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Residential Income Compound

589-595 Plank Road Mount Tremper, NY 12457

589-595 Plank Road, Mount Tremper, NY, 12457
$2,175,000
For Sale
$2,175,000

Historic 1870s farmhouse compound with direct Esopus Creek water frontage and multiple on-site buildings, including apartments and studios.

Property Size4,000 SF
Lot Size5.00 Acres
Price / SF$543.75
Days on Market81

Property Features for 589-595 Plank Road

General Information

Standard status
Active
Size
4,000 SF
Lot size
5.00 Acres
Property subtype
Triplex

Building Details

Year Built
1870
Listing agency Greene Realty Group
Listed by Derek J. Greene · License #10371200613
Source Compass
Added: May 2 Updated: Jul 21 at 5:58AM Checked: Jul 21 at 5:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greene Realty Group


Investment Insights

Based on property information with market context.

Set on 5+ park-like acres, this meticulously renovated 1870s farmhouse compound includes ten distinct buildings designed for flexible living and income potential. The main residence features new architectural shingles and premium red cedar shakes, a gourmet kitchen with volume ceilings, granite countertops, stainless appliances, and a greenhouse window, plus living spaces with pine and oak flooring, skylights, and an enclosed heated porch. Additional main-level amenities include a guest bedroom with a private sauna, a full bath, and a large laundry room, while the second floor provides three bedrooms and a children’s library and the third floor is dedicated to a private master suite. A full-property standby generator supports the property.

A secondary building offers two apartments and extensive workspace, including a one-bedroom unit with eat-in kitchen and studio/office space plus a deep one-car garage, and a second bright one-bedroom with cathedral ceilings, gas fireplace, private deck, and attic storage, along with four garages and a woodworker’s shop. The property also includes a recording/yoga studio with a mini-split, a dedicated 12' x 20' climate-controlled office with tiled floors and gas heat, and a woodland workshop with private outdoor space. Outdoor amenities include a 20' x 40' inground pool, a 50' deck, and a heated pool house with a changing room and composting bath. Most buildings feature matching cedar shakes and new roofing, with metered LP gas, spring water, and a CWC septic system reported to cover half the cost of maintenance every three years. The estate is described as once owned by George Reeves and is positioned as a recreational area with nearby bus stations for access.

Key Highlights

  • Historic 1870 farmhouse compound with primary on main and full walk‑out basement (full, unfinished, walk‑out access).
  • Direct Esopus Creek water frontage with beach‑front waterfront and creek access; west‑facing property.
  • 5+ acres with 10 distinct buildings, offering multi‑generational or multi‑unit potential across main residence, duplex, and studios.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Building Supply Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center Spa & Massage Center Travel Agency Cosmetic Store Clothing & Fashion Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Triplex - Historic 1870s farmhouse compound with direct Esopus Creek water frontage and multiple on-site buildings, including apartments and studios.
Where is this triplex located?
The property is located at 589-595 Plank Road Mount Tremper, NY.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Historic 1870 farmhouse compound with primary on main and full walk‑out basement (full, unfinished, walk‑out access).; Direct Esopus Creek water frontage with beach‑front waterfront and creek access; west‑facing property.; 5+ acres with 10 distinct buildings, offering multi‑generational or multi‑unit potential across main residence, duplex, and studios.
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