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29-35 Bowen Court

Holmes, NY 10512
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$3,400,000 $14,334/Mo
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Acres98.77

Acres(Lot)

Exceptional investment and development opportunity offering nearly 100 acres across two contiguous parcels with six existing single-family homes, including two waterfront residences situated on a private 5-acre lake. Owned by the same family since 2001, the property was privately occupied until 2016 and is now fully leased, providing immediate income with significant upside potential. All tenants are currently on month-to-month leases, and rents are believed to be below current market rates. The portfolio includes three 3-bedroom homes, two 5-bedroom homes, and one 6-bedroom home. Current gross rental income is approximately $16,150 per month, with rents remaining largely unchanged for many years. Additional features include shared well water and septic systems, a private dead-end road set ting, and substantial undeveloped acreage. The property is currently approved for single-family residential use and presents a rare opportunity for investors, developers, builders, or end users seeking a private compound, income-producing asset, or future development potential. Buyers are encouraged to conduct their own due diligence regarding zoning, subdivision possibilities, and development opportunities.

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Detail Ic Property Details

Property Type : Land

Price : $3,400,000

AD Id : 84762127

MLS Id : 1011237

Lot Size : 98.77 Acres(Lot)

County : Putnam

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  • Lot Information

    Lot Size Acres: 98.77 Lot Size Square Feet: 4302421

  • Listing Price Information

    Listing Price: $3400000

  • Tax Information

    Annual Tax: $95779

  • School Information

    Elementary School: Kent Elementary
    Junior High School: George Fischer Middle School
    Senior High School: Carmel High School

  • Utility Information

    Electricity Connected, Underground Utilities

  • Location Information

    WaterSource: Shared Well
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey 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. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/23/2026 @ 02:28

MLS: 1011237 LISTED BY: Sandra Rooney, Julia B Fee Sothebys Int. Rlty 914-295-3500 SOURCE: OneKey MLS

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