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
Description
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.
More Information MLS# PM-122212
Contract Information
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Business
Sold Price: $1,850,000
Current Price: $1,850,000
Status: Closed
Listing Contract Date: 2025-02-24
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
General Property Information
Above Grade Finished Area: 27387
Building Area Source: Public Records
Stories: 2
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
Building Area Total: 27387
Year Built: 1928
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.
Business Type
Bar/Tavern/Lounge: 1
Food & Beverage: 1
Restaurant: 1
Bed & Breakfast: 1
Hotel/Motel: 1
Nursing Home: 1
Gift Shop: 1
Retail: 1
Professional Service: 1
Special Licenses
Liquor: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Possible Use
Recreational: 1
Retail: 1
Medical/Dental: 1
Multi-Family: 1
Place of Worship: 1
Building Features
Equipment Warranty: 1
Fixtures Included: 1
Other: 1
Construction Materials
Frame: 1
Roof
Other: 1
Cooling
Central Air: 1
Ductless: 1
Wall/Window Unit(s): 1
Heating
Ductless: 1
Electric: 1
Oil: 1
Sewer
Septic Tank: 1
Parking Features
On Site: 1
Lot Features
Corner Lot: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Asphalt: 1
Road Responsibility
Public Maintained Road: 1
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
Status Change Information
Purchase Contract Date: 2025-04-28
Close Date: 2025-06-06
Close Price: 1850000
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
Listing Office:
SER Commercial Real Estate, LLC
Last Updated: December - 08 - 2025
Information deemed reliable but not guaranteed.
