$90 Million 2,1050 Acre Estate With Historic Mill in Ancramdale

A property of unusual scale, both geographically and historically. 281 County Route 3 in Ancramdale, known as Mill Farm, spans over 2,150 contiguous acres, combining a primary residence with multiple secondary homes, working land, and a network of internal infrastructure.

At the center is a 5,670-square-foot main house built in 1990 beside the historic stone dam-waterfall and millwork. With four bedrooms and four-and-a-half baths, the house is relatively restrained given the size of the property—functional, well-scaled, and positioned as an operational hub for the land.

The estate includes eight single-family homes in total, including renovated cottages, creating a distributed residential layout that can accommodate guests, staff, or extended family.

The land itself is organized and usable at a large scale. A three-mile internal gravel road system connects farm fields, forest, and water features across the property. One of the defining elements is the historic mill site on Punch Brook, where a waterfall and remnants of hydro infrastructure remain part of the landscape.

Historically, the property traces back to 18th and 19th century industrial use of the Punch Brook, when water-powered mills were a key part of the region’s economy. According to reporting from the The New Pine Plains Herald, the site once supported a cluster of mills and related buildings, forming a small industrial hub that evolved over time into farmland and, eventually, a large private estate. The current configuration reflects that layered history: agricultural land overlaid on former industrial ground, with surviving structures and waterways still shaping how the property functions today.

Additional structures expand the compound's usefulness further, including a mill house, a residence referred to as Crest Lane, and converted buildings, like the former mill keeper’s building adapted into a private theater.

281 County Route 3, Ancramdale is listed for $90,000,000 by Roland Augustine and Byron Anderson at Compass Greater NY.