29-35 Bowen Court, Kent, NY 10512
Local realty services provided by:ERA Insite Realty Services
29-35 Bowen Court,Holmes, NY 10512
$3,400,000
- 98.77 Acres
- Lots / Land
- Active
Listed by: sandra o. rooney
Office: julia b fee sothebys int. rlty
MLS#:1011237
Source:OneKey MLS
Price summary
- Price:$3,400,000
About this home
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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Home facts
- Listing ID #:1011237
- Added:69 day(s) ago
- Updated:August 21, 2026 at 01:28 PM
Structure and exterior
- Lot area:98.77 Acres
Schools
- High school:Carmel High School
- Middle school:George Fischer Middle School
- Elementary school:Kent Elementary
Utilities
- Water:Shared Well
Finances and disclosures
- Price:$3,400,000
- Tax amount:$95,779 (2026)
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