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There are opportunities… and then there are opportunities that allow you to shape an entire vision from the ground up. Welcome to Cranberry Drive in Highland Mills, where this shovel ready subdivision presents a remarkable chance to create something truly special in the heart of Woodbury, NY. This offering provides a rare plug and play development opportunity for a builder or investor ready to break ground in one of Orange County’s most desirable neighborhoods. The thoughtfully designed subdivision features seven individual parcels ranging from efficient 0. 72 acre lots to a spectacular 5. 33 acre anchor estate, offering flexibility for a variety of development visions. The anchor parcel may even present additional subdivision potential, creating further possibilities for those looking to maximize the value of this unique offering. Imagine the possibilities. A curated enclave of custom homes designed to capture the beauty of the Hudson Valley. Sun filled living spaces, peaceful surroundings, and homes crafted to meet the desires of today’s buyers who are seeking both privacy and connection. Vacant land like this offers something resale homes never can: the ability to create every detail from scratch, exactly the way it was imagined. New York City is approximately 45 miles away, making commuting accessible with nearby connections to Route 32, Route 17, the New York State Thruway, and Metro North rail service from Harriman Station. Life in Highland Mills places you at the center of some of the Hudson Valley’s most loved destinations. Spend weekends exploring the miles of trails and lakes at Harriman State Park, enjoy world class shopping at Woodbury Common Premium Outlets, or unwind at the region’s celebrated Hudson Valley wineries, farm markets, and local restaurants. Residents of Woodbury enjoy access to two town parks available exclusively to those who live within the community, adding another layer to the lifestyle this area offers. The Woodbury Reservoir features paddle boating, summer camp programs, BBQ pits, covered picnic and gathering areas for rainy days, along with live bands, summer events, and seasonal activities throughout the warmer months. Residents also have access to the Town of Woodbury pool complex in Central Valley, a destination many compare to a small waterpark that becomes a centerpiece of summer recreation and community events. Development opportunities that are engineered, approved, and ready to move forward are becoming increasingly rare. This property offers the ability to move from vision to reality without the typical delays of land development. For builders, investors, or visionaries ready to create something exceptional in the Hudson Valley, Cranberry Drive may be the opportunity you have been waiting for.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$2,497,000
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 | $1,997,600 | $1,997,600 | $1,997,600 |
| 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 | $11,186 | $12,138 | $16,722 |
| Total Monthly Payment | $11,311 | $12,263 | $16,847 |
* 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.