296 County 537 Road, Colts Neck

$3,999,900

4 Beds
3.1 Baths
4,000 Sqft
96.37 Acres
3 Garages

''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

Essential Information
MLS® #21932251
Price$3,999,900
Bedrooms4
Bathrooms3.10
Full Baths3
Half Baths1
Square Footage4,000
Acres96.37
TypeSingle Family
Sub-TypeDetached
StatusActive
Style

2 Story, Cape, Colonial, Farm House, Mother/Daughter

Community Information
Address296 County 537 Road
AreaColts Neck
SubdivisionRancho Polo
CityColts Neck
CountyMonmouth
StateNJ
Zip Code07722
Amenities
# of Garages3
GaragesAttached, Direct Entry
Features

AC Units, Blinds/Shades, Dishwasher, Garage Door Opener, Gas Cooking, Outdoor Lighting, Refrigerator, Stove, Timer Thermostat, Water Softener

Parking

Driveway, Oversized Drive, Stone/Gravel

Interior
HeatingHWBB
CoolingAC Units, Central Air
FireplaceYes
# of Fireplaces1
# of Stories2
Interior Features

Attic, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding

Exterior
ExteriorAluminum, Brick, Vinyl
RoofShingled
Exterior Features

Fence, Outdoor Lighting, Porch - Enclosed, Fence - Electric

Lot Description

Fenced Area, Level, Treed Lots, Wooded

School Information
ElementaryConover Road
MiddleCedar Drive
HighColts Neck
Zoning

Agricultural, Residential, Single Family

Listing Details
AgentClaude Ranieri
OfficeAmerican Realty Associates
LISTING MAP

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and is updated as of August 24th, 2019 at 6:20pm EDT (date/time). 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.

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