266 Malden Turnpike • Saugerties, NY 12477

$729,000 • Beds: 6 • Baths: 6 full • Sq. Feet: 0 • MLS ID: 957429 • Subdivision: • School Dist: Saugerties
Set just off Malden Turnpike, this versatile 6-bedroom, 5.5-bath multi-family ranch sits on 17 acres (15 acres are from adjacent lot) with beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential.The property includes four well-proportioned units, each with its own meter and designated parking:Studio with full bath - long-term tenant in place2BR / 1.5BA unit - tenant in place2BR / 2BA duplex - tenant in place1BR / 1BA landlord suite - includes a generous living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal renovations & cosmetic updates, the suite could serve as a very comfortable owner's residence while the remaining units offset carrying costs.Land & Development PotentialThe combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey is included to support future development or expansion.Notable improvements and features include:Recent connection of all units to city water20-year leach fieldRecent (favorable) roof inspectionPreliminary evaluation of additional acreage for organic farming (details can be provided to contracted buyer, if desired)The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening, relaxing, or barbecuing from the owners' suite patio. A beautiful stream runs behind the property, with a bridge providing access to the remaining acreage.Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment opportunity in a desirable area, this property offers impressive potential. Mountain views County & Private Road access Convenient to Woodstock, Saugerties & the Catskills. View this listing at: http://donnamariechaimanis.laffey.com/mls=957429

Property Features

  • Taxes: $11,151
  • Basement: Yes
  • Exterior: Aluminum Siding
  • Special View Info: Mountain(s)
  • Lot Size: 17.00 Acres
  • Heating: Electric,Natural Gas
  • Cooling: Multi Units,Wall/Window Unit(s)
  • Year Built: 1949
  • Water: Public
  • Sewer: Cesspool
  • Units: 4
  • On Market Date: 2026-03-02
  • Basement: Unfinished
  • Building Area Total: 3200
  • House Faces: North
  • Fencing: None
  • Flooring: Carpet,Hardwood,Laminate,Tile
  • Interior Features: First Floor Bedroom,First Floor Full Bath,High Speed Internet,In-Law Floorplan
  • Laundry: Electric Dryer Hookup,Laundry Room,Washer Hookup
  • Separate Electric Meters: 4
  • Separate Gas Meters: 1
  • Attic: Crawl
  • Heating Units: 1
  • Heating Zones: 4
  • Parcel Number: 4889-009.003-0007-045.100-0000
  • Parking Features: Parking Lot
  • Patio And Porch: Patio
  • Rental Term: Monthly
  • Utilities: Cable Available,Electricity Connected,Natural Gas Connected,Trash Collection Public,Water Connected
  • Waterfront Features: Stream
  • Window Features: Casement,Drapes

School Information

  • High School: Saugerties Senior High School
  • Middle School: Saugerties Junior High School
  • Elementary School: Cahill
  • School District: Saugerties
Printed March 21, 2026

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