651 Lakes Road, Monroe, NY 10950

$900,000
4
BD
2
BA
2,466
SqFt

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List Price
$900,000
Status
ACTIVE
Days on Market
42
MLS#
997767
Subtype
Residential
Style
Colonial, Cottage
Year Built
1950
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,466
Lot Size
43,950
Acres
1.01
Neighborhood
Monroe

Property Description

Rare opportunity to purchase this gorgeous property that consists of 3 homes nestled on 3.5 beautiful acres. The main Colonial residence has been gutted and will need to be renovated/rebuilt, however, you can live in one of the additional two residences while you renovate! The 2nd residence called the “stone cottage” has 2 fieldstone fireplaces, a full kitchen, a vaulted ceiling in the bedroom, a washer/dryer, and a full bath. The 3rd residence is called the “white cottage” and sits atop the highest point on the property. This charming cottage has 2/3 bedrooms, a large kitchen, a full bath, and a new 400 sq ft Trex deck with custom railings that is totally private to enjoy the 3.5 acres of trees and woods. Perfect opportunity to rent out the additional homes and have the property pay for itself. The property has all this to offer, stone walls surrounding the compound, 50,000-gallon custom built gunite in-ground pool with glass tile, patios overlooking the gorgeous park-like grounds, and a tennis/pickleball/basketball sports court. All this and you also have lake rights and the property is located in the sought after Village of Monroe near Mill Pond with Monroe-Woodbury Schools. Fantastic commuter location, close to restaurants, quaint boutiques, farmers markets, wineries, shopping, state parks, 50 miles to NYC, near 84, 87, 17, Metro North/ NJ Transit & buses to NYC, Stewart & West Point. Schedule to see it now, this one will not last. Owner open to creative offers and/or partnering on renovation and sale!

Additional Information

Amenities
Park
Interior Features
First Floor Bedroom, First Floor Full Bath, Original Details
Taxes
$3,623
Property Description
Colonial, Cottage
Appliances
Electric Water Heater, Gas Water Heater
Heating
Forced Air, Natural Gas
Air Conditioning
Central Air, Wall/Window Unit(s)
Pool
Yes
Pool
Yes
Pool Type
In Ground
Parking
Attached, Driveway, Private, Storage
Parking Features
Attached, Driveway, Private, Storage
Garage Spaces
2
School District
Monroe-Woodbury
Elementary School
Pine Tree Elementary School
Middle School
Monroe-Woodbury Middle School
High School
Monroe-Woodbury High School
View
Lake, Water

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sandra Spector (sandy.spector@randrealty.com) from Listing Office: Howard Hanna Rand Realty.