Skip to content
For SaleLuxury

$2,350,000

50 days on market

47 Rock Road

Carmel, NY 10512

View records
· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

—

Built

Listing narrative

Description

A rare opportunity to acquire approximately 36 acres of income-producing lakefront property just one hour north of New York City, with convenient access by both car and Metro-North. The property combines immediate cash flow, substantial acreage, recreational appeal, and significant long-term development potential. The compound includes 11 homes, a fully on-grid tiny house, and an Argosy camper. The owner holds six of the homes outright, while five additional homes occupy the property under land leases. Together, these assets generate both residential rental income and recurring land-lease revenue. When fully occupied, the property produces a 7.5% capitalization rate, offering investors a turn-key opportunity with established income from day one. All current tenants are on month-to-month leases allowing for maximum flexibility for the new owner. The property also presents a compelling opportunity for an owner-user seeking a private Hudson Valley retreat. An owner could create an expansive upstate compound where family and friends gather for weekends of boating, hiking, and outdoor recreation, while the existing homes and land leases help offset the cost of ownership. The acreage also provides ample space to develop a private estate or multi-generational family compound. The current owners use the house at 47 Rock Rd, along with the attached ‘glampground’ as a private getaway from the city. They have spent years clearing and beautifying the land, including planting ornamental cherry trees throughout the property. Spring hikes, huge outdoor gatherings in summer, camping in fall, sledding in winter, they use the property as a year-round destination for friends and family. The property is offered 100% turn-key - the tiny home, RV, plow truck, and UTV all convey with the sale. Rolling hills, mature landscaping, scenic trails, and the natural beauty of Lake Gilead surround the property. The setting offers exceptional privacy while remaining remarkably accessible to New York City - close enough for spontaneous weekends and extended stays, yet secluded enough to feel like a true escape. Generate income today. Create additional value tomorrow. This lakefront Hudson Valley compound gives its next owner the flexibility to operate it as an income-producing investment, pursue future development, create a private retreat, or combine all three.

Listing agent (MLS): Nicholas Sten · Listing brokerage (MLS): Corcoran Country Living

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,350,000

Beds

Beds n/a

Type

Land

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

35.60 acres

Year

Year n/a

Status

For Sale

Days on Market

50

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

Loading map…

Courtesy of Corcoran Country Living

47 Rock Road, Carmel | Keller New York