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$399,000
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Property Description
Investor Opportunity Just A Short Drive from the Village of New Paltz! Tucked away on a quiet dead-end road with beautiful scenic views, this unique property presents an excellent opportunity for investors or buyers seeking a home with built-in income potential. The property is currently configured with two separate living areas, both presently rented, offering immediate income from day one. The main level features a spacious two-bedroom layout with additional bonus room, hardwood floors, generous living space, and access to a large deck overlooking the peaceful natural setting. The upper level offers an additional one-bedroom living area, providing further rental income or flexibility for extended family or guests. The lower level offers additional finished space with its own private entrance, ideal for a studio, recreation area, home office, or guest space. Ready for its next chapter, this home offers the perfect canvas for updates and personal touches while maintaining strong versatility for a variety of living or investment strategies. Additional features include a detached two-car garage, ample outdoor space, and a serene setting surrounded by nature. Conveniently located just outside the Village of New Paltz and close to restaurants, hiking trails, and major commuter routes, this property offers the perfect blend of privacy, convenience, and income potential. A rare opportunity to own a flexible property in one of the Hudson Valley's most desirable locations!
Full Property Details
Full Property Details for 1 Faro Ln
General
- Price: $399,000
- Taxes: $8,827
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 968912
- Updated: 3/23/2026
- Added to Site: 37 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Kitchen, Pantry, Storage, Washer/Dryer Hookup
- Laundry Facilities: Yes
- Flooring: Carpet, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement
Exterior
- Exterior Features: Fire Pit, Mailbox
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Driveway, Garage
Location
- County: Ulster County
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Hot Water, Oil
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Cape Cod
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Bilco Door(s), Finished, Storage Space, Walk-Out Access
- Windows: Oversized Windows
- Building Size: 1974
- Square Feet: 1,974
- Year Built: 1960
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 33,106
- Lot Features: Front Yard, Private, Views
Financial Considerations
- Tax Amount: $8,827.73
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 4200-095.003-0001-025.000-0000
Listed by Century 21 Alliance Rlty Group
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Schools
Schools serving 1 Faro Ln
School District:Highland Central School District
| Name | Grades | Distance |
|---|---|---|
Highland Elementary School, Highland, NY 16 Lockhart Lane, Highland, NY 12528 | K-5 | 4.8 mi |
Highland Middle School 71 Main Street, Highland, NY 12528 | 6-8 | 4.7 mi |
Highland High School 320 Pancake Hollow Road, Highland, NY 12528 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Faro Ln
Date
Details
Price
Change
Source
3/23/2026
Price Reduced
$399,000
-6.99%
MLS
3/09/2026
Listed
$429,000
68.24%
MLS
1/24/2020
Sold
$255,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Faro Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,804
100%
$215,000
—
2021
-100%
$215,000
—
2016
$7,127
-9%
$215,000
—
2020
$7,835
1492%
$215,000
—
2018
$492
73%
$215,000
—
2017
$285
-96%
$215,000
—
2016
$7,122
—
$215,000
—
2015
$7,105
2%
$215,000
—
2015
$6,977
-7%
$215,000
-10%
2013
$7,497
—
$240,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Faro Ln
1 Faro Lane, Clintondale, NY 12515 (MLS# 968912) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 1 Faro Lane is currently listed for $399,000 and was received on March 09, 2026. Want to learn more about 1 Faro Lane? Do you have questions about finding other Multi-Family real estate for sale in Clintondale? You can browse all Clintondale real estate or contact a Coldwell Banker agent to request more information.
