242 Prospect Road, Blooming Grove, NY 10950
Local realty services provided by:CENTURY 21 Kafcos Realty
242 Prospect Road,Blooming Grove, NY 10950
$999,000
- 3 Beds
- 2 Baths
- 1,678 sq. ft.
- Single family
- Active
Listed by: joel basch
Office: erealty advisors, inc
MLS#:1062059
Source:OneKey MLS
Price summary
- Price:$999,000
- Price per sq. ft.:$595.35
About this home
**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.**...
Contact an agent
Home facts
- Year built:1980
- Listing ID #:1062059
- Added:10 day(s) ago
- Updated:October 24, 2026 at 11:29 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Walk-Out Access
- Living area:1,678 sq. ft.
Heating and cooling
- Heating:Baseboard, Oil
Structure and exterior
- Year built:1980
- Building area:1,678 sq. ft.
- Lot area:1 Acres
- Architectural Style:Split Level
- Construction Materials:Frame
Schools
- High school:Washingtonville Senior High School
- Middle school:Washingtonville Middle School
- Elementary school:Round Hill Elementary School
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$595.35
- Tax amount:$12,873 (2025)
Features and amenities
- Pool features:In Ground
Parking
- Parking description:Driveway
- Garage:Yes
- Garage spaces:2
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