This property offers an exceptional development opportunity in the scenic Hudson Valley. Encompassing over 120 acres of pristine, rolling land with a tranquil pond, there are currently four high-producing water wells on site, it's an ideal location for a potential waterfront project. While the current owners previously secured preliminary approvals for a 300-townhouse development, those approvals have since expired. However, the zoning remains in place, making this an attractive option for anyone interested in a similar project. With substantial planning and due diligence already completed, the possibilities for development are extensive. The property is perfectly situated just a five-minute walk from Sackett Lake and is conveniently close to Monticello's shopping, Resorts World Casino and Hotel, Monticello Raceway, Katrina Resort & Waterpark, and the Bethel Woods Center for the Arts. Access to major highways is only minutes away, offering both convenience and connectivity. This is a unique opportunity to realize the full potential of this remarkable property. © 2023 OneKey™ MLS, LLC