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Listed by: Four Seasons Sotheby's Int.

$ 15,900,000

Est. payment -/mo

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116 Velie Road La Grange, NY 12540

480 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 155883

HOA Y/N No

Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Lot Size 480.000 Acres

Acres 480.0

Lot Dimensions 9 Lots

Property Sub-Type Unimproved Land

Property Description

Welcome to the 'hidden gem,' a consolidation of rare land making up 480 acres. It is truly one of the most exceptional properties in the Hudson Valley, and perhaps all of New York. The unique combination of man-made lakes, natural water attributes, and distinctively shaped pastoral land, have transformed it into a 'one-of-a-kind' breathtaking landscape.Creating a Lakefront Family Estate Compound is an ideal asset for generational wealth preservation and geographic diversification. The site's immense value is further enhanced by its diverse permitted development opportunities, ensuring long-term appreciation. In addition it is a perfect, clean canvas for a Luxury Gated Residential Community with resort-style amenities.This property features an enchanting blend of natural elements, an unparalleled array of aquatic features highlighted by two crystal-clear, 45 feet deep spring-fed lakes, three ponds, a picturesque island, and two flowing streams. Private fresh ground water from the aforementioned sources is not regulated by NYS-DEC. The site is completely secluded and surrounded by forest and a private 487-foot mountain with an observatory, offering maximum privacy and family security. There are 13-miles of trails accessed by paved roads that provide year-round adventure.The caretaker's house, an integral part of the property, is completely secluded and out of view from the main site, ensuring privacy. The caretaker oversees the upkeep of the 480-acre estate, including its landscape and recreational areas. In addition, this property is adjacent to a 5 bedroom Lakehouse on 10 acres with a valuable option agreement for a First Right of Refusal for future purchase at fair market value.

Location

State NY

County Dutchess

Exterior

Utilities Available Electricity Available

Amenities Available Electricity, Maintenance, Snow Removal, Stream Year Round, Trail(s), Water

Waterfront Description Pond,Stream

View Creek/Stream, Lake, Meadow, Mountain(s), Panoramic, Pasture, Pond, River, Trees/Woods, Water

Building

Lot Description Secluded

Sewer Private Sewer

Water Private

Schools

High Schools Arlington Central School District

School District Arlington Central School District

Others

Tax ID 133400-6561-04-643134-0000

AFFORDABILITY CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

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Zev Eisenberg

Founder, Agent

+1(845) 622-5660