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00 Lucas Ave Extension, Hurley, NY, 12443 | $3,500,000
Exceptional 450-Acre Development Opportunity in Ulster County, NY. This rare 450-acre offering in the scenic Town of Hurley presents a unique chance to shape the future of one of Ulster County's most desirable landscapes. Five minutes from Uptown Kingston, the property spans 14 contiguous parcels, combining scale, accessibility, and natural beauty. It is an unparalleled opportunity for visionary developers, conservation groups, or private estate planners seeking to create something extraordinary.
The land is lightly forested and well-suited for eco-conscious development that integrates the natural environment. Primary access is through a 39-acre parcel with a wide existing curb cut leading directly into the heart of the property. An existing home on this parcel could serve as a central headquarters during development. On the far side, the acreage extends 3, 000 feet along the State Route 209 Rail Trail, with direct access available. This increasingly popular recreational trail welcomes hikers, bikers, and outdoor enthusiasts, connecting the property to the broader Ulster County landscape.
All parcels are zoned R-1, allowing for a variety of residential uses. The property's scale and flexibility make it ideal for residential subdivisions, clustered housing, or conservation-focused projects that preserve the land's natural character.
The location is highly strategic. Just minutes from Kingston's vibrant historic district, Stone Ridge, and the Catskill Mountains, the property offers quick access to the NYS Thruway, Route 28, and Route 209. Its connectivity to the Hudson Valley, New York City, and Albany further enhances its long-term value.
This is one of the last remaining large land tracts of its kind in the region. It offers both immediate development potential and the security of long-term land banking, making it a truly exceptional investment opportunity.
Features
- Zoning: R-1
- Lot Desc: Gentle Sloping, Level, Many Trees, Private, Wetlands
- School District: Kingston
- MLS#: 20254095
- Days on Market: 236 days
- Website: https://www.raveis.com
/prop/20254095/00lucasaveextension_hurley_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills RegionListing courtesy of Coldwell Banker Village Green
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
00 Lucas Ave Extension, Hurley, NY, 12443
$3,500,000
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
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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 | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,246 | $16,563 | $23,064 |
| Total Monthly Payment | $15,371 | $16,688 | $23,189 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535