About the Listing RANDBH - 66892

Interior showings have now begun; property is fully available! Calling all builders, contractors, and savvy investors—this is a rare opportunity with exceptional upside. This property is currently in the process of being cleaned out, presenting a blank canvas for renovation and value creation. A truly one-of-a-kind investment opportunity in the sought-after Chappaqua School District—2 houses for the price of one! This eclectic & historic property offers unmatched versatility, character & endless potential. Originally built in 1920 as a horse stable & previously home to a Houlihan Lawrence office, the property has served multiple uses over time, including commercial space & residential rentals. Designated as Property Class 280, this rare multi-residence offers 2 distinct structures set on a 1.122-acre parcel, featuring a total of 4,559 square feet, 6 bedrooms & 4 bathrooms. The left residence, a 2,885 SQFT contemporary barn-style structure, features cathedral ceilings, a spiral staircase, large back deck, & a 1,330 SQFT garage with oversized doors—perfect for a workshop, artist studio, or car collection. Inside, you’ll find 3 bedrooms & 2 bathrooms in a loft-like layout. The right residence, a 1,674 SQFT traditional-style structure, offers a more classic floor plan with 3 bedrooms & 2 bathrooms, a formal dining and living room, 2nd floor laundry room, front & back porches, & an unfinished walk-out basement. Truly a special property—private, wooded, park-like grounds highlighted by Gedney Brook, which meanders behind both structures. Surrounded by protected land with no neighboring developments. Additional features include two separate driveways, one of which is a U-shaped driveway, and parking that could easily fit over a dozen vehicles. Ideally located just minutes from downtown Chappaqua and Mount Kisco, each offering a Metro-North station for an easy commute to NYC. Enjoy the convenience of being within walking distance to Seven Bridges Middle School and close to the North–South County Trailway, New Croton Reservoir, Kitchawan Preserve, Pruyn Audubon Sanctuary, and several swim and tennis clubs. Single-family properties in this area typically generate rental income between $6,000 and $12,000 per month and sell for $1.5M to $2M, offering excellent potential for high-ROI, cash flow, long-term appreciation, and strong resale value—making this an ideal opportunity for experienced investors, contractors, flippers, or future homeowners. PLEASE NOTE: Showings by appointment only for qualified, serious buyers. Property is being sold STRICTLY AS-IS & CASH OFFERS are strongly encouraged. Full updating/renovation required. A rare & extraordinary opportunity in one of Westchester’s most desirable areas—this property will not last.

Listing Highlights