Welcome to Red Wing Pond, your private nature retreat just minutes from the Village of Rhinebeck. Originally a part of the 1870s William Dinsmore estate, this parcel has been transformed into a premium, BOH-approved, ready-to-build site of nearly 7 acres. With frontage on both sides of Indian Creek and a private spring-fed pond, this property provides a serene landscape and offers many opportunities for outdoor exploration and quiet meditation. Owned by an accomplished local builder who thoughtfully configured the home site between dramatic rock cliffs and historic stone walls, this secluded gem with spring fed pond, mature hardwood trees and proximity to amenities checks off every box. This fully engineered lot is ready for your imagination and comes with a survey and BOH approval for a 3-bedroom home, underground electric on-site and a roughed-in driveway. Builders and architects will undoubtedly be impressed with the preparation and potential of this parcel. Whether you're looking to build your dream home or searching for a wise investment, this property promises a blend of tranquility, beauty and convenience. Unlock the opportunity to craft your own retreat in Dutchess County, perfectly positioned less than 2 miles from the Hudson River, Dinsmore Golf Course, and Mills-Norrie State Park with its scenic marina. Just 90 minutes from NYC and a quick 5-minute drive to the vibrant village of Rhinebeck—filled with charming shops, restaurants, and the Amtrak station at Rhinecliff—you’ll also enjoy easy access to Metro-North in Poughkeepsie, only 15 minutes away. Embrace this chance to turn your dreams of building a country home upstate into reality with the ultimate combination of convenience and rural bliss with an unbeatable location and unrivaled natural beauty.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,752 | $1,728 | $2,193 |
Total Monthly Payment | $1,827 | $1,803 | $2,268 |
* 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.