An exceptional chance to shape a premier residential development offering a combined 20 acres across two parcels - 160 Mott Farm Rd. (18 acres) and 3 Katavolos Dr. (2 acres), this property showcases sweeping Hudson River views, a serene natural backdrop, and proximity to the stunning Harriman State Park. Surrounded by distinguished homes, the setting presents an unmatched canvas for a high-end community. Preliminary concepts for a 6-lot subdivision are already underway, giving developers a valuable head start. The land also benefits from school zoning, opening up additional possibilities depending on your vision. With its scenic location, generous acreage, and remarkable potential, this is a rare opportunity to bring a standout project to life in one of the area’s most desirable pockets.
160 Mott Farm Road, Stony Point, NY, 10980
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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