0 State Route 199 Road, Milan, NY, 12571 | $750,000

Idyllic Hillside Retreat: Build Your Dream Home, Weekend Getaway or Organic FarmThis wonderful parcel of raw land offers a rare opportunity to create your own sanctuary in nature. Encompassing 48-acres of pristine wilderness, this mountainside retreat beckons with endless possibilities for crafting the perfect escape - whether it's a secluded dream home, a weekend family compound, or a niche organic farm. Perched atop the rolling hills, the property has rolling views of the local hills and fields, and western views of the majestic Catskill mountaintops. Sunrise and sunset paints the sky with vibrant hues, creating a spectacle of natural beauty that never fails to captivate the soul. With existing subdivision plan drawings for four homes, the groundwork has been laid for those eager to bring their vision to life. Imagine designing your own custom residence, perfectly tailored to your lifestyle and preferences, with ample space to indulge in the tranquility of country living among these gorgeous mixed woods and incredible open fields, lined with beautiful stands of trees which help create privacy perhaps for a few homes, family compound or multiple areas of enjoyment or country and agricultural activities. Convenience meets serenity at this hillside oasis, with easy access to the Taconic Parkway and Amtrak for effortless commuting to New York City. Just a few minutes away, the charming towns of Rhinebeck and Red Hook await, offering a wealth of dining, shopping, cultural, and recreational opportunities to explore and enjoy. Whether you're seeking a peaceful retreat from the hustle and bustle of city life or a canvas to unleash your creativity and passion for sustainable living, this mountainside property promises an unparalleled lifestyle amidst nature's splendor. Don't miss your chance to own a slice of mountain paradise - seize this opportunity to make your dreams a reality today!

Features

  • Frontage: State Route 199 and Salisbury Turnpike
  • Lot Size: 48
  • School District: Red Hook
  • MLS#: 151999
  • Days on Market: 241 days
  • Website: https://www.raveis.com
    /prop/151999/0stateroute199road_milan_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of William Pitt Sothebys International Realty

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

0 State Route 199 Road, Milan, NY, 12571

$750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,992 $3,988 $5,145
Total Monthly Payment $4,084 $4,080 $5,237

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.