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    296 County 537 Road

    Colts Neck, NJ 07722
    • $3,799,900
    • STATUS: Active
    • ON SITE: 484 days
    • MLS #: 21932251
    UPDATED: 48 min ago
    $3,799,900
    • 4
      BEDS
    • 96.37
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 4,000
      SQFT
    • $950
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    ''Colonial Farms'' is an established Thoroughbred Breeding and Boarding Horse Farm that has greatly contributed to the NJ racing industry. The property is a turnkey operation as a horse farm, or gentleman's estate. It is centrally located in Prestigious Colts Neck Township. The property boasts a main residence with 4 bedrooms with 3.5 baths, two 4 bedroom private homes, office, barns, paddocks, and storage buildings. The farm is comprised of the following: 96 +/- Acres, 75 Acres of Fenced Paddocks comprising a total of 15 paddocks, 87 stalls, 3 large barns, Office, Breeding Barn/Shed, Hay Barn, 5 wooded acres. The farm can easily accommodate a change in use from Horse Breeding to Agricultural use. Please note, the farm is the remainder of the development known as ''Rancho Polo''Please note** Two other adjacent farms have recently sold last year that are not in the MLS. (#1) 45.5 acres +/- Auctioned for $2,750,000 at $61,000 per acre./ (#2) 50 +/- Acre Farm sold for $5,000,000 at $100,000 per acre. Subject property is priced at $50,000 per Acre. This is the largest parcel in Colts Neck currently for sale at a fair market price! "Rancho Polo" is a community of 21 Individual Custom Built Homes ranging from $2,000,000 to $4,000,000! The property can easily accommodate the construction of a new main residence by tearing down the original residence on the property, allowing for the creation of an estate or family compound. Colonial Farms is Located the following Distance from the following Tracks: 10 Miles From Monmouth Park 15 Miles From The Meadowlands 25 Miles From Parx - (Philadelphia Track) 45 - 55 Miles From Aqueduct/Belmont 45-50 Miles From NYC 15 Miles to Jersey Shore 20 Miles from Princeton University 2 Miles from Monmouth University 10 Miles from Rutgers University

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    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Premier Group NJ at RE/MAX Central. Data last updated 2020-12-03T20:21:13.25.
    www.premiergroupnj.com/homes/97621569
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    296 County 537 Road Colts Neck, NJ 07722

    • Price: $3,799,900
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 21932251
    4
    Beds
    3
    Baths
    1
    ½ Baths
    96.37
    Acres
    4,000
    SQFT
    $950
    $/SQFT
    Neighborhood:
    Rancho Polo
    County:
    Monmouth
    Area:
    Colts Neck (COL)
    Elementary School:
    Conover Road
    Middle School:
    Cedar Drive
    High School:
    Colts Neck
    Property Description
    ''Colonial Farms'' is an established Thoroughbred Breeding and Boarding Horse Farm that has greatly contributed to the NJ racing industry. The property is a turnkey operation as a horse farm, or gentleman's estate. It is centrally located in Prestigious Colts Neck Township. The property boasts a main residence with 4 bedrooms with 3.5 baths, two 4 bedroom private homes, office, barns, paddocks, and storage buildings. The farm is comprised of the following: 96 +/- Acres, 75 Acres of Fenced Paddocks comprising a total of 15 paddocks, 87 stalls, 3 large barns, Office, Breeding Barn/Shed, Hay Barn, 5 wooded acres. The farm can easily accommodate a change in use from Horse Breeding to Agricultural use. Please note, the farm is the remainder of the development known as ''Rancho Polo''Please note** Two other adjacent farms have recently sold last year that are not in the MLS. (#1) 45.5 acres +/- Auctioned for $2,750,000 at $61,000 per acre./ (#2) 50 +/- Acre Farm sold for $5,000,000 at $100,000 per acre. Subject property is priced at $50,000 per Acre. This is the largest parcel in Colts Neck currently for sale at a fair market price! "Rancho Polo" is a community of 21 Individual Custom Built Homes ranging from $2,000,000 to $4,000,000! The property can easily accommodate the construction of a new main residence by tearing down the original residence on the property, allowing for the creation of an estate or family compound. Colonial Farms is Located the following Distance from the following Tracks: 10 Miles From Monmouth Park 15 Miles From The Meadowlands 25 Miles From Parx - (Philadelphia Track) 45 - 55 Miles From Aqueduct/Belmont 45-50 Miles From NYC 15 Miles to Jersey Shore 20 Miles from Princeton University 2 Miles from Monmouth University 10 Miles from Rutgers University
    Exterior Features

    Exterior FenceFence - ElectricOutdoor LightingPorch - Enclosed Garage Yes Garage Type AttachedDirect Entry Lot Description Fenced AreaLevelTreed LotsWooded Lot Dimensions 1047X3750 Outbuildings BarnHorse BarnMisc BuildingPaddocksRun-In ShedStorage Shed Parking Driveway DrivewayOversized DriveStone/Gravel Pool YN No Roof Shingled Siding AluminumBrickVinyl Style 2 StoryCapeColonialFarm HouseMother/Daughter Water View No Waterfront No

    Interior Features

    Basement FullUnfinished Basement Baths 0.00 Basement YN Yes Dining Room Dec MoldingFloor - Wood Fireplace Yes Fireplaces 1.00 Floors CeramicLinoleum/VinylWood Foyer Closet(S)Floor - Wood Great Or Family Room Fireplace - WoodburningFloor - Wood Heat AC Ac UnitsCentral AirHwbb Heat Fuel Natural Gas Interior AtticCeilings - 9Ft+ 1st FlrCenter HallDec Molding Kitchen Eat-InFloor - Linoleum/VinylFloor - Wood Level1 Baths 2.00 Level2 Baths 2.00 Level3 Baths 0.00 Living Room Fireplace - WoodburningFloor - Wood Master Bath Ceramic TileFloor - CeramicTub Master Bed Level First Master Bedroom Floor - Wood Room Number 9 Rooms BedroomDining RoomFamily RoomFoyerKitchenLiving RoomMaster Bedroom Water Heater Natural GasOil

    Property Features

    Assessment Total 1352900.00 Deed Restrictions No Excluded Personal Property Farm Yes Farm Assessed Yes Handicap Access No Hoa YN No Included Ac UnitsBlinds/ShadesDishwasherGarage Door OpenerGas CookingOutdoor LightingRefrigeratorStoveTimer ThermostatWater Softener Minimum Age 0 New Construction No Other Elementary Conover Road Primary Other High Ranney School Ownership Type Fee Simple Property Type Single Family Subtype Detached Tax Year 2019 Taxes 23131.00 Water Sewer SepticWell Zoning AgriculturalResidentialSingle Family

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Claude Ranieri of American Realty Associates.


    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Premier Group NJ at RE/MAX Central. Data last updated 2020-12-03T20:21:13.25.
     
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