116 Velie Rd - Commercial LAND FOR SALE


Lagrangeville, NY 12540 20,908,800 SF
$17,280,000 USD
212-464-7449
116 Velie Rd, Lagrangeville, NY for Sale
$17,280,000 USD
Commercial LAND - FOR SALE
1/19
20,908,800 SF

116 Velie Rd
Lagrangeville, NY 12540


HIGHLIGHTS

  • Ideal for developing a Luxury Gated Residential Community with resort-style amenities, extensive outdoor recreation, lake activities & much more
  • Hudson Valley's Hidden Gem- fusion of Captivating lakes and All-Encompassing Mountain Views
  • Create your Vision on this Clean Canvas!

OVERVIEW

SPECTACULAR TROPHY PROPERTY – ENCOURAGING A LUXURY DEVELOPMENT • 480-acres Hudson Valley's hidden gem—Fusion of Captivating Lakes and All-Encompassing Mountain Views a truly unique open canvas for an exceptional development. • An entirely Secluded site, surrounded by mountains, offering complete privacy and security. • Rarely found in one site, this property seamlessly blends multiple elements into one breathtaking landscape: two private freshwater lakes, three ponds, two running streams, charming Island, majestic forests, a 487’ mountain, and open meadows. • 13 miles of scenic nature trails for hiking / biking / horseback-riding / ATV, along the lakes, streams, forest and the mountain. • A private 487-foot mountain elevation with exclusive observatory offering panoramic views of the awe-inspiring Hudson Valley; access via gravel car path & hiking trails. • In-site gravel roads designed for cars/ATVs, throughout all the 490-acres site, offer unparallel, effortless access across the entire 490-acre property. • Four versatile fields that accommodate soccer/football/lacrosse/etc, creating a dynamic setting for abundance recreational and adventure activities. • Endless possibilities for outdoor recreation and water activities: fishing, farming, horseback-riding, lake activities, ATV adventures, biking, and more—an unparalleled canvas for creating unforgettable memories. • PRIME LOCATION: East of the Hudson River; Immediate access off the scenic Taconic State Parkway, just 75 minutes from Manhattan. SPECTACULAR TROPHY PROPERTY – PERFECT FOR LUXURY DEVELOPMENT HIGHEST AND BEST USES, PRIMARILY FOR: • Luxury Gated Community with resort-style central amenities, extensive outdoor recreation, lake activities, equestrian facilities, etc. - up to 75-homes. • Ideal for large Lakefront Family Estates Compound(s), with expansion potential. ADDITIONAL VERSATILE PERMITTED HIGH-DEMAND/MARGIN LAND USE OPTIONS • “Residential Health-Care Facilities, Adult Homes, and Group Homes”, including high-end options such as age-restricted communities, senior or assisted living, and luxury rehab centers. We recommend considering this for the eastern side of the site. • Boutique hotel (B&B), Outdoor Recreation, Farming, Equestrian, etc. • Low Density Residential Zoning (RLD), 3-Acres zone. CAPITAL EFFICIENT AND COST-SAVINGS • VARIETY OF SUBDIVISION OPTIONS: Ready for subdivision with flexible sale/exit options for each the 8-lot and/or Spec-Home sales, featuring central management as luxury residences. • DEVELOPMENT PHASING and significant cost savings by leveraging the site, which comprises eight separate lots rather than one lot. • SIGNIFICANT INHERENT VALUE-ADDED & COST SAVING FEATURES - est. value over $12mil – including the paved access/exit infrastructures, in-site gravel roads, high-voltage electric towers on both sides of the property, and more… • MULTIPLE PAVED ACCESS/EXIT ROADS, and optional emergency exits, on both sides of the site - a key feature required for the development site-plan approval. • GRANTS AND INCENTIVES available through New York State and Dutchess County. UTILITIES: ELECTRICITY: High-voltage electric towers and infrastructure on both sides of the property, ready for immediate connection and use. SEWAGE: To be provided via a septic system (per dwelling) and specific to the development or by constructing a sewage treatment facility in line with the development plan. This option could offer additional benefits, such as bonus homes/units and other possibilities.

FOR SALE DETAILS

PRICE

$17,280,000 USD

PRICE/ACRE

$36,000/AC

PRICE/SF

$0.83 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

NatureScape Hudson Valley 480-Acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

480 AC

LAND SF

20,908,800 SF

OFFSITE IMPROVEMENTS

Electricity, Streets, Telephone

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Leonard BayerDouglas Elliman CommercialMore Info
212-464-7449

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Leonard BayerDouglas Elliman CommercialMore Info
212-464-7449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.