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Colonie, NY 12047 · Albany County
Discover an exceptional opportunity on this 5-acre property featuring two move-in ready homes and three additional subdividable lots, offering endless potential for living, investing, or developing. Perfectly situated in a highly convenient location, this unique property combines privacy, versatility and value-whether your seeking multigenerational living, rental income, or room to expand. The main home offers comfortable, light-filled living spaces with modern updates, while the second home provides the ideal setup for extended family, guests, or a turnkey income-producing rental. With three lots ready to be subdivided, builders and investors will appreciate the flexibility to create new homes, sell parcels, or hold for future value. Surrounded by mature trees and open land, the property maintains a peaceful, rural feel while still being just minutes from shopping, dining, schools, and major commuting routes. Opportunities like this-a blend of acreage, multiple homes, and development potential in such a convenient setting-are truly rare. Also includes a 24x56 pole barn & 40x60 w/22' door commercial garage. Whether you're envisioning a family compound, an investment portfolio, or a development project, this property delivers unmatched versatility and long-term promise.
Colonie is in Albany County, NY. There are currently 86 active listings here, ranging from $30,000 to $3,900,000. Listings in this address fall under the North Colonie school district. Priced 195% above the Colonie median of $407,400.
See Sharon's Colonie community guide26 facts about this property
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Hunt Real Estate ERA · Listed by Amy M Rosenthal (20811)
Contact: 518-322-2635
MLS #202530026 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.