FOR SALE: Rare 13. 23-Acre Property with House, Barns, and Endless Potential STEPS TO ROUTE 9! This exceptional 13. 23-acre property in Cold Spring, NY offers a unique blend of residential and commercial possibilities just steps from Route 9 and less than two hours from NYC. Whether you’re seeking a private residential compound, a farm estate, or a site with commercial development potential, this property has it all. Residential Features: • A modern post-frame home, designed in a versatile mother-daughter layout, perfect for multi-generational living or on-site management. • Beautiful barns and outbuildings, including a repurposed historic 1771 church, adding character and functionality. • Ample space for additional residential development, making it ideal for a family compound or retreat. Infrastructure Highlights: • Two modern septic systems, a private well, and a newly constructed road for easy access. • Underground utilities and enhanced drainage systems already in place. • A 22 kW solar system for sustainable, high-capacity energy needs. Zoning and Development Opportunities: • Zoned for commercial warehousing with the potential to secure a special permit for industrial use, just like neighboring properties. • Perfect for a warehouse, distribution center, or other sustainable business ventures. With major infrastructure already in place and endless possibilities for development, this is a turn-key opportunity in one of the region’s most desirable and strategic locations. Whether you’re envisioning a private retreat, a residential estate, or a future-ready commercial facility, this property offers the foundation for your dreams. Don’t miss out—schedule a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,389,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,111,600 | $1,111,600 | $1,111,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $2,173 | $2,173 | $2,173 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,138 | $6,754 | $9,305 |
Total Monthly Payment | $8,435 | $9,051 | $11,602 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.