Thompson, NY 12701

Property

Ownership: For Sale
Type: Unknown
Lot Size: 120.3 Acres

Financials

Price:$2,300,000
Annual Taxes:$16,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Century 21 Geba Realty

This outstanding development opportunity in the scenic Hudson Valley is ready for its investor.

Description

This outstanding development opportunity in the scenic Hudson Valley is ready for its investor. With over 120 acres, this scenic property features bucolic rolling land and a fabulous pond/lake. 2 dwellings per acre allowed per the town (2 single family homes or 1 duplex per acre) The property is a short walk to Sackett Lake (motorboat lake) and super convenient to Monticello's shopping, Resorts World Casino and Hotel, Monticello Raceway, Kartrite Resort & Waterpark, and the Bethel Woods Center for the Arts. Access to major highways is only minutes away, offering both convenience and connectivity. Several years ago, preliminary approvals were secured for a 300-townhouse development. Though expired, the zoning has not changed, so a similar project should be feasible. Don’t miss this unique opportunity to unlock the full potential of this remarkable property! Property sold as-is. May be developed with additional property MLS 892296. Buyer to do own due diligence.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.