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For SaleOfficeMLS KEY1039176

20 Nazareth Way

Philipstown, NY · Putnam County
Listed by
North Country Sothebys Int Rlt
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
12,441 SF
Site
20.01 acres
Price / SF
$522
Year built
1883
Zoning
IC
Stories
4

The offering

Winter Hill, a flagship property in the Hudson Highlands, is a meeting of two amazing worlds. A marriage of stately 19th century craftsmanship and 21st century cutting edge construction techniques, these buildings offer tremendous opportunity for both investors and end-users. Set on twenty rolling acres of verdant, natural beauty, with stone walls, mature trees and well maintained plantings, the main house was built in 1883 for Rev. Walter Thompson. It has been restored and modernized for use as an office over the past decade by a team of skilled architects, designers and craftsmen. Off a quiet, country road and down a long, gently curving driveway, Winter Hill emerges in full view as you crest the ridge. The well lit, paved parking lot has space for forty cars, with additional parking elsewhere. The main original double door entrance, under a classic porte-cochere, has been enhanced with a keyless entrance security system. Inside, the large, grand lobby is centered around a huge wood-burning fireplace. Original details - pocket doors, gleaming hardwood floors and walls of multi-paned windows are accentuated by the contemporary glass chandelier. Beyond is a library, waiting room or potentially a private office, with a fireplace of its own. Next, is the massive conference room, with a projector and screen for presentations. Another fireplace, with amazing original woodworking surrounding it, is at the head of this room. Behind, there is a large, open office space with moveable dividers. Another private office and a copier room complete this area. Nearby, a full chef's kitchen, well suited for catered events, can be found. Also on this level are two half bathrooms and a separate, accessible entrance. There are open or wooded views from every room. The covered porch and slate patio is a perfect spot to host client events, or to simply relax between meetings. On the second level, arrived at via the convenient, full four-floor elevator, or gorgeous front staircase, there is additional abundant office space. At the top of the stairs, find a potential second lobby or open office space. Off of this, there are two large offices, one with a second, private office connected. All of these rooms are brilliantly lit with both natural light and an automatic, energy conscious lighting system. Two of the rooms have original fireplaces and views to the rolling grounds. Other original details, like wood floors and stained glass windows, are here as well. There is also a kitchenette, copier room and two more bathrooms. One floor up, find four more offices. As with the rest of the building, a fire suppression system keeps this level safe and nearly every room has its own heating zone. Let’s jump in the elevator and jet down to the lowest level, to find two more large offices, one with it's own separate entrance. There are also huge storage rooms, access to the new utility systems, including state of the art electrical and a/v rooms, a kitchenette, janitor's room and a bathroom. Leaving the basement through the walkout, we climb up to the second building, a garage/ with residential unit above. This space has views of its own, a kitchen and full bathroom. Nearby, the 22,000 gallon water tower ensures never running out of fresh water. Let’s not forget the storage shed with a backup generator next to it. From here, we can see the property at a different angle. The building's cedar shingle siding and roof, with stately brick chimneys rises before us. To our right, protected land, to our left the park-like fields and rolling hills stretching out to the tree line, almost as far as you can see. All of this, just minutes to the train and the heart of Cold Spring. The entire Hudson Valley opens before us, with NYC one hour south and Albany less than two hours north. Don't miss this opportunity.

Building & site

Interest conveyedFee simple
Gross building area12,441 SF
Building typeOffice
Property typeOffice
Year built1883
Stories4
Land area20.01 acres
Land area, SF871,636 SF
WaterWell
SewerSeptic Tank
HeatBaseboard, Forced Air, Propane
Tax parcel37268960.-1-78.1
Clear height10 ft
Drive-in / grade-level doors1
Usable area11,160 SF
Number of buildings2
Parking spaces50
Electric utilityCentral Hudson
Distance to train1.7 mi

Zoning & permitted uses

District
IC

Permitted uses are governed by the Philipstown zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Location, access & trade area

Trade area
Measure
Philipstown
Putnam County
Population
9,879
98,107
Population density
191 / sq mi
426 / sq mi
Households
3,865
35,545
Median household income
$140,557
$126,257
Mean travel time to work
40 min
39 min
Median home value
$615,000
$471,300
Median gross rent
$1,930
$1,775
Unemployment (May 2026)
3.3%
Not stated
School districts
Beacon, Carmel, Garrison, Haldane, Highland Falls, Lakeland, Putnam Valley, Wappingers
ZIP codes
10516, 10524, 10567, 10579, 12508, 12524, 12533

Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.

Taxes & assessment

2025 taxes$43,281
Assessed value$993,700
Land assessment$295,500
Full market value$2,943,424
Owner of record20 Nazareth Way LLC
School districtGarrison
Property class464 · Profssnl off
Floodplain
7% of the parcel lies within the mapped floodplain. Buildable area, insurance and any expansion should be checked against the current FEMA mapping before you rely on it.

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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