Fishkill NY Estate Property - Development Opportunity
22 + acres Estate Property Fishkill New York
Marketing description
Located between the vibrant City of Beacon and the charming village of Fishkill, this expansive property offers approximately 22.3 acres of "R-20; One-Family Residence" zoned land. The site spans from Route 52 to Old Glenham Road, presenting a unique opportunity for both restoration and development. The property, priced as is, includes five parcels with four existing single-family homes in various conditions, nestled in a dense hardwood forest with southern exposure towards Mount Beacon.
This estate holds significant potential for multi-family development, with a notable upside. The existing buildings can be renovated or modified for expansive estate use, ideal for single-family rentals or creating a private residential retreat. Additionally, the property's proximity to essential utilities such as the Glenham Water District and nearby sewer mains along Route 52 enhances its development feasibility.
Investment highlights
Prime Location:
Less than 2 miles from Main Street, Beacon, providing easy access to shopping, dining, and cultural attractions.
Proximity to major highways (less than 1.5 mile to Route 52 and I-84 interchange) ensures excellent connectivity to NYC and other major cities.
Utilities and Infrastructure:
On-site water supply.
Municipal sewer mains located 300 +/- feet along Route 52, facilitating easy hookup for new developments.
Zoning and Land Use:
Zoned "R-20; One-Family Residence," ideal for a variety of residential development projects.
22.3 usable acres of mature, wooded estate land, offering both privacy and natural beauty.
Development Potential:
Includes five parcels with four existing single-family homes in varying conditions, allowing for renovation or redevelopment.
Significant opportunity for multi-family development with strong market demand and high ROI potential.
Desirable Demographics:
Located in an area with outstanding demographics, including unprecedented low residential vacancies, indicating high demand for housing.
Natural and Scenic Features:
Southern exposure towards Mount Beacon, providing stunning views and a desirable living environment.
Dense hardwood forest on the property offers a serene, natural setting.
Proximity to Amenities:
Close to Beacon's vibrant downtown, known for its arts scene, boutique shops, and gourmet restaurants.
Nearby parks, hiking trails, and recreational areas enhance lifestyle appeal.
Community and Growth:
Situated in a rapidly growing area with strong community support for development.
Potential for future municipal investments in infrastructure and services.
Sustainable Development: Potential for eco-friendly development projects, leveraging the natural landscape and existing infrastructure.
Versatile Usage: Ideal for luxury estate homes, a gated community, or a mix of single-family and multi-family residences.
High Appreciation Potential: Given the location, amenities, and growth trends, the property is poised for significant value appreciation.
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