47 Rock Road N, Carmel, NY 10512

Carmel
Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
47 Rock Road N,Carmel, NY 10512
$2,350,000
  • 35.6 Acres
  • Lots / Land
  • Active
Listed by: nicholas sten
Office: corcoran country living
MLS#:1037855
Source:OneKey MLS

Price summary

  • Price:$2,350,000

About this home

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...

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Home facts

  • Listing ID #:1037855
  • Added:46 day(s) ago
  • Updated:September 29, 2026 at 11:45 AM

Structure and exterior

  • Lot area:35.6 Acres
  • Lot Features:Views, Waterfront, Wooded

Schools

  • High school:Carmel High School
  • Middle school:George Fischer Middle School
  • Elementary school:Kent Primary

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,350,000
  • Tax amount:$38,522 (2025)
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