**A Rare Development & Investment Opportunity**
This is far more than three homes—it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations:
**234 Prospect Road • 236 Prospect Road • 242 Prospect Road**
Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.**
The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals).
Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas.
While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential.
Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.**
surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**
For sale
$999,000
242 Prospect Road, Monroe, NY 10950
3beds
1,678sqft
Single Family Residence, Residential
Built in 1980
1 Acres Lot
$-- Zestimate®
$595/sqft
$-- HOA
What's special
- 24 days
- 292
- 6
Zillow last checked:
Listing updated:
Listed by:
eRealty Advisors, Inc 914-712-6330,
Joel Basch 347-486-2196
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1035856
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Oil, Other
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Other
Features
- Other
- Basement: Walk-Out Access
- Attic: Pull Stairs
Interior area
- Total structure area: 1,678
- Total interior livable area: 1,678 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 1 Acres
Details
- Parcel number: 3320032030000001008.0000000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Frame
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Phone Available, Trash Collection Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $595/sqft
- Tax assessed value: $46,600
- Annual tax amount: $12,873
- Date on market: 8/21/2026
- Cumulative days on market: 25 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $999,000+22.6%$595/sqft |
Source: | ||
| 12/16/2024 | Sold | $815,000-2.9%$486/sqft |
Source: | ||
| 11/15/2024 | Pending sale | $839,000$500/sqft |
Source: | ||
| 10/27/2024 | Listing removed | $839,000$500/sqft |
Source: | ||
| 10/27/2024 | Pending sale | $839,000$500/sqft |
Source: | ||
| 7/22/2024 | Price change | $839,000-6.7%$500/sqft |
Source: | ||
| 3/1/2024 | Listed for sale | $899,000$536/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $46,600 +5.9% |
| 2024 | -- | $44,000 |
| 2023 | -- | $44,000 |
| 2022 | -- | $44,000 |
| 2021 | -- | $44,000 |
| 2020 | -- | $44,000 |
| 2019 | -- | $44,000 |
| 2018 | -- | $44,000 |
| 2017 | $8,581 | $44,000 |
| 2016 | -- | $44,000 |
| 2015 | -- | $44,000 |
| 2014 | -- | $44,000 |
| 2013 | -- | $44,000 |
| 2012 | -- | $44,000 |
| 2011 | -- | $44,000 +0.2% |
| 2010 | -- | $43,900 |
| 2009 | -- | $43,900 |
| 2007 | -- | $43,900 |
| 2006 | -- | $43,900 |
| 2005 | -- | $43,900 |
| 2004 | -- | $43,900 |
| 2002 | -- | $43,900 |
| 2001 | -- | $43,900 |
| 2000 | -- | $43,900 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Blooming Grove
Nearby schools
Schools provided by the listing agent
- Elementary: Round Hill Elementary School
- Middle: Washingtonville Middle School
- High: Washingtonville Senior High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







