About 266 Malden Turnpike
Set just off Malden Turnpike, this versatile 6-bedroom, 5.5-bath multi-family ranch sits on 17 acres (15 acres are from adjacent lot) with beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential. The property includes four well-proportioned units, each with its own meter and designated parking: Studio with full bath — long-term tenant in place 2BR / 1.5BA unit — tenant in place 2BR / 2BA duplex — tenant in place 1BR / 1BA landlord suite — includes a generous living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal renovations & cosmetic updates, the suite could serve as a very comfortable owner’s residence while the remaining units offset carrying costs. Land & Development Potential The combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey is included to support future development or expansion. Notable improvements and features include: Recent connection of all units to city water 20-year leach field Recent (favorable) roof inspection Preliminary evaluation of additional acreage for organic farming (details can be provided to contracted buyer, if desired) The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening, relaxing, or barbecuing from the owners’ suite patio. A beautiful stream runs behind the property, with a bridge providing access to the remaining acreage. Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment opportunity in a desirable area, this property offers impressive potential. • Mountain views • County & Private Road access • Convenient to Woodstock, Saugerties & the Catskills.
Features of 266 Malden Turnpike
| MLS® # | 957429 |
|---|---|
| Price | $695,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 3,200 |
| Acres | 17.00 |
| Year Built | 1949 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 266 Malden Turnpike |
|---|---|
| City | Saugerties |
| County | Ulster County |
| State | NY |
| Zip Code | 12477 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected |
|---|---|
| Parking | Parking Lot |
| View | Mountain(s) |
| Is Waterfront | Yes |
| Waterfront | Stream |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Laminate, Tile |
|---|---|
| Interior Features | First Floor Bedroom, First Floor Full Bath, High Speed Internet, In-Law Floorplan |
| Heating | Electric, Natural Gas |
| Cooling | Multi Units, Wall/Window Unit(s) |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
Exterior
| Windows | Casement, Drapes |
|---|---|
| Construction | Aluminum Siding |
School Information
| District | Saugerties |
|---|---|
| Elementary | Cahill |
| Middle | Saugerties Junior High School |
| High | Saugerties Senior High School |
Additional Information
| Date Listed | March 2nd, 2026 |
|---|---|
| Days on Market | 202 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Redfin Real Estate |
|---|