Incredible Investment & Development Opportunity!
Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space.
What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities.
Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property.
Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting.
PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.
30 days
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746
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28
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Zillow last checked:
Listing updated:
Listed by:
Gillespie Real Estate LLC845-565-7073,
Jodi M Gillespie845-565-7073
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1010502
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Bedroom 1
Level: Second
Bedroom 2
Level: Second
Bedroom 3
Level: Second
Bathroom 1
Description: half
Level: First
Bathroom 2
Description: Full
Level: Second
Kitchen
Level: First
Living room
Level: First
Heating
Hot Water, Oil, See Remarks
Cooling
None
Appliances
Included: Gas Range, Refrigerator
Laundry: In Kitchen
Features
Eat-in Kitchen
Flooring: Carpet, Linoleum
Basement: Bilco Door(s),Unfinished
Attic: Scuttle
Interior area
Total structure area: 1,336
Total interior livable area: 1,336 sqft
Property
Parking
Total spaces: 6
Parking features: Detached
Garage spaces: 2
Features
Patio & porch: Porch
Lot
Size: 3.1 Acres
Features: Cleared, Corners Marked, Front Yard, Near Shops, Rolling Slope, See Remarks, Split Possible
Details
Parcel number: 3346000690000004006.1000000
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence, Residential
Materials
Unknown
Foundation: Stone
Condition
Actual
Year built: 1847
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Community & HOA
HOA
Has HOA: No
Location
Region: Newburgh
Financial & listing details
Price per square foot: $344/sqft
Tax assessed value: $38,700
Annual tax amount: $4,509
Date on market: 6/10/2026
Cumulative days on market: 31 days
Listing agreement: Exclusive Right To Sell
Inclusions: Subdivision Paperwork
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/10/2026
Listed for sale
$460,000$344/sqft
Source: OneKey® MLS as distributed by MLS GRID #1010502Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.