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New Paltz,NY 12561
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,139 sqft
Price per Sqft $175
MLS Listing ID 903571
Style Ranch
Bedrooms 5
Full Baths 4
HOA Y/N No
Rental Info No
Year Built 1972
Annual Tax Amount $14,233
Lot Size 45.000 Acres
Acres 45.0
Property Sub-Type Single Family Residence
Source onekey2
Property Description
Calling All Investors and Families!
An exceptional opportunity awaits at Gopal Farm. This spacious single-family residence with accessory apartments features 5 bedrooms and 4 bathrooms, set against the backdrop of 39 acres of pristine organic farmland—offering the farm lifestyle without the responsibility of operating it.
The property is currently in the process of being subdivided and will include 3–4 acres surrounding the home with 39 acres still owned and operated by Gopal. With two large apartments and an additional studio on the lower level, the rental income potential exceeds $4,000 per month. Previously occupied by farm staff, these units are now vacant and ready to be leased at market value.
While the home requires some updating, it presents tremendous versatility and investment potential—whether for multi-generational living, rental income, or a combination of both. The full farm is not currently for sale, though future discussions may be possible with the right offer.
Location
State NY
County Ulster County
Rooms
Basement Partial
Interior
Interior Features Other
Heating ENERGY STAR Qualified Equipment,Oil,Other
Cooling Ductless
Flooring Hardwood
Fireplace No
Appliance Cooktop
Exterior
Parking Features Attached
Garage Spaces 1.0
Utilities Available Electricity Available,Electricity Connected
View Mountain(s)
Garage true
Private Pool No
Building
Sewer Septic Tank
Water Well
Structure Type Frame
Schools
Elementary Schools Duzine
Middle Schools New Paltz Middle School
High Schools New Paltz
School District New Paltz
Others
Senior Community No
Special Listing Condition None