377-379 Middle Grove Road Rd @ Route 29 - Specialty FOR SALE


Middle Grove, NY 12850
$1,225,000 USD
518-281-6808
377-379 Middle Grove Road Rd @ Route 29, Middle Grove, NY for Sale
$1,225,000 USD
Specialty - FOR SALE
1/6
null | Request Cap Rate

377-379 Middle Grove Road Rd @ Route 29
Middle Grove, NY 12850


OVERVIEW

A Rare Saratoga Compound -- Established Equestrian Facility + Log Home Retreat Opportunities like this simply do not come along often. Just minutes from downtown Saratoga Springs, this combined offering includes a successful 48-acre equestrian training & boarding facility (379 Middle Grove Rd) together w/ a charming 3 BR log home on a separate 2-acre deed (377 Middle Grove Rd), creating a complete live-work farmstead in one of the region's most desirable locations. The farm has operated successfully for over 35 years as a respected boarding and training facility. At its core is a 72'x180' indoor arena designed for year-round riding. The main barn features 18 stalls, a viewing room, & a tack room. The 2nd barn is a Morton steel barn that includes 20 additional stalls and a feed room, offering substantial capacity for boarding & training operations. A separate heated boarders' lounge w/ bathroom adds comfort for clients & staff. The property is fully equipped w/ large grass turnout paddocks, dry paddocks, a summer wash stall, an expansive outdoor arena, & a grass hunt course. The sandy soil provides excellent drainage and consistent footing across seasons. A new well installed in 2023 strengthens the farm's infrastructure. Positioned between 3 major roads, the acreage offers both privacy & accessibility, with long-term flexibility for continued equestrian use or future development potential. Overlooking the farm sits the peaceful 3 BR log home on its own 2-acre parcel. Cathedral ceilings & oversized windows fill the living space w/ natural light while framing sweeping farm views. 2 BR are located on the main level w/ a 3rd upstairs. Enjoy morning coffee on the deck while watching the horses, then walk directly to work at your own facility. Whether you're an equestrian professional ready to take over a thriving operation, an investor seeking scale & location, or a visionary looking to create a private estate compound, this property delivers rare scope & opportunity.

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$1,326 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

48.9 AC

LAND SF

2,130,084 SF

ZONING

mixed

APN/PARCEL ID

413400 163.-2-8.111

ASK ABOUT THIS PROPERTY

Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

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Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.