$1,950,000

A rare opportunity to snap up one of the Hudson Valley's most unique waterfront offerings and restore it back to it's former glory-The Wedding Present Farm. Perched above the Hudson River, this extraordinary 73 acre estate includes a historic mansion, three additional residential structures, a barn, garage, pool, private pond, and yes- your very own 42 acres on Shad Island, between Baker Creek and the Hudson River..With sweeping river views, lush native landscaping, and storybook surroundings, the possibilities here are endless: a dreamy personal compound, a one-of-a-kind hospitality venture, or a legacy property ready to be reimagined (always check with town on your specific uses.) Anchoring the estate is the original mansion, full of historic charm and presence, and positioned to take full advantage of panoramic water views. Across the property, you'll find four separate housing structures offering flexible space for guests, rental income, or creative repurposing. The barn adds rustic charm and utility, while the garage adjacent to the pool begs to be transformed into a pool house or summer studio. A meandering pond, native trees, and flowering plants lend a wild, romantic feel-like nature is part of the design. This is not just land-it's a legacy. Once gifted as a wedding present from the original owner - Edward Townsend Reed - who gifted the land as a summer home to his friends Edward and Martha Van Antwerp Easton in 1907 (hence the name). Now, it's ready for a bold new chapter. This is an incredible opportunity to reinvigorate the property and renovate it to suit whatever use best serves your vision-whether personal or business. The bones are there, the details are gorgeous, and there's so much potential calling. Whether you're envisioning a family compound, boutique hotel or wedding venue, an artist's enclave, or the most magical family estate imaginable, this property offers scale, views, and a level of character that's hard to replicate. All of this just 20 minutes from downtown Albany, with easy access to the Amtrak station, the Taconic, and the NYS Thruway. Properties like this don't come around often-especially with waterfront, a private island, and development potential. A rare opportunity to build something truly special on the Hudson.