features: Carport,Driveway
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Sullivan County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,941 | $71,292 |
| Home Insurance * | $484 | $5,808 |
| Property Taxes | $1,772 | $21,264 |
| Electricity | $297 | $3,569 |
| Total | $8,494 | $101,928 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for sale | $1,300,000 |
| 2004-03-04 | Sold | $88,000 |
View on Zillow