Single Family
242 Prospect Road
Active · Blooming Grove · Orange County, NY 10950
- Bedrooms
- 3 Beds
- Bathrooms
- 2 Baths
- Year built
- 1980
- Est. monthly taxes
- $1,072.78
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About this home
**A Rare Development & Investment Opportunity** This is far more than three homes—it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations: **234 Prospect Road • 236 Prospect Road • 242 Prospect Road** Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.** The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals). Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas. While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential. Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.** surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**
Listing snapshot
- Days on site
- 15 days
- Listed on MLS
- Oct 13, 2026
- Full baths
- 1
- Half baths
- 1
- Annual property tax (MLS)
- $12,873.38
- Tax year
- 2025
- Area source (MLS)
- Other
- Listing brokerage
- eRealty Advisors, Inc
- MLS ID
- KEY1062059
- Last updated
- Oct 14, 2026
General features
- Property type
- Single Family
- Property subtype
- Single Family Residence
- Year built
- 1980
- Garage
- Yes
- Garage spaces
- 2
- Parking
- Driveway
- Water source
- Well
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Phone Available, Trash Collection Public
Interior features
- Basement
- Walk-Out Access
- Heating
- Baseboard, Oil, Other
- Cooling
- Wall/Window Unit(s)
- Interior
- Other
- Appliances
- Other
Exterior features
- Architectural style
- Split Level
- Construction materials
- Frame
- Private pool
- Yes
Schools (MLS)
- Elementary school
- Round Hill Elementary School
- Elementary school district
- Washingtonville
- Middle school
- Washingtonville Middle School
- Middle school district
- Washingtonville
- High school
- Washingtonville Senior High School
- High school district
- Washingtonville
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Estimate monthly payment
Estimated monthly principal & interest—
Monthly property taxNot provided
Monthly association / maintenance feesNot provided
Estimated monthly total of entered costs—
Listing data is supplied by the MLS and may change without notice.
