

Phillips Farm
Land | 190 acres
Marketing description
PHILLIPS FARM, 1196 ROUTE 82, HOPEWELL JUNCTION, DUTCHESS COUNTY
DESCRIPTION
Historic Gem of a Family Farm is situated within the urban neighborhoods of Hopewell Junction, just two miles off of the Taconic Parkway. This unique offering with rolling hills surround this family farm has been owned by the same family for generations. The central hilltop peak elevation in the middle of property offers full panorama views of the nearby Dutchess Hills, Catskills, Shawngunks, and Berkshires. Next door is the Beekman Golf Club.
The classic pre-revolutionary War period original Farm House with a larger addition from the Civil War era with timber ceilings, three fireplaces, 6 bedrooms and several living rooms.
The large sprawling 7,000+SF barn area has two three tier barns, three grain silos, one barn has a mechanical freight elevator, and rambling connecting corridors of side barns with stalls and storage for stalls for 40 cows and a dozen horses.
Just 2 miles to the Taconic Parkway and 10 miles to the NYC train.
Investment highlights
All buyers must provide financial qualifications prior to showing.
There are three leases which encumber the property that will need to be negotiated prior to purchase. The main farmhouse and barns will remain with life use of the Grandmother plus six months. The tenant house and barns will remain under lease for a year subsequent to the sale of the farm. There is a 24 acre area presently built out as a utility solar project. This area will remain under the control of the present owners by renewable lease with a possibility of buyout of the solar project.
Buyer Agent is responsible for confirming all measurements, dimensions, sizes, quantities, amounts, taxes, assessment, zoning permitted, etc.
Houses will be sold broom clean. Any furniture or furnishings will be included by separate agreement to be negotiated. No equipment or tools in the barns will be included.
Agricultural Exemption applies to farm lands benefits the general property tax.
DISCLAIMERS
Buyer Agent responsible for confirming all measurements, dimensions, sizes, quantities, amounts, taxes, assessment, zoning permitted, etc.
This listing broker has the right to offer BAC.
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