$1,099,000
 $5,900 est/mo Sourced by Back At You

185 Rock Ridge Avenue,Monticello, NY 12701

Monticello, NY 12701

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Description

Exceptional investment and development opportunity in the Town of Thompson, just outside the Village of Monticello! This rare 3-family income-producing property spans approximately 17 acres, including an estimated 11 buildable acres, offering tremendous potential for builders, developers, and savvy investors. Generate immediate rental income while planning for the future, as the property's greatest value lies in its exceptional development possibilities. Ideally positioned adjacent to the Village of Monticello, the property may offer the potential for access to village water, sewer, and other municipal services (buyer to verify). With the area's continued growth and increasing demand for housing, opportunities like this are becoming increasingly scarce. Conveniently located just minutes from shopping, dining, schools, Resorts World Catskills, and major highways, this is a rare chance to secure a high-potential asset with immediate cash flow and outstanding long-term upside.

Details

MLS #1032977
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1800
Days On Site47
Listing Provided ByBlooming Realty | Chaim Spitzer

Features

Bed(s)4
Bath(s) 1 Total
BasementY
Units3
Acreage17.27

Interior

CoolingNone
HeatingPropane
Interior FeaturesFirst Floor Bedroom

Exterior

Construction MaterialsAdvanced Framing Technique, Vinyl Siding

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Utilities

UtilitiesElectricity Connected
SewerSeptic Tank

Taxes

Tax Year2025
Tax Assessed Value136600
Tax Annual Amount5697.5

Area Information

StateNY
CountySullivan County
CityMonticello
Zip Code12701
School DistrictMonticello High School
Elementary SchoolKenneth L Rutherford School
High SchoolMonticello High School
Listing VS Median (in 12701)
Price:
$1,099,000
low | high
Med:
$390,000
100% of Average
On site:
47
low | high
Med:
139
33.812949640288% of Average
Sourced by Back At You

Market Activity 12701

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Learn More About This Property

StateNY
CountySullivan County
CityMonticello
Zip Code12701
School DistrictMonticello High School
Elementary SchoolKenneth L Rutherford School
High SchoolMonticello High School
Listing VS Median (in 12701)
Price:
$1,099,000
low | high
Med:
$390,000
100% of Average
On site:
47
low | high
Med:
139
33.812949640288% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $824K - $1.373M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
174 Rock Ridge Avenue Property Photo 1
$368,500
174 Rock Ridge Avenue
Monticello, NY 12701
Listing Updated: July 31, 2026 at 4:07:07 AM PDT