333 Rainbow Lodge Rd, Walton, NY, 13856
About This Home
Rainbow Lodge – Luxury Lodge, Restaurant & Income Producing Property Nestled in the heart of the Catskills, Rainbow Lodge presents a rare opportunity to own a fully renovated hospitality retreat with exceptional recreational and income-producing amenities. Set on a stunning property featuring a 7-acre pond and bordering over 500 acres of protected NYC-owned land, this one-of-a-kind destination offers privacy, natural beauty, and endless outdoor opportunities. The property has undergone extensive renovations and upgrades, including a completely updated restaurant and commercial kitchen featuring new hoods, fire suppression system, electrical, plumbing, HVAC, roofing, siding, generator, septic system, security cameras, and commercial-grade kitchen equipment. The dining room, bar, and guest areas have been thoughtfully improved to provide an inviting atmosphere for guests and events. In addition to the lodge and restaurant, the property includes a spacious residence containing three independent apartments, offering multiple streams of income, owner occupancy options, or accommodations for staff and guests. The apartments feature updated kitchens, appliances, laundry facilities, fireplaces, private entrances, and generous living spaces. The picturesque 7-acre pond creates a breathtaking backdrop for weddings, retreats, fishing, kayaking, and year-round enjoyment. Property Highlights Fully renovated lodge and restaurant Commercial kitchen with updated equipment Bar and dining room furnishings included Three separate residential apartments Whole-building LP backup generator Security camera system throughout Spring-fed water system Extensive infrastructure upgrades completed Scenic 7-acre pond Borders 500+ acres of NYC-owned land Ideal for hospitality, events, weddings, retreats, restaurant operation, or investment Whether you’re seeking a turnkey hospitality business, an event venue, or a private Catskills retreat with income potential, Rainbow Lodge offers an extraordinary combination of improvements, natural beauty, and opportunity
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1990
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Exhaust Fan,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Range Hood
Basement
- Has basement: Yes
- Basement: Full,Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Attic,Separate/Formal Dining Room,Country Kitchen,Bedroom on Main Level,Main Level Primary
- Flooring: Hardwood,Luxury Vinyl,Tile,Varies
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Ductless,Oil,Baseboard
- Cooling features: Ductless
Interior Area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Property
Details
- Parcel number: 335.12.12
- Special condition: Standard
Features
- Stories: 3
- Patio & porch: Covered,Deck,Porch
- Exterior features: Dirt Driveway,Deck,Gravel Driveway
- On waterfront: Yes
- Waterfront features: Pond
- Waterbody name: Carcass Brook
- Frontage length: 650
Lot
- Lot size: 36 Acres
- Features: Agricultural,Adjacent To Public Land,Irregular Lot,Secluded
- Lot size dimensions: 1200 x 1600
Parking
- Total spaces: 1
- Parking features: Underground
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Inland Flooding
- Cold Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Delaware 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 | $9,607 | $115,284 |
| Home Insurance * | $762 | $9,144 |
| Property Taxes | $2,200 | $26,400 |
| Electricity | $520 | $6,246 |
| Total | $13,089 | $157,068 |
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 |
|---|---|---|
| 2026-05-31 | Listed for sale | $1,900,000 |
For Sale by Agent
View on Zillow