Feller Newmark Road, Red Hook, NY, 12571 | $1,500,000

Attention Developers and Builders: Welcome to The Preserve at Lakes Kill – A Rare and Remarkable Hudson Valley Opportunity Nestled in the heart of Red Hook, NY, just off the scenic and sought-after Feller Newmark Road, The Preserve at Lakes Kill offers a unique, turn-key residential cluster development spanning 100 pristine acres. This thoughtfully planned enclave consists of 14 land parcels, including 11 approved building lots, each ranging from approximately a half acre to just over an acre, with private access roads and generous setbacks ensuring peace and privacy. What sets The Preserve apart is its extraordinary commitment to conservation and natural beauty. Of the 100-acre parcel, a remarkable 89 acres are protected under a conservation easement held by the respected Winnakee Land Trust. This expansive preserve forms a permanent natural buffer and offers homeowners direct access to tranquil woodlands, winding walking trails, and the serene banks of Lakes Kill, a trout-rich stream that flows into the Saw Kill. Whether you're an avid hiker, birdwatcher, or simply crave the soothing sounds of nature, this sanctuary offers a lifestyle immersed in the outdoors. This project comes with full approvals in place, including a state-of-the-art community septic system, designed to serve the homes collectively and to be managed by the Dutchess County Water and Wastewater Authority after the development is completed. Additional infrastructure is already underway: a private road has been roughed in from Feller Newmark Road through the site, stormwater management systems are in place—including a designated retention area—and underground electric service has been brought to the first lot. The building envelope has been selectively cleared and partially graded, nearly ready for construction to begin. Residents of The Preserve will also be part of a homeowners association that will own and maintain both the conservation land and private roads, ensuring long-term stewardship and shared enjoyment of the community’s most valuable assets. Conveniently located in the Red Hook Central School District, The Preserve offers the best of both town and country living. You're just 5 minutes to the charming village of Red Hook, 10 minutes to Rhinebeck, and only 5 minutes to the Taconic State Parkway—providing easy access to parks, golf courses, shopping, fine dining, farmers’ markets, and cultural attractions throughout the Hudson Valley. This is more than a development—it's a fully entitled, infrastructure-ready opportunity for builders and developers to create a distinctive residential community, surrounded by conserved natural beauty, in one of the Hudson Valley’s most desirable locations.

Features

  • Elem. School: Mill Road-Primary Grades
  • Middle School: Linden Avenue Middle School
  • High School: Red Hook Senior High School
  • School District: Red Hook
  • MLS#: 855845
  • Days on Market: 190 days
  • Website: https://www.raveis.com
    /prop/855845/fellernewmarkroad_redhook_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.Listing courtesy of BHHS Hudson Valley Properties   Phone: 845-876-8600

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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Feller Newmark Road, Red Hook, NY, 12571

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,720 $7,291 $10,045
Total Monthly Payment $6,845 $7,416 $10,170

* 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.