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Historic Estate with Inn Potential

54-66 Ramble Hill Lane, Millbrook, NY 12545

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Pending

$1,500,000

COMMERCIAL - Millbrook, NY

Property size:

7,330 SF

Lot size:

31.98 Acres

HighLights

Historic Crawford Farm Estate built in 1900: 3‑story 9‑bedroom, 8‑bath mansion awaiting full restoration
Attached 2‑story dormitory wing with 18 rooms, plus a separate 2005‑built 7,330 SF school building with 6 classrooms
Self‑sufficiency features include a 100,000‑gallon water cistern and on‑site water and sewage treatment plants
Hospitality Overlay District approval for inn use: potential up to 40 inn rooms with accessory uses such as restaurant, bar/tavern, spa, gym, and pool
Access from two points: Ramble Hill Lane and College Lane, just minutes from Route 44 and the Taconic State Parkway
Current zoning allows 17 single‑family or two‑family homes

We can help!

Contact an agent

Brian McGrath

Pending

$1,500,000

COMMERCIAL - Millbrook, NY

Property size:

7,330 SF

Lot size:

31.98 Acres

Added:: Dec 12, 2025
Days on Market:: 197
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 54-66 Ramble Hill Lane

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: RM2
Rooms: Basement
Parking features: Parking Lot
Basement: Unfinished
Appliances: Indirect Water Heater
Standard status: Pending
APN: 135889-6764-00-018730-0000
Lot size: 31.98 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 55226

Utilities

Heating system: Hot Water(Heating), Propane (Heating), Oil
Water source: Private

Building Details

Year built: 1900
Floors in Building: 3
Flooring type: Tile, Hardwood
Building materials: Frame

We can help!

Contact an agent

Brian McGrath

Listing agent Brian McGrath License #REB.0791807

Listing office McGrath Realty Inc 14 East Main Street, Suite C, Pawling, NY

Listing date Dec 12, 2025

MLS# 943788

HighLights

Historic Crawford Farm Estate built in 1900: 3‑story 9‑bedroom, 8‑bath mansion awaiting full restoration
Attached 2‑story dormitory wing with 18 rooms, plus a separate 2005‑built 7,330 SF school building with 6 classrooms
Self‑sufficiency features include a 100,000‑gallon water cistern and on‑site water and sewage treatment plants
Hospitality Overlay District approval for inn use: potential up to 40 inn rooms with accessory uses such as restaurant, bar/tavern, spa, gym, and pool
Access from two points: Ramble Hill Lane and College Lane, just minutes from Route 44 and the Taconic State Parkway
Current zoning allows 17 single‑family or two‑family homes

Overview

Located in Millbrook, NY, the historic Crawford Farm Estate spans close to 32 acres and presents an opportunity for transformation. The property is approved for the newly created Hospitality Overlay District, allowing use as an inn. The site has potential for up to 40 inn rooms with accessory uses such as a restaurant, bar/tavern, spa, fitness gym, and swimming pool. Additional possibilities include a single-family residence, bed & breakfast, educational institution, membership club, nursing or convalescent home, stable, corporate or religious retreat, along with the potential for subdivision to further residential development. Current zoning allows for 17 single family or two family homes. The estate features a 3-story, 9-bedroom, 8-bath mansion awaiting full restoration, alongside an attached 2-story, 18-room dormitory wing. A 7,330 SF 6-classroom school building built in 2005 offers opportunities for contemporary repurposing. The estate features a 100,000-gallon water cistern, on-site water and sewage treatment plants, and a recently SPDES-renewed sewage treatment plant. The property has two access points from Ramble Hill Lane and College Lane, and is located minutes from Route 44 and the Taconic State Parkway, with a Metro North train station a 20-minute drive away. Originally crafted in 1900, this estate has served as an agricultural site producing cream cheese and a health services rehabilitation center.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$219.9k	$30.00
− Vacancy	−$23.1k	−$3.15
EGI	$196.8k	$26.85
− OpEx	−$78.7k	−$10.74
NOI	$118.1k	$16.11

7,330 SF · lease $30.00/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$1.69M

$1.48M – $1.97M (±1% cap)

NOI $118,086 @ 7.0% cap · market cap 7.87%

Second Best

Hotel Hospitality

$783.4K

$685.5K – $914.0K (±1% cap)

NOI $54,838 @ 7.0% cap · market cap 3.66%

Theoretical Best

Office A

$2.21M

$1.93M – $2.57M (±1% cap)

NOI $154,452 @ 7.0% cap · market cap 10.30%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Location Insight

Map
Local Demand

City: Millbrook
County: Dutchess
State: New York
Longitude: -73.70745
Latitude: 41.776665

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For sale
Hotels
NY
Millbrook
12545
54-66 Ramble Hill Lane

What type of property is this?

Hotel - 32-acre Millbrook estate approved for hospitality overlay district.

Where is this hotel located?

The property is located at 54-66 Ramble Hill Lane Millbrook, NY.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Historic Crawford Farm Estate built in 1900: 3‑story 9‑bedroom, 8‑bath mansion awaiting full restoration; Attached 2‑story dormitory wing with 18 rooms, plus a separate 2005‑built 7,330 SF school building with 6 classrooms; Self‑sufficiency features include a 100,000‑gallon water cistern and on‑site water and sewage treatment plants

54-66 Ramble Hill Lane, Millbrook, NY 12545

COMMERCIAL - Millbrook, NY

Property Features for 54-66 Ramble Hill Lane

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Ranch Duplex for Renovation

Salt Point Multi-Family Property

Established Millbrook Deli Business

Established Millbrook Restaurant Business

FAQs