62 Old Glenham Rd Glenham, NY 12527

This exceptional 22.26-acre estate in Dutchess County, NY, presents a remarkable development opportunity. Priced at $1,850,000, the property includes four existing single-family homes situated on five parcels (APN: 1) #907453, 2) #914434, 3) #888412, 4) #880479, 5) #923470), totaling 9,396 square feet of net rentable space. The homes are in varying conditions, offering flexibility for renovation or redevelopment. Zoned R-20 for one-family residences, the land allows for diverse residential projects, including luxury estates, gated communities, or a mix of single-family and multi-family dwellings. The property boasts a prime location less than two miles from Beacon's Main Street and less than 1.5 miles from Route 52 and the I-84 interchange, providing easy access to amenities and major transportation routes. On-site water supply and nearby municipal sewer lines along Route 52 further enhance development feasibility. The property's southern exposure offers stunning views of Mount Beacon, and its dense hardwood forest provides a serene setting. This unique offering combines existing structures with significant development potential in a high-demand area with strong growth prospects, making it an ideal investment for discerning buyers. The property is currently vacant. The price per unit is $462,500, and the price per square foot is $196.89. The buildings are two stories and were built in varying years. The property features mature wooded land and is situated in a rapidly growing area with strong community support for development.