234 Nichols Rd

Brewster, NY 10509

$14,500,000
Last Sold Price
17,391,330 / 399.25
Lot Size / Acres
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Closed 1/24/23
Closed 1/24/23
Salem View Farm is an epic offering, unique in scale and significance.

Description

Salem View Farm is an epic offering, unique in scale and significance. This dominant piece of the Hudson Valley landscape is over 399 acres, five parcels in total, in the Town of Southeast. Three of the lots are in the North Salem school district and the remaining two, in the Brewster school district. Old hay fields span gently rolling hilltops with wide vistas in all directions. This property has been nothing but farm for hundreds of years. It is surrounded by equestrian facilities, high value home...Salem View Farm is an epic offering, unique in scale and significance. This dominant piece of the Hudson Valley landscape is over 399 acres, five parcels in total, in the Town of Southeast. Three of the lots are in the North Salem school district and the remaining two, in the Brewster school district. Old hay fields span gently rolling hilltops with wide vistas in all directions. This property has been nothing but farm for hundreds of years. It is surrounded by equestrian facilities, high value home developments, and 93 year old Vails Grove golf course. Currently approximately 70 acres is hayed, while 300 acres remain wild woods, streams, and fallow fields. A portion of the woods are tapped for maple syrup. Its hard to imagine that such a magnificent piece of land will ever be available for sale again in this area. Here are endless agrarian opportunities, a fantastic setting for an equestrian paradise, and the potential to build homes with unparalleled views. The North Salem school district is highly rated, with less than 1,100 students K-12 and a 9 to 1 student/teacher ratio. Agricultural exemptions reduce property taxes to $7,009. A new development could potentially connect to a nearby sewage treatment plant with excess capacity. Significant road frontage on Nichols Road, Dingle Ridge Road and Peach Lake Road (Route 121). Less than a mile to I-84, less than two miles to I-684, just a mile to both Westchester County and Danbury, CT, the location is ideal. Click on the virtual tour for a panorama shot of the property. Use your mouse to do a full 360 degree tour.
  1. Listed by Brian McGrath • McGrath Realty Inc
    P: (845)-855-5550 C: (845)-721-0940 bmcgrath@mcgrathrealtyinc.com
  2. Listed by Claudia Jiskra • McGrath Realty Inc
    P: (845)-855-5550 C: (914)-447-3761 cjiskra@mcgrathny.com

Property Details for 234 Nichols Road

City/Township
Southeast
Development Status
Raw Land
Waterfront
No
LISTING UPDATED: 11/16/2024 08:48 AM

Property Details for 234 Nichols Road

StatusClosed
MLS #H6193293
Days on Market125
Taxes$101,839 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size399.25 AC
CountyPutnam County
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Location

Listing Courtesy of McGrath Realty Inc

Sold By Douglas Elliman Real Estate

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Building Information for 234 Nichols Road

Lot Size399.25 AC

Payment Calculator

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$81,502 per month

30 year fixed, 6.46% Interest

Principal and Interest

$73,015

Property Taxes

$8,487

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 234 Nichols Road

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: Peach Lake Road (SR 121) to Nichols Road. Nichols Road bisects the offering, three parcels west and two east.
  • State Or Province: NY
School Information
  • School District: North Salem
  • Elementary School: Pequenakonck Elementary School
  • Middle Or Junior School: North Salem Middle/ High School
  • High School District: North Salem
  • High School: North Salem Middle/ High School
Rental
Rental
  • Seasonal Rental: No
  • RentSpree Y/N: false
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 373089-068-000-0001-027-000-0000
  • Tax Assessed Value: $3,950,000.00
  • Additional Fees: No
  • Association: No
Interior and Exterior Features
Interior Features
  • Amenities: None
  • Location Amenities: Scenic View
  • Basement: No
Exterior Features
  • Exterior Property Features: Cleared, Level, Rolling Slope, Views
  • Elevation Certificate: No
  • Road Frontage Type: Municipal
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Cleared, Level, Rolling Slope, Views
  • Current Use: Horses
  • Site Features: Cleared, Level, Rolling Slope, Views
Utilities
  • Sewer: None
  • Water Source: None
Virtual Tour

Property History for 234 Nichols Road

DateEvent & SourcePriceAppreciation
Jan 24, 2023

Sold

ONEKEY #H6193293

$14,500,000—
Oct 25, 2022

Pending

ONEKEY #H6193293

—
Jun 22, 2022

Listed (Active)

ONEKEY #H6193293

$14,900,000—
DateEvent & SourcePrice
01/24/2023

Sold

ONEKEY #H6193293

$14,500,000
10/25/2022

Pending

ONEKEY #H6193293

—
06/22/2022

Listed (Active)

ONEKEY #H6193293

$14,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 234 Nichols Road

Taxable ValueLand$1,000,000Additions-Total$1,000,000
Tax Record2024$1,091 ($91 / month)
Home Facts
Lot Size4,356,871 SqFtStyleFarmsZoningR160CountyPUTNAMAPN373089 79.-1-57

Schools near 234 Nichols Road

This home is within North Salem Central School District.
Rating
School
Type
Grades
Distance
Pequenakonck Elementary School
Public - PK to 5
North Salem Middle School High School
Public - 6 to 12
Melrose School
Private - PK to 8
Rating
School
Distance
Pequenakonck Elementary School
PublicPK to 5

North Salem Middle School High School
Public6 to 12

Melrose School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McGrath Realty Inc

Based on information submitted to the MLS GRID as of 11/16/2024 08:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.