651 Lakes Rd
Listing Notes
Rare opportunity to purchase this gorgeous property that consists of 3 homes nestled on 3.5 beautiful acres. The main Colonial residence has been gutted and will need to be renovated/rebuilt, however, you can live in one of the additional two residences while you renovate! The 2nd residence called the "stone cottage" has 2 fieldstone fireplaces, a full kitchen, a vaulted ceiling in the bedroom, a washer/dryer, and a full bath. The 3rd residence is called the "white cottage" and sits atop the highest point on the property. This charming cottage has 2/3 bedrooms, a large kitchen, a full bath, and a new 400 sq ft Trex deck with custom railings that is totally private to enjoy the 3.5 acres of trees and woods. Perfect opportunity to rent out the additional homes and have the property pay for itself. The property has all this to offer, stone walls surrounding the compound, 50,000-gallon custom built gunite in-ground pool with glass tile, patios overlooking the gorgeous park-like grounds, and a tennis/pickleball/basketball sports court. All this and you also have lake rights and the property is located in the sought after Village of Monroe near Mill Pond with Monroe-Woodbury Schools. Fantastic commuter location, close to restaurants, quaint boutiques, farmers markets, wineries, shopping, state parks, 50 miles to NYC, near 84, 87, 17, Metro North/ NJ Transit & buses to NYC, Stewart & West Point. Schedule to see it now, this one will not last. Owner open to creative offers and/or partnering on renovation and sale!
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $500,000 to $1,299,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 30 Harding Way | $500,000 | — |
| 22 Cambridge Cir | $525,000 | 4 bd · 3 ba |
| 150 Lake Region Blvd | $549,000 | 4 bd · 3 ba |
| 44 Wilson Rd | $549,000 | 3 bd · 3 ba |
| 31 Laura Rd | $549,900 | 3 bd · 3 ba |
| 56 Poplar Dr | $550,000 | 3 bd · 2 ba |
| 152 Highland Ave | $579,000 | 3 bd · 2 ba |
| 24 Ironworks Rd | $589,000 | 4 bd · 3 ba |
| 27 Walton Ter | $599,900 | 4 bd · 4 ba |
| 10 Hidden Dr | $635,000 | 4 bd · 3 ba |
| 67 Carol Dr | $649,000 | 5 bd · 3 ba |
| 23 Allison Dr | $659,900 | 5 bd · 3 ba |
| 228 W Mombasha Rd | $699,000 | 4 bd · 3 ba |
| 235 Sunset Ter | $719,999 | 4 bd · 3 ba |
| 16 Willard Pl | $739,000 | 4 bd · 3 ba |
| 27 Margaret Rd | $749,999 | 4 bd · 3 ba |
| 176 Beverly Rd | $777,000 | 4 bd · 3 ba |
| 17 Allison Dr | $795,000 | 4 bd · 4 ba |
| 311 Rye Hill Rd | $845,000 | 5 bd · 3 ba |
| 27 Deangelis Dr | $960,000 | 4 bd · 5 ba |
| 53 Gibson Hill Rd | $1,100,000 | 5 bd · 4 ba |
| 133 W Mombasha Rd | $1,149,000 | 5 bd · 3 ba |
| 556 Lakes Rd | $1,175,000 | 4 bd · 3 ba |
| 16 Sunset Ridge Rd | $1,299,000 | 4 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more