54-66 Ramble Hill LaneMillbrook, NY 12545Price: $1,500,000

54-66 Ramble Hill Lane is just one of three properties approved for the newly created Hospitality Overlay District, in Millbrook, NY, allowing use as an inn. Millbrook is renowned for its quaint yet vibrant village, idyllic countryside, and rich history. With the adaptive reuse of existing buildings, the site has potential for up to 40 inn rooms with the following accessory uses: restaurant, bar/tavern that could be open to the public as well as room guests, and for the guests only, a spa, fitness gym and swimming pool. Additional possibilities with approval range from a magnificent single-family residence to a charming bed & breakfast, an educational institution, membership club, nursing or convalescent home, stable, corporate or religious retreat, along with the potential for subdivision to further residential development. Current zoning allows for 17 single family or two family homes. The historic Crawford Farm Estate, a sprawling Gilded Age marvel nestled on close to 32 acres, presents a once-in-a-lifetime opportunity to own a piece of history, ripe with potential and poised for transformation. 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 repurpose. 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. Full market value for 54-66 Ramble Hill is $3,701,000 with a total assessed value of $2,500,000. Taxes can be grieved once purchased. 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. 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. 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.