121-131 Portuese Lane, New Paltz


0 Beds
0 Baths
0 Sqft
107.69 Acres
0 Garages

Large 100+ Acre residential A-3 zoned parcel bordering hundreds of acres of Mohonk Preserve property and also borders the Wallkill Valley Rail Trail with direct access, this Rail trail extends about 22 miles running from Kingston through many small Towns and ends up in the Town of Gardiner . Parcel is located in sought after New Paltz area,  Exit 18 off the NYS Thruway, about 1:45mins from NYC. A private parcel but not remote, just minutes to the center of town, shopping, eateries, the college and the Thruway Exit, an outdoor lovers dream. Woods, trails, several lakes/ponds and multiple building plateaus grace this property along with a livable structure that could be improved to a singe family home, currently does not have a proper CO.  Property is in an A-3 agricultural zone that allows for Single family homes (3 acre minimum lot size), Farming and Agricultural uses along with some Commercial uses with a (special use permit) to include Camping.  Please see associated doc's with all additional info on Zoning, County records and tax maps. Property would make a great family compound or subdivision.  Seller is looking to sell the property AS-IS and will allow for minimum contingency's for BOH approval but is not willing to give extensive time for a large Subdivision Approval et.  The private road is well maintained and there are currently about 5 homes that share the road, Central Hudson power is run all the way to the end of the property.  The 3 homes at the end of the property have the right to use and access the Lake and the Pond, the sellers live on the street also and their two properties also have deeded access to the Lake and the Pond also.  I believe there is one very prime building lot overlooking the Lake with beautiful views of the cliff, also several other high building sites with more views and plenty of privacy.

Property History
Price Reduced from $995,000 to $925,000

Mortage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information