North Salem, NY

  • $4,500,000
  • 5285 SQ.FT.
306 Hardscrabble
North Salem, NY 10560

Property Type:

INVESTMENT OR COUNTRY REFUGE! AS AN INVESTMENT: This 26 acre facility is fully leased. The equestrian area, with its own driveway, has 2 barns, 25 stalls, indoor ring, grand prix ring and multiple paddocks. The circa 1840 federal colonial has more than 5, 000 sq.ft., 5br, spectacular Christopher Peacock kitchen, 3 porches and a detached building with 2 apartments. The residential and equestrian areas are separately leased and the annual net income to the current owner is approx. $250K. AS A REFUGE: Only 1 hour to NYC, Autumn Farms offers open spaces, privacy and ultimate serenity. The country landscape and the sunset views are spectacular. There is also beautiful heated pool, putting green and 26 acres to enjoy. Just down the road are apple orchards, farm stands and Metro North. A new owner can have it all leased, or occupy the residential area and lease the separate equestrian area or vice versa. With the AG exemption net taxes are under $65K. This is an unparalleled opportunity!

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