236 Prospect Rd

South Blooming Grove NY 10950

1987 sq. ft.

40417 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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.