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29-35 Bowen Court

Holmes, NY 10512

  • $3,400,000
  • 98.77 Acres

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 setting, 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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Property Highlights
  • BUYER BROKER COMPENSATIONInfo : 2%
  • ELEMENTARY : Kent Elementary
  • MID. SCHOOL : George Fischer Middle School
  • HIGH SCHOOL : Carmel High School
  • VIEW : Lake
  • DAYS ON MARKET : 59
  • MLS : 1011237
  • Sandy Rooney

    Sandy Rooney

    Licensed Real Estate Salesperson
    M
    View My Profile

Additional Information

ADDITIONAL INFORMATION
  • DAYS ON MARKET: 59
  • ELEMENTARY SCHOOL: Kent Elementary
  • ELEMENTARY SCHOOL DISTRICT: Carmel
  • HIGH SCHOOL: Carmel High School
  • MIDDLE SCHOOL: George Fischer Middle School
  • ON MARKET DATE: 2026-06-12
  • SEWER: Shared Septic
  • TAX AMOUNT: $95,779
  • TYPE: Land
  • UTILITIES: Electricity Connected, Underground Utilities
  • VIEW: Lake

Listing Courtesy of Sandra Rooney of Julia B Fee Sothebys Int. Rlty (914.295.3500).

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Location for 29-35 Bowen Court, Holmes, NY

Schools for 29-35 Bowen Court, Holmes, NY

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

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Community

Hudson Valley>

Hudson Valley

, New York

Amid the picturesque landscapes of New York State, the Hudson Valley captivates with its natural beauty and historic charm. This region, just north of New York City, is renowned for its picturesque river...

Request More Info for 29-35 Bowen Court, Holmes, NY

  • Sandy Rooney

    Sandy Rooney

    Licensed Real Estate Salesperson
    M
    View My Profile
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