474 Lane Gate Road, Cold Spring (Philipstown), NY, 10516 | $1,200,000

This unparalleled offering, absent from the market for over a century, presents a unique opportunity. Set on an exclusive flag lot, comprising 11. 7 wooded & private acres, surrounded by property under conservation easement, and perched high above the Hudson River. Breathtaking, expansive views extending N, S, and W, forming a awe-inspiring panorama. This pristine parcel overlooks the charming town of Cold Spring & the scenic Hudson River Valley, just 65 miles north of NYC. Elevate your residential experience with the prospect of constructing an home at an elevation exceeding 800 ft. Currently undergoing the approval process with the BOH, this rare gem assures that your envisioned estate can soon become a reality. Seize this once-in-a-lifetime opportunity to design a bespoke haven just moments from the heart of downtown Cold Spring. It transcends being a mere parcel of land for sale; it serves as an exclusive invitation to forge a legacy on a canvas painted by nature's finest work.

Features

  • Town: Cold Spring
  • Zoning: Other
  • Lot Desc: Views, Wooded, Steep Slope
  • View: Water
  • Elem. School: Haldane Elementary/Middle School
  • High School: Haldane High School
  • School District: Haldane
  • MLS#: H6289683
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/H6289683/474lanegateroad_coldspring_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.

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.

Evan Berman - Broder TeamSales Associate

860.306.6543

Evan.Berman@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
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • 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.

Paul AddamoVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 93047

860.990.2486

paul.addamo@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

Heidi SummaRegional SVP Insurance Sales, William Raveis Insurance

860.919.8074

Heidi.Summa@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

474 Lane Gate Road, Cold Spring (Philipstown), NY, 10516

$1,200,000

Evan Berman - Broder Team

Sales Associate

William Raveis Real Estate

Phone: 860.306.6543

Evan.Berman@raveis.com

Paul Addamo

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.990.2486

paul.addamo@raveis.com

NMLS Mortgage Loan Originator ID 93047

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,756 $6,227 $8,363
Total Monthly Payment $5,881 $6,352 $8,488

* 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.