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234 Prospect Road

Blooming Grove, NY 10950 · Orange County

Beds
3
Baths
3
Sqft
2,761
Status
Active
On site
27 days

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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.**

Listed with eRealty Advisors, Inc · Joel Basch · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 5:09 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$6,435.15Total / mo

Estimated Monthly Payment

Principal & interest
$4,920.81 (76.5%)
Taxes
$1,314.33 (20.4%)
Insurance
$200.00 (3.1%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Blooming Grove, NY

Current Listings

New in the last 30 days

4

Sep 2026

Average Price

Active listings

$1,187,207

Sep 2026

Average Days on Market

Active listings

199 days

Sep 2026

Computed from 28 active OneKey MLS listings in Blooming Grove, NY.

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