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Calling all investors and homeowners! This exceptional 3. 7-acre property at 72 Peddler Hill Rd in the Village of South Blooming Grove offers a rare combination of future development potential and an expansive 3, 172 sq ft residence. Whether you're seeking an investment opportunity, planning future development, or looking for a spacious home, this property checks every box. Investment & Development Opportunity: Set on a generous and mostly flat 3. 7 acre parcel, this land presents outstanding potential for rezoning and future development. Its topography and location open the door to a variety of possibilities such as a residential subdivision, community facility, or a mixed use project. With rapid growth and increasing demand in the area, the potential for a strong long-term return on investment is undeniable. The Residence: This impressive 3, 172 sq ft split-level home offers comfort, space, and versatility. The main floor features an open-concept layout, including a welcoming foyer, spacious living room, dining room, and a well-appointed kitchen with ample counter space and modern finishes. The upper level includes a generous primary suite with an en-suite bathroom, plus an additional bedroom and another full bath. The lower level expands your living options with additional bedrooms, another full bathroom, a laundry area, storage, and a large family room with walk-out access—perfect for extended living, entertaining, or flexible use. Outdoor Space: With 3. 7 acres of land, this property offers tremendous outdoor potential. Enjoy peaceful surroundings, ample privacy, and room for future improvements or development exploration. Don’t miss this unique opportunity to secure a property that blends immediate livability with future upside. Schedule your showing today to fully appreciate the scale, setting, and potential of 72 Peddler Hill Rd.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.885% |
| Monthly Tax Payment | $1,715 | $1,715 | $1,715 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,835 | $9,465 | $13,180 |
| Total Monthly Payment | $10,675 | $11,305 | $15,020 |
* 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.