Rare Development & Investment Opportunity A truly one-of-a-kind opportunity to acquire three adjoining properties together: 234 Prospect Road 236 Prospect Road 242 Prospect Road Together, these properties offer over 3 acres in one of the area's fastest-growing locations. The true value lies in the opportunity to combine all three parcels and pursue a potential 14 side-by-side homes, with the potential to create a 35-home development (subject to all required approvals). Opportunities of this size, location, and flexibility rarely become available. Ideally situated between rapidly expanding residential communities and major shopping destinations, this property offers exceptional long-term growth potential. While planning for future development, the existing three homes provide immediate income in virtually any way you choose—continue with the current tenants, lease to long-term tenants, accommodate large groups for weekend or seasonal rentals, create a private compound, or customize the properties to fit your own investment strategy. Whether you're a developer, investor, or end user, the possibilities are truly endless. See the attached development concept, subdivision plans, and location maps to fully appreciate this exceptional opportunity.
Experience the charm of this stunning, tenant-occupied home, a lucrative investment opportunity with a stable monthly income of $2,850. The house features a well-equipped kitchen complete with modern appliances, elegant hardwood floors. It houses four spacious bedrooms, including a master bedroom on the lower level adjacent to a living room, perfect for various occasions. Benefit from an efficient heating system and ample storage space, including an outdoor shed. The private deck and patio lead to a recently renovated above-ground pool. The property is exceptionally well-maintained and boasts a multi-level deck that offers breathtaking views of the countryside and mountains. An irresistible opportunity for those seeking both charm and a solid approx 1 acre property investment! Additional Information: HeatingFuel:Oil Below Ground,
Public Records
Mar 16, 2022
Sold
$600,000
$302/sq ft
Public Records
Oct 16, 2017
Sold
$329,000
$166/sq ft
OneKey® MLS as Distributed by MLS Grid #H4721850
Aug 22, 2017
Sold
$329,000
$166/sq ft
Jun 7, 2017
Contingent
—
May 15, 2017
Listed
$325,000
$164/sq ft
Beautifully Maintained Home with Updated Kitchen & Baths. Newly Renovated From Top to Bottom. New Pellet Stove is an Amazing Alternative Source of Heat. Master Suite on Lower Level with Private Patio & Bath. Multi-Level Deck with Breathtaking Country & Mountain Views! This Is A Must See!!! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Detached,
The purpose of this district is to promote the Village's rural character, protect open space and environmentally sensitive resources, and to guide residential development in a manner that is consistent with the Village's Comprehensive Plan.
Permitted uses
Include but are not limited to:
Equestrian facility
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Monroe, NY • 10950
Average low and high temperatures (°F)
32
17
36
19
53
32
62
41
69
50
79
59
84
65
78
57
74
53
64
42
51
34
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 236 Prospect Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $589,000 and $1,250,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $589K to $1.3M.