Pine Plains real estate sales marching on at a steady rate

Pine Plains real estate sales marching on at a steady rate

Located on the corner of South Main Street and Myrtle Avenue this house built in 1860 was sold for $537,500 — the highest priced single family residence recorded in Pine Plains in September.

Photo by Christine Bates

PINE PLAINS — September saw another five real estate sales in the Town of Pine Plains, including the $1.2 million sale of a 90 acre horse facility on Johnny Cake Hollow Road.

Median prices for single family homes have remained over $500,000 since July’s median jumped to $555,000, representing a sharp change in a market where prices have come in below $400,000 for the last four years.

Active listings reflect this upward trend in prices with seven single family homes listed for sale for over $1 million, four over $500,000 and five under $500,000.

And there are three parcels of vacant land available for over a million dollars with the 1,946 acres on Woodward Hill still priced at $36 million.

189 Johnny Cake Hollow Road — 89.61 horse facility with a 2 bedroom/1.5 bath house and barns was sold to 189 Johnny Cake LLC for $1,200,000. Note that this price is incorrectly reported as $3,420,000 in multiple online sources.

38 Briarcliff Lane — 3/1.5 home on .54 acres sold to EM Building LLC for $209,000.

5-7 Myrtle Ave. — 4 bedroom/2 bath home sold for $537,500 to James Scheele.

7841 Route 82 — 3 bedroom/3 bath ranch on 4 acres sold for $515,000 to Marquis VanDewater.

518 Lake Road — 2 bedroom/1 bath lakeside cottage on .83 acres sold to Daisy Sindelar Trustee for $239,000.

*Town of Pine Plains property transfers in September are sourced from Dutchess County Real Property Office monthly reports. Details on each property from Dutchess Parcel Access. Market data from One Key MLS and Infosparks. Compiled by Christine Bates, Real Estate Advisor with William Pitt Sotheby’s International Realty, Licensed in Connecticut and New York.

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