$24,875,000

The Springs at Beekman is a fully approved, shovel-ready 199-lot single-family subdivision on 370 acres in the Town of Beekman, Dutchess County. All governmental approvals are in place (excluding building permits and a highway work permit), subdivision maps are recorded, easements are finalized, and HOA documents are complete. Construction can commence upon posting performance guarantees with the Town of Beekman. The site features approximately 104 acres of buildable land across 199 lots averaging 0.52 acres (ranging 0.3 to 1.5 acres), an 80-acre lake parcel with roughly 54 acres of water surface, 65 acres dedicated as town park and recreation field, and 91 acres of preserved passive open space. Numerous lots front open space, woods, or the lake. Seven approved model home plans range from 2,300 to 3,400 square feet. On-site public water and central sanitary sewer are approved and ready to install, a significant competitive advantage in the Town of Beekman and broader Dutchess County, where most new subdivisions rely on individual wells and septic. Full approval, permit, and entitlement documentation available upon execution of NDA. Located within the Arlington Central School District, with USPS-approved address service and school bus stop locations approved. Site access from Beekman Road (CR 9) and Green Haven Road (CR 8). Commuter access: 2.5 miles to the Taconic State Parkway, 3.3 miles to State Route 55, 7 miles to Interstate 84, 8.5 miles to the Pawling Metro-North station (Harlem Line), 20 miles to the Beacon Metro-North station (Hudson Line). The Town of Beekman is in a multi-year run of population and household growth while most of New York State has contracted. Local homeownership rates, household composition, and recent sales velocity all point to durable demand for new single-family products at this scale and price point. A third-party market and feasibility study completed in March 2026 supports the project fundamentals and is available as part of the diligence package.