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- LoopNet Team
330 Plutarch Rd
Highland, NY 12528
Plutarch Associates · Land For Sale
·
78.70 AC
Investment Highlights
- Beautiful parcel in the woods of New Paltz. Quiet, private homesites on newly paved back road close to the Village. Possible views with clearing.
Property Facts
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Agricultural | Total Lot Size | 78.70 AC |
| Zoning | A3 - Agricultural/residential 3 acre minimum. possibly 7 lot subdivision plus the cottage on 3 acres. | ||
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Single Family Development |
| Total Lot Size | 78.70 AC |
| Zoning | A3 - Agricultural/residential 3 acre minimum. possibly 7 lot subdivision plus the cottage on 3 acres. |
Description
This beautiful and pristine land is lightly wooded and has a very gentle slope up from the newly paved Plutarch Road. This is a perfect property for a family compound with horses or livestock. Or developed into 5 or 6 building lots with seperate driveways for egress.The current partner owners were developers but are now too old to build. It's nearly an estate property with a few partners have passed away. Their spouses just want to sell. No subdivision by them. It's just an hour and a half from NYC. This parcel is a wonderful blank slate. Live in the stone cottage while you build your dream estate or subdivide to sell seperate lots or build to suit. With A-3 (agricultural residential 3 acre minimum) the cottage on 3 acres could be subdivided off and sold for about $250,000 as is. At this reduced asking price of $650,000, you would have an additional 5 or 6 lots for $400,000 less subdivision costs. If a private road is built many more lots can be achieved. The hip Village of New Paltz is just 5 minutes for SUNY New Paltz, restaurants, botiques, galleries and the rail trail. State park Minnewaska is a half hour for swimming, biking, hiking and rock climbing on the Gunk cliff's.
