Saratoga County Horse Farm Fetches $3.5M in Major Real Estate Deal

Written by AI under direction and editing from Saratoga Report Publisher Dan De Federicis

MOREAU — A significant piece of Saratoga County’s equestrian landscape has changed hands. Mountain View Farm, a sprawling estate located at 148–172 Gansevoort Road, has been sold for $3.5 million, marking a notable transaction for the town of Moreau.

The property, which has long been a fixture in the local agricultural community, is currently operating as a New York stallion operation. Known for its rolling pastures and specialized facilities, the farm’s sale highlights the continued demand for premium horse racing and breeding infrastructure in the region surrounding Saratoga Springs.

A Landmark Property

The estate features a primary residence of approximately 2,316 square feet, boasting four bedrooms and up to three bathrooms. However, the true value of the 148-172 Gansevoort Road address lies in its expansive acreage and professional-grade equestrian amenities.

Property records indicate a steady rise in the site’s valuation over recent years. A portion of the property previously sold in May 2021 for $1.6 million, suggesting that recent improvements and the robust market for stallion operations have more than doubled its market worth in under five years.

The Future of Mountain View

While the identity of the buyer has not been publicly detailed in initial reports, the transition comes at a time when Saratoga County’s “Horse Country” is seeing renewed investment. The farm is expected to continue its legacy as a cornerstone of the state’s breeding industry.

Local residents and industry insiders view the $3.5 million price tag as a testament to the enduring prestige of Saratoga-area farmland. As the New York racing circuit continues to thrive, facilities like Mountain View Farm remain vital to the lifecycle of the sport.

 

This Story was first reported by the Albany Business Review.  The Business Review articles are protected by a paywall but they often offer reduced-rate introductory pricing for a short-term subscription.