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Residential Compound Value-Add Opportunity
For Sale
$1,750,000

60 Peoples Road, Saugerties, NY 12477

12-acre parcel with development potential near NYS Thruway.

Property Size11,734 SF
Lot Size11.98 Acres
Price / SF$149.14
Days on Market186

Property Features for 60 Peoples Road

General Information

Standard status Active
Size 11,734 SF
Lot size 11.98 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $15,530

Building Details

Year Built 2003
Listing Agency: WIN MORRISON REALTY
Listed By: WINTON MORRISON · License #37MO0764882
Source: Corcoran
Added: Mar 23 Changed: Aug 23 Last Checked: Aug 14 at 6:04AM

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 WIN MORRISON REALTY

Investment Insights

Based on property information with market context.

This approximately 12-acre parcel features a five-building residential compound in a private setting off Peoples Road. One log home is fully operational with utilities in place. Four additional structures, built between 2003 and 2017, are in shell/frame condition, presenting a value-add opportunity for completion and stabilization. The property is serviced by a private well and septic system, with propane tanks installed. The site is well-maintained, featuring established landscaping and a central pond. While some wetlands are present, there is ample usable area for further development or reconfiguration. Zoned GB (General Business), the property allows flexibility for residential, hospitality, or mixed-use projects. Located minutes from the NYS Thruway, the site offers approximately 180-200 feet of frontage along the corridor, providing strong visibility and regional access. The property is ideal for value-add completion and lease-up, a short-term rental or hospitality concept, or redevelopment.

Key Highlights

  • High Visibility: Enjoy ±180‑200 feet of frontage on NYS Thruway.
  • Value‑Add Opportunity: Four unfinished residential structures (built 2003‑2017) are ready for completion.
  • Flexible Zoning: Zoned GB (General Business) allowing for residential, hospitality, or mixed‑use development.

Property Analytics

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Current Use

eLogHomes Construction Company

Suggested Use

Top Pick HVAC Service Real Estate Agency Auto Parts Store Building Supply Plumbing Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 12477, NY

18,559
Population
9,483
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
66.7 sq mi
ZIP Area
278
Density / Sq Mi
$72,353
Median Household Income
$49,357
Median Earnings
$1,239
Median Rent
$292,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - 12-acre parcel with development potential near NYS Thruway.
Where is this commercial land located?
The property is located at 60 Peoples Road Saugerties, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High Visibility: Enjoy ±180‑200 feet of frontage on NYS Thruway.; Value‑Add Opportunity: Four unfinished residential structures (built 2003‑2017) are ready for completion.; Flexible Zoning: Zoned GB (General Business) allowing for residential, hospitality, or mixed‑use development.
More about this property
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