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    2 Bloomfield Rd Saratoga Springs, NY 12866

    Sponsored
    For Sale
    $4,249,000

    42-acre equestrian estate, mixed-use potential.

    Property size:
    284,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 42.79-acre property, known as the historic Whitney Polo Field, presents a unique investment opportunity in Saratoga Springs, NY. Located at 2 Bloomfield Rd, 12866, this landmark equestrian property is one of the four oldest polo fields in the United States. The property boasts an approved mixed-use Planned Unit Development (PUD) allowing for up to 284,000 square feet of development. Permitted uses include approximately 90+ residential units, a boutique hotel, spa, restaurant(s), and a banquet facility. All engineering is nearing completion. The existing infrastructure includes an event venue currently hosting weddings and corporate events, along with an established equestrian polo attraction and clubhouse. The property benefits from its prime location, minutes from downtown Saratoga Springs and the Saratoga Racetrack, attracting millions of visitors annually. Utilities include on-site gas, electric, well, and septic

    Property Features for 2 Bloomfield Rd

    General Information

    Property type
    Land
    Square Feet
    284,000 SF
    Lot Size
    1,863,932 SF

    HighLights

    • Prime location, minutes from Downtown Saratoga Springs and Saratoga Racetrack.
    • Approved Mixed‑Use Planned Unit Development (PUD) allows up to 284,000 square feet, with permitted uses including residential, hotel, spa, restaurant, and banquet facilities.
    • On‑site utilities include gas, electric, well, and septic; municipal water and sewer are nearby.
    • Excellent opportunity for large‑scale development or a private equestrian estate.
    • Located within the desirable Saratoga Springs School District.
    • Annual property taxes: $22,131.58
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.7242486
    Latitude
    43.0964412

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    FAQs

    What type of property is this?
    Land - 42-acre equestrian estate, mixed-use potential.
    Where is this land located?
    The property is located at 2 Bloomfield Rd Saratoga Springs, NY.
    What is the asking price?
    The asking price for this property is $4,249,000.
    What are key features of this property?
    This property features: Prime location, minutes from Downtown Saratoga Springs and Saratoga Racetrack.; Approved Mixed-Use Planned Unit Development (PUD) allows up to 284,000 square feet, with permitted uses including residential, hotel, spa, restaurant, and banquet facilities.; On-site utilities include gas, electric, well, and septic; municipal water and sewer are nearby.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Bloomfield Rd Saratoga Springs, NY 12866
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