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3805 Main St
Stone Ridge, NY 12484
Hasbrouck House 38 Acre Estate & Subdivision · Hospitality Property For Sale
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25 Rooms
Investment Highlights
- 38-Acre Historic Hudson Valley Estate
- 22-Acre Approved 6-Lot Residential Subdivision
- 2,800 SF Restaurant + Speakeasy + Outdoor Kitchen
- 19-Key (27 Rooms) Luxury Boutique Hotel – Fully Restored
- Wedding & Event Venue (150 Guests | 15 Events/Year)
- Prime Stone Ridge Location – less than 2 Hours from NYC
Executive Summary
The $12,000,000 asking price is not based solely on traditional hospitality metrics such as cap rate or room revenue multipliers. Rather, valuation is supported by:
• 38 irreplaceable acres in Stone Ridge
• Advanced entitlement status for a 6-lot residential subdivision
• The ability to develop and sell six luxury homes plus six detached guest cottages
• Optionality to monetize the 22-acre parcel independently
• Long-term appreciation trends in the Mid-Hudson Valley
• Comparable estate and luxury home sales in the region
The residential parcel creates multiple strategic paths:
Develop and sell six luxury residences individually.
Create a branded “Hasbrouck House Residences” collection.
Sell the entitled parcel to a residential developer.
Develop select homes while retaining others as branded hospitality villas.
Phase construction while operating the existing hotel and event platform.
The hospitality component generates diversified revenue from:
• 19 luxury guest suites
• Full-service restaurant operations
• Weddings (up to 15 per year)
• Corporate retreats and private estate buyouts
• Wellness programming
• High-margin event catering
Additional value-enhancement opportunities include:
• Enclosing restaurant balcony to expand seating
• Expanding the speakeasy footprint
• Extending event patio space
• Developing a lakefront pavilion and waterfront trail
• Expanding spa programming
• Introducing curated retail or in-room upgrades
Stone Ridge benefits from sustained demand driven by:
• NYC second-home buyers
• Luxury retreat travelers
• Destination wedding clients
• Corporate off-site planners
• Limited new hospitality supply
This offering is best understood as a legacy estate acquisition with embedded residential development value and long-term optionality, rather than a conventional “cap rate hotel” transaction.
Hasbrouck House combines history, land, entitlements, and operating business into a singular Hudson Valley opportunity.
Property Facts
Amenities
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
About 3805 MAIN ST , STONE RIDGE, NY 12484
Hasbrouck House is a fully restored 1757 Dutch Colonial estate situated on 38 acres in Stone Ridge, New York, in the heart of the Mid-Hudson Valley. Listed on the National Register of Historic Places, the property was comprehensively rebuilt in 2016 with modern systems, insulation, and infrastructure while preserving its architectural integrity. The estate currently operates as a 19-key luxury boutique hotel comprising 27 guest rooms across four historic buildings totaling approximately 15,000 square feet: • The Main House (7,500 SF) • The Carriage House (2,400 SF) • The Stable House (2,400 SF) • The Cottage (2,100 SF) Accommodations range from heritage lofts and balcony suites to multi-bedroom grand suites with kitchenettes and private entrances. Interior finishes include hardwood floors, vintage and modern furnishings, Frette linens, Aesop amenities, marble baths, and custom millwork. The Cottage may be reserved independently for private whole-house stays. Food & Beverage operations include Butterfield Restaurant, a 2,800 SF full-service restaurant with: • 60 indoor seats • 80 outdoor seats • Clubroom and bar • 500 SF speakeasy lounge • 600 SF outdoor catering kitchen • 1830s smokehouse • Property-wide liquor license The estate is also a permitted event venue with a Special Use Permit allowing up to 15 large weddings annually (up to 150 guests). Events are hosted on a 3,750 SF bluestone patio set beneath mature trees and landscaped grounds, supporting destination weddings, corporate retreats, and private buyouts. Wellness and outdoor amenities include: • Restored 55' x 27' concrete pool • Outdoor sauna • Massage room • Expansive lawns and mature trees • Direct access to a private lake area Zoning is B-1 / R-3. Annual taxes (2026) are approximately $67,099. Importantly, the offering includes a separately planned 22-acre residential subdivision parcel within the broader 38-acre estate. The residential component has Planning Board pre-approval for a 6-lot subdivision, with substantial SEQRA review and engineering coordination completed. Lots range from approximately 1.2 to 3.1 acres and are designed for 2,800–3,500 SF luxury homes, each capable of accommodating 1,000–1,500 SF detached guest cottages. The property is offered in turn-key operational condition with full FF&E included.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 8 | $1,015 | - |
| Guest Room | 17 | $626.00 | - |
Property Taxes
| Parcel Number | 3400-069.002-0005-001.100-0000 | Improvements Assessment | $1,975,000 |
| Land Assessment | $150,000 | Total Assessment | $2,125,000 |
Property Taxes
