242 Prospect Road, Blooming Grove, NY 10950

$999,000
  • 242 Prospect Road, Blooming Grove, NY 10950 Main Photo

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Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,678 MLS#1035856
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLWashingtonville

Property Description

**A Rare Development & Investment Opportunity**This is far more than three homes-it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations:**234 Prospect Road 236 Prospect Road 242 Prospect Road**Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.**The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals).Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas.While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential.Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.**surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**

242 Prospect Road | MLS# 1035856

This single family home located at 242 Prospect Road, Blooming Grove, NY 10950 is currently listed for sale with an asking price of $999,000. This property was built in 1980 and has 3 bedrooms and 1 full and 1 partial baths with 1678 sq. ft. Prospect Road is located within the Washingtonville school district. Search Blooming Grove real estate on www.coachrealtors.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Walk-Out Access
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Baseboard, Oil, Other
Home Style: Split Level
Lot Size: 1.00 Acres
Taxes: $12,873
Year Built: 1980

Amenities

Other

Feature Descriptions

Appliances: Other
Attic: Pull Stairs
Days on Site: 29
Exterior: Frame
GarageY/N: Yes
On Market Date: 2026-08-21
Parcel Number: 332003-203-000-0001-008.000-0000
Parking Features: Driveway
Pool Features: In Ground
Rental Term: Monthly
Rooms Total: 6
Sewer: Septic Tank
Swimming Pool: Yes
Utilities: Electricity Connected, Phone Available, Trash Collection Public
Water: Well

Local Schools

High School: Washingtonville Senior High School
Middle School: Washingtonville Middle School
Elementary School: Round Hill Elementary School
School District: Washingtonville

Listed By / Shown By

Listing By

Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330

Shown By

Agency Title: Howard Hanna | Coach Realtors
Agency Phone: 800.321.RELO

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Estimated Payment

$ 5,654.40 per month $4,290.28 Principal & Interest $1,072.75 Property Tax $291.38 Homeowner's Insurance

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