Colonie, NY 12047 · Albany County

Five acres in Colonie zoned for single-family residential use, consisting of two parcels in the North Colonie school district. The property includes a 3,200-square-foot main residence with five bedrooms, a separate three-bedroom house, and a 40-by-60-foot insulated steel-frame building with 200-amp electrical service. Located adjacent to the North Colonie Soccer Complex with direct access to Wolf Road's dining and retail corridor, major highways, and the Pine Bush Preserve, the parcel may support subdivision into eight to twelve residential lots, subject to municipal review and approval. Bordering protected conservation land on two sides provides privacy and constrains future neighborhood development.
5-acre offering consisting of two parcels being sold in the North Colonie School District. The property features a 3,200 SF, five-bedroom main house and a three-bedroom second house offering an opportunity for updating, plus a 40' x 60' insulated steel-frame outbuilding with 200-amp electrical service. Adjacent to the North Colonie Soccer Complex, the property offers potential for approximately 8 to 12 total residential lots based on the layout and SFR zoning, subject to review and approvals. The seller reports that lands bordering the property to the east and west are protected as forever-wild land, limiting development and helping preserve long-term privacy. An opportunity for an owner-occupant, investor, builder, or developer seeking acreage and convenient access to schools, recreation, shopping, and major transportation routes. Buyer to independently verify subdivision potential, protected-land status, utilities, and all proposed uses.
19 facts pulled straight from the MLS listing.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Colonie is in Albany County, NY. There are currently 107 active listings here, ranging from $45,000 to $5,200,000. Listings in this address fall under the North Colonie school district. Priced 106% above the Colonie median of $485,000.
See Sharon's Colonie community guideSharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
KW Platform · Listed by Scott P Varley (3552)
Contact: 518-281-6808
MLS #202622431 · Source: Global MLS, Inc.
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Every change captured by Global MLS since this listing went live.
Public assessment record for the Colonie roll · North Colonie school district · One Family Year-Round Residence
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $153,900 | $352,200 | +9.8% |
| 2024 | $153,900 | $320,625 | +6.2% |
| 2023 | $153,900 | $301,800 | +9.3% |
| 2022 | $153,900 | $276,054 | +5.8% |
| 2021 | $153,900 | $260,847 |
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.
Real numbers from current MLS data. Not a third-party estimate.





Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-06. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.