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


Property

Website:https://www.nestseekers.com/4833136
Address:
Thompson, NY 12701
Ownership: For Sale
Type: Unknown
Lot Size: 120.3 Acres

Financials

Price:$2,300,000
Annual Taxes:$16,000

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.

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Century 21 Geba Realty