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266 Malden Turnpike, 
Saugerties, NY 12477

$729,000


6

Beds


6

Baths


3,200

Sq Ft


Multi-Family

Active

Listed by

Donna Gray

Redfin Real Estate

Last updated:

March 3, 2026, 12:47 PM

MLS#

957429

Source:

OneKey MLS

About This Home

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 — recently refreshed and move-in ready 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.

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1949

Price Summary

729,000

$227 per Sq. Ft.

MLS #:

957429

Last Updated:

March 3, 2026, 12:47 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6


Structure

Structure

Architectural Style:

Bungalow

Building Area:

3,200 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

87,120


Finances & Disclosures

Finances

Price:

$729,000

Price per Sq. Ft:

$227 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.