Coldwell Banker - Katonah - Bedford
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Rare opportunity to acquire a four-parcel assemblage consisting of an existing residence and three additional separately deeded tax lots in a proven Valhalla location with strong new construction demand and established residential infrastructure, with a conceptual 4-lot single-family site plan based on the existing parcel configuration.
Property Highlights:
Four legally recognized lots (separate tax IDs)
Dual frontage on Columbus Avenue and Arden Lane
Public sewer and utilities available
Zoned R10 (10,000 SF minimum lot size), allowing potential single-family subdivision under current zoning, subject to approvals.
Conceptual 4-lot single-family plan available based on parcel configuration (see offering materials).
Recent nearby development activity supports strong resale values, with new construction homes in the area trading from the high $700Ks to over $1.1M.
Builders and investors have flexibility to develop all four homes or phase construction while utilizing the existing residence for rental income or future redevelopment.
The property’s topography is well-suited for modern builds, including walk-out basements and tiered designs consistent with surrounding new construction.
Location highlights:
• Top-rated schools
•Less than 1 hour to NYC
• Close to major highways + Metro-North
• Near Kensico Dam Plaza, parks, and local community amenities
Conceptual plans and supporting materials available upon request.