332 Springtown Road, New Paltz

$975,000

5 Beds
4 Baths
3,139 Sqft
45 Acres
1 Garage

Calling All Investors, Farmers, An exceptional opportunity awaits at Gopal Farm. This expansive single-family residence with accessory apartments offers 5 bedrooms and 4 bathrooms, perfectly situated on 45 acres of pristine organic & permaculture farmland—providing all the benefits of farm living without the operational responsibilities. The property includes two large apartments and an additional studio on the lower level, with rental income potential exceeding 4,000 per month. Previously occupied by farm staff, all units are now vacant and ready to be leased at full market value. While the main home would benefit from some updating, it offers remarkable flexibility and investment potential—ideal for multi-generational living, rental income, or a combination of both. The whole farm is now available for sale for the first time in 10 years. The property can also be subdivided into two buildable 3+ acre flag lots, each valued at approximately 200,000, helping offset the overall purchase cost. A third agricultural lot may be created and conserved for additional income. The current farmer is willing to continue leasing the farmland, offering stable rental income and property-tax benefits.

Essential Information
MLS® #20256077
Price$975,000
Bedrooms5
Bathrooms4.00
Full Baths4
Square Footage3,139
Acres45.00
Year Built1971
TypeResidential
Sub-TypeSingle Family Residence
StyleRanch
StatusActive
Community Information
Address332 Springtown Road
AreaNew Paltz
CityNew Paltz
CountyUlster
StateNY
Zip Code12561
Amenities
# of Garages1
ViewMountain(s)
Utilities

Electricity Available, Electricity Connected

Interior
Interior FeaturesOther
AppliancesCooktop
CoolingDuctless
Heating

ENERGY STAR Qualified Equipment, Oil

Exterior
ExteriorFrame
ConstructionFrame
School Information
DistrictNew Paltz Central
Additional Information
ZoningA3
Listing Details
AgentMichael Carr
Listing Courtesy of eXp Realty
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