Bethlehem, NY 12158 · Albany County

This 2-acre Bethlehem property, formerly Cedar Hill Rest Home, sits among mature pine trees with the Mohican Indian Preserve bordering the rear. The 5,400-square-foot multi-family structure offers ten bedrooms and bathrooms, a full basement, a 40-foot well in good condition, and access to town water at the road. Approved stamped blueprints for a 5-unit building provide a redevelopment path, whether through full rehabilitation or new construction. The parcel also includes a 3-bay garage and 20-by-20-foot workshop, with no HOA fees.
The old Cedar Hill Rest home in Bethlehem is currently for sale: it offers a 2 acre parcel with beautiful pine trees, the back end of the property borders Mohican Indian preserve. The 40 ft. well is in very good condition, in need of a well pump. Also town water is available at the road. Stamped blue prints for a 5 unit building has been approved. Possible full rehab or tear down. 3 bay garage + 20 x 20 workshop in the back.
The price signals we can read on this listing today. For a true sense of value against recent Bethlehem sales, Sharon will pull the comparable closings and walk you through them.
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The price signals we can read on this listing today. For a true sense of value against recent Bethlehem sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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Bethlehem is in Albany County, NY. There are currently 53 active listings here, ranging from $40,000 to $1,875,000. Listings in this address fall under the Ravena-Coeymans-Selkirk school district. Priced 77% below the Bethlehem median of $415,000.
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Eunice & Co Realty · Listed by Eunice H Dawson (5977)
Contact: 518-461-3061
MLS #202626327 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Activity across 3 MLS listings of this property.
Public assessment record for the Bethlehem roll · Ravena-Coeymans-Selkirk school district · Homes for the Aged
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $63,500 | $99,219 | +10.9% |
| 2024 | $63,500 | $89,437 | +5.6% |
| 2023 | $63,500 | $84,667 | +14.7% |
| 2022 | $63,500 | $73,837 | +8.1% |
| 2021 | $63,500 | $68,280 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.