54-66 Ramble Hill Lane, Millbrook (Washington), NY, 12545 | $2,100,000

Welcome to the historic Crawford Farm Estate, a sprawling Gilded Age marvel nestled on 32 acres of picturesque Millbrook, NY countryside. Originally crafted in 1900 by esteemed real estate developer RL Burton, this stately mansion stands as a testament to the opulence of the colonial revival period and the vibrant fox hunt boom of the early 1900s. This grand estate boasts a 3 story, 9 bedroom, 8 bath mansion awaiting full restoration, alongside an attached 2 story, 18 room, dormitory wing. While both structures are ripe for rejuvenation, a more modern 7, 330 SF 6-classroom school building built in 2005 offers exciting opportunities for contemporary repurposing. Embracing self-sufficiency, the estate features a 100, 000-gallon water cistern, complemented by on-site water and sewage treatment plants, ensuring a seamless living experience for future inhabitants. Moreover, with the recently SPDES-renewed sewage treatment plant, the horizon of possibilities expands exponentially. Originally named Crawford Farm Estate, this historic site has witnessed the evolution of the region, from its agricultural roots producing cream cheese to its more recent incarnation as a health services rehabilitation center. Today, possibilities range from a magnificent single-family residence to a charming bed & breakfast, an educational institution, or even a serene corporate or religious retreat, with appropriate approvals. 54-66 Ramble Hill Lane is one of three locations in Millbrook that is part of the new Hospitality Overlay District. As part of the Hospitality Overlay, Ramble Hill can apply for a special use permit to allow for and regulate as an Inn. The property's strategic Millbrook location, two access points from Ramble Hill Lane and College Lane, just minutes from Route 44, the Taconic State Parkway, offers unparalleled convenience, with a Metro North train station a mere 20-minute drive away. With the potential for subdivision to further residential development, the Crawford Farm Estate presents a once-in-a-lifetime opportunity to own a piece of history, ripe with potential and poised for transformation. You won't find another offering in the region with this kind of scope and potential. Don't miss your chance to breathe new life into this enchanting slice of Millbrook's past, beckoning you to script its next chapter of splendor.

Features

  • Town: Millbrook
  • Property Type: Mixed Use
  • Current Use: Other
  • Construction: Frame
  • Heating: Oil, Propane, Hot Water
  • Cooling: None
  • Zoning: RM2
  • Year Built: 1900
  • Est. Taxes: $52,310
  • School District: Millbrook
  • MLS#: H6302863
  • Days on Market: 205 days
  • Website: https://www.raveis.com
    /prop/H6302863/5466ramblehilllane_millbrook_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 McGrath Realty Inc   Phone: 845-855-5550

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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54-66 Ramble Hill Lane, Millbrook (Washington), NY, 12545

$2,100,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,680,000 $1,680,000 $1,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $4,359 $4,359 $4,359
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,539 $10,481 $14,064
Total Monthly Payment $14,023 $14,965 $18,548

* 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.