by RH Advisors

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Putnam 10516
50 Mill Road
$925,000
● House - For Sale

50 Mill Road

Philipstown, NY 10516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,932 Ft²
$5,939
Est. Monthly

About This Property

Where History Meets the Sound of a Waterfall.
Step into a landscape that feels lifted from another century. Nestled along the banks of Clove Creek, this remarkable property invites you to own a piece of local history and imagine the stories that have unfolded here for generations.
At its heart stands a historic 1700s farmhouse, a timeless 3-bedroom residence set on 7.94 scenic acres along a quiet country road. Beyond the home, the land reveals its most captivating treasures: dramatic creek frontage, a picturesque gorge, cascading waterfalls, and the enduring stone remnants of an 18th-century grist mill that once harnessed the power of the rushing waters.
Offered as a collective sale totaling nearly 14 acres, the property includes three separate parcels, each with frontage on Clove Creek. In addition to the farmhouse parcel, included are a 3.05-acre parcel on Horton Road and a 2.91-acre parcel located at Mill and Horton Roads. Together, these parcels create a rare opportunity to preserve, enjoy, and explore an extraordinary natural and historic setting.
Whether you envision a country retreat, an artist's sanctuary, a place to reconnect with nature, or simply a chance to become the steward of a truly unique piece of history, this property offers endless inspiration. Wander beside the waterfalls, listen to the creek as it winds through the gorge, and discover the traces of a bygone era hidden among the stone mill ruins.
Included in the sale are Tax Parcel #17.1-69 and Tax Parcel #17.1-62. Offered together, these three parcels provide an exceptional combination of history, natural beauty, and potential on nearly 14 acres along one of the area's most enchanting waterways.  Clove Creek is a watershed district. A rare opportunity to own not just a home, but a chapter of history.
Unit Size
1,932 Ft²
Days on Market
105 days
Land Size
13.90 acres
Price per sqft
$479
Property Type
House
Property Taxes
$1,397
HOA Dues
-
Year Built
1794

Listed By

Abbie Carey
Houlihan Lawrence Inc.
Sylvia Wallin
Houlihan Lawrence Inc.

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Last updated: 3 months ago (OneKey MLS #KEY1009674)

Price History

Date / Event Date Event Price
Jun 4, 2026 Listed by Houlihan Lawrence Inc. $925,000
Listed by Houlihan Lawrence Inc.
Oct 21, 2015 Sold
Sold

Property Highlights

Garage
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer
Appliances: Dishwasher, Electric Range
Flooring Type: Hardwood
Rooms: 8
Has Fireplace
Fireplaces: 2
Basement: Unfinished
Exterior Details
Square Footage: 1932
Square Footage Source: $0
Architectural Style: Farmhouse
Year Built: 1794
Waterfront Features: Creek
Levels: Two
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 345866
Lot Size Units: Square Feet
Lot Size Acres: 13.9
Lot Size Square Feet: 345866
Water Source: Well
Financial Details
Tax Assessed Value: $281,900
Tax Annual Amount: $16,762
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1794
  • Effective Year Built: 1794
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 345,866
  • Lot Size Frontage Feet: 5,300
  • Total Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007940
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Haldane Central School District
  • School Tax School District: HALDANE
  • Census Tract: 010600

Zoning

  • Zoning: R40

Geography

  • Account Number: 054500
  • District: 372689
  • Section: 17.00
  • Parcel: 372689 17.-1-55.1
  • Block: 1
  • Lot: 55.001
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.4793
  • Longitude: -73.9078

    Address

  • Full Address: 50 Mill Rd
  • Address - House Number: 50
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Cold Spring
  • Carrier Code: R085
  • 4-Digit Zip Code: 3809
  • Zip Code: 10516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,766,769
  • Tax Rate Code Area: 372601

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 810,141
  • High Value: 929,100
  • Low Value: 691,182

    Market Valuation

  • Market Total Value: $687,110
  • Market Land Value: $229,415
  • Market Improvement Value: $457,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,000
  • Assessed Land Value: $80,800
  • Assessed Improvements Value: $161,200

    Sales

  • Current Sale Contract Date: Oct 21, 2015
  • Current Sale Recording Date: Oct 21, 2015
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1502434
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam


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Nearby Rentals

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$4,995 /mo

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Frequently Asked Questions

When was property at 50 Mill Road built and last sold?
The property at 50 Mill Road was built in 1794 and last sold on Oct 21, 2015 for $200.
How much is this home worth?
The estimated value of the home located at 50 Mill Road is $917,872.
What are some comparable homes to 50 Mill Road?
There are currently no comparable homes to 50 Mill Road.