47 Rock Road N Carmel, NY $ 2,350,000
47 Rock Road N
$ 2,350,000
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47 Rock Road N

Carmel, NY, 10512
$ 2,350,000
Bedrooms-- Baths0.0 Sq 1,550,736

Monthly Estimate*

$ 14,838

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Lots and Land for sale in Carmel, NY

for $2,350,000. This 1,550,736 square foot property was built on a lot size of 35.6.

A rare opportunity to acquire approximately 36 acres of income-producing lakefront property just one hour north of New York City, with convenient access by both car and Metro-North. The property combines immediate cash flow, substantial acreage, recreational appeal, and significant long-term development potential. The compound includes 11 homes, a fully on-grid tiny house, and an Argosy camper. The owner holds six of the homes outright, while five additional homes occupy the property under land leases. Together, these assets generate both residential rental income and recurring land-lease revenue. When fully occupied, the property produces a 7.5% capitalization rate, offering investors a turn-key opportunity with established income from day one. All current tenants are on month-to-month leases allowing for maximum flexibility for the new owner. The property also presents a compelling opportunity for an owner-user seeking a private Hudson Valley retreat. An owner could create an expansive upstate compound where family and friends gather for weekends of boating, hiking, and outdoor recreation, while the existing homes and land leases help offset the cost of ownership. The acreage also provides ample space to develop a private estate or multi-generational family compound. The current owners use the house at 47 Rock Rd, along with the attached ‘glampground’ as a private getaway from the city. They have spent years clearing and beautifying the land, including planting ornamental cherry trees throughout the property. Spring hikes, huge outdoor gatherings in summer, camping in fall, sledding in winter, they use the property as a year-round destination for friends and family. The property is offered 100% turn-key - the tiny home, RV, plow truck, and UTV all convey with the sale. Rolling hills, mature landscaping, scenic trails, and the natural beauty of Lake Gilead surround the property. The setting offers exceptional privacy while remaining remarkably accessible to New York City - close enough for spontaneous weekends and extended stays, yet secluded enough to feel like a true escape. Generate income today. Create additional value tomorrow. This lakefront Hudson Valley compound gives its next owner the flexibility to operate it as an income-producing investment, pursue future development, create a private retreat, or combine all three.

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Lots and Land Active

Price

$ 2,350,000

Property Type

Lots and Land

Taxes

$ 38,522

Style

Lot Size

35.6

Town/City

Carmel

County/Region

Putnam

MLS | Web ID

1037855

Features
General
Sewer Septic Tank
Zoning R
Tax Year 2025
Current Use Residential
Parcel Number 372000-055-000-0002-017-000-0004
County Putnam County
Property Type Land
High School Carmel High School
City Carmel
Senior Community Y/N N
High School District Carmel
Elementary School Kent Primary
Tax Annual Amount 38522
Middle/Junior High School George Fischer Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Carmel
Elementary School District Carmel
Tax Assessed Value 136200
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Exterior
Waterfront Y/N Y
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Internal Only
Street Number 1 47
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* Excluded Features
List By
Nicholas Sten

Listing Agent

Corcoran Country Living

Broker

nicholas.sten@corcorancl.com

Email

Affordability Calculator

$18,048
Per Month
82%
18%
0%
Monthly Principal & Interest
$14,838
Monthly Property Taxes
$3,210
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892720 Elementary School
4100096 Middle School
Carmel High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$2,350,000 Listed Price

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47 Rock Road N, Carmel, NY, 10512 is a Lots and Land for sale at $2,350,000 with 1,550,736 sqft and a lot size of 35.6. 47 Rock Road N has 0.0 baths. The property's zip code is 10512 which is in Carmel, NY