Property profile

64 White Dr Milan, NY 12571

OFF-MARKET
Commercial real estate
Property ID
US63-1536114
22,384 SF 216.7 ac lot Built 1928
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Nestled in Milan, NY, this exceptional 216-acre property presents a unique investment opportunity. Currently operating as a non-profit retreat, "Mirror Lake Retreat," this expansive site offers a diverse range of accommodations, catering to various needs. Guests can choose from vacation homes, cottages, individual rooms, and RV sites, all situated within a tranquil, rustic setting. The property boasts an approximate 18-acre lake, ideal for swimming and boating, and extensive hiking trails throughout the 216 acres. Outdoor activities are included in the fee, with optional add-ons such as golf cart rentals and rock wall access. The main facility features a newly renovated kitchen and dining room capable of accommodating large groups, along with a sizable presentation/conference room with a 300-person seating capacity. Conveniently located just two hours from New York City and fifteen minutes from Rhinebeck's town center, this property offers easy access to both urban amenities and the natural beauty of the Hudson Valley. The property's heating system utilizes oil. This remarkable estate presents a compelling opportunity for a variety of uses, from a continuing retreat operation to a luxury resort or conference center. The substantial acreage and diverse amenities provide a unique and highly desirable location. The asking price is $11,000,000. The total square footage of the buildings is 22,384 square feet.

Property profile

Verified
Property type Commercial real estate
Year built 1928
Total area 22,384 SF
Lot 216.7 ac (9,439,452 SF)
UPID US63-1536114

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

64 White Dr Milan, NY 12571
Milan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 64 White Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message