54 Ramble Hl Rd 66, Millbrook, NY 12545-5979

This exceptional 31.98-acre estate in Millbrook, NY, presents a rare opportunity. The property includes a magnificent 24,676 square foot, three-story, nine-bedroom, eight-bathroom mansion built in 1900, requiring full restoration. An attached two-story, 18-room dormitory wing also awaits rejuvenation. Adding to the property's versatility is a modern 7,330 square foot, six-classroom school building constructed in 2005, offering diverse repurposing options. The estate boasts self-sufficiency features including a 100,000-gallon water cistern and on-site water and sewage treatment plants, recently renewed with an SPDES permit. Located in the new Hospitality Overlay District, the property is eligible for a special use permit to operate as an inn. Two access points from Ramble Hill Lane and College Lane provide convenient access, minutes from Route 44 and the Taconic State Parkway, with a Metro North train station a short 20-minute drive away. The property's rich history, from its agricultural origins to its use as a rehabilitation center, offers a unique canvas for a variety of uses, including a single-family residence, bed and breakfast, educational institution, corporate retreat, or religious retreat (with appropriate approvals). The potential for subdivision further enhances its investment value. Oil heating.