Property summary
This exceptional 120.28-acre property in Monticello, New York, presents a significant development opportunity in the scenic Hudson Valley. The land features rolling terrain and a tranquil pond, enhanced by four existing high-producing water wells. While previous preliminary approvals for a 300-townhouse development have expired, the existing zoning remains favorable for similar large-scale projects. This significantly reduces the initial planning hurdles for prospective developers. The property's strategic location offers easy access to Sackett Lake (a five-minute walk), Resorts World Casino and Hotel, Monticello Raceway, Katrina Resort & Waterpark, and the Bethel Woods Center for the Arts. Proximity to major highways ensures excellent connectivity. The asking price is $3,250,000. The property's APN is 4689-028-0-0001-032-000. This represents a unique chance to capitalize on the substantial groundwork already completed and realize the full potential of this remarkable site. The property is zoned for commercial, industrial, and residential uses.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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