BRIARCLIFF MANOR, N.Y. – A spacious ranch-style home on 5 acres along Old Sleepy Hollow Road that offers panoramic views of Pocantico Lake, Pocantico River and preserve land is currently for sale for $1.2 million with an approved subdivision into three parcels.
The property, located in the Briarcliff Manor Union Free School District, is in a quiet neighborhood on a dead-end street with a brook, surrounded by protected woodlands. It offers buyers the opportunity to walk out their door and into Pocantico Park and Rockefeller Park horse trails.
The listing agent, Susan Strawgate Code, a Realtor with Houlihan Lawrence in Briarcliff Manor, said the 5 acre property offers buyers a rare opportunity to purchase and combine the lots in any way they choose.
One purchasing option is to buy the entire property, Code said, and either build one house on 5 acres or use one, two or all three of the lots. A second option would be to purchase the one acre lot with the existing house for $645,000 and either keep it or expand it. A third option is to purchase the 2.6-acre undeveloped lot for $450,000. Code added that the owners would also consider selling the center lot, a 1.4-acre parcel, to the purchaser of either end lot to allow them the option of more privacy. The land would also be ideal for extended families looking to live close together, Code said.
"What is unique about this offering is that it could be used as a family compound,” she said.
Code said that property owners would be allowed to build an approximately 5,000-square-foot house on each of the parcels, according to the zoning approval.
The landowner, Old Sleepy Hollow Estates, has worked with Sunrise Building of Briarcliff Manor to draw up the approved plans including building envelopes, and can assist buyers during the construction process, Code said.
“This is a very rare find,” she said. “There is very little land left to be built on in the area, and certainly none that offers stunning water views combined with the close proximity to protected parkland."