Rare multi residence property offering exceptional flexibility, income potential, and a picturesque setting on beautifully landscaped grounds with scenic views of a shared pond.


Property

Website:https://www.nestseekers.com/5545929
Address:
New Castle, NY 10562
Ownership: For Sale
Type: Unknown
Bedrooms: 11 BR
Bathrooms: 9
Lot Size: 18.1 Acres

Financials

Price:$1,600,000
Annual Taxes:$37,834

Description

Rare multi-residence property offering exceptional flexibility, income potential, and a picturesque setting on beautifully landscaped grounds with scenic views of a shared pond. Nestled among mature trees and expansive lawns, this unique offering features three separate residential structures situated on one parcel, creating an outstanding opportunity for investors, owner-occupants, multi-generational living arrangements, or those seeking additional rental income. The centerpiece of the property is a stately Center Hall Colonial featuring 4 bedrooms, 4 bathrooms, a finished walkout lower level with recreation room and summer kitchen, and a wraparound porch and patio overlooking the tranquil pond. Enjoy peaceful water views, fishing, canoeing, and the natural beauty of this remarkable setting right from your backyard. A second building offers two residential units. The lower level is configured as a 1-bedroom, 1-bathroom apartment with patio access and pond views. The upper level has been taken down to the studs and presents a value-add opportunity to complete a spacious 2-bedroom, 1-bathroom unit to your specifications. The third building is a two-family residence featuring a spacious 4-bedroom, 2.5-bathroom main unit with porch, plus an additional 1-bedroom, 1-bathroom apartment. Additional highlights include a detached garage, parking for 10+ vehicles, extensive stonework, mature landscaping, and a truly park-like setting surrounding the shared pond. A rare opportunity to own a versatile property with multiple income streams and exceptional outdoor amenities in a highly desirable setting.

Amenities

  • Back Yard
  • Balcony
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Lake
  • Lake Front
  • Part Wooded
  • Paved
  • Pond
  • Private
  • Propane
  • Secluded
  • Trees/Woods
  • Views
  • Water
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Berkshire Hathaway HS NY Prop