Developer Investment Opportunity

Overview:

A sign reading 'Buttonwood' on a wooden stand in a wooded area with snow on the ground.

Buttonwood Estates is a strategic residential land investment opportunity located in the Town of Peru, Clinton County, New York—a highly accessible market with strong regional growth dynamics. The property offers 292 total acres, of which 55 acres are already developed as 40 single-family homes on 1+ acre lots. The remaining 237 undeveloped acres present a rare opportunity for phased residential expansion, parcel sale, or single-master development. The property is offered for sale by owner, either in whole or as larger development parcels (minimum 20 acres), enabling flexible investment approaches.

❋ Strategic Location

  • ~5 miles to Plattsburgh commercial & employment center

  • ~4 miles to Lake Champlain public beaches

  • ~65 miles to Montreal, Quebec

❋ Regional Growth

  • Plattsburgh supports an expanding workforce: transportation, manufacturing, healthcare, education, and logistics employment.

  • $10mm New York State Downtown Revitalization Initiative (DRI) in Plattsburgh

Site Advantages

 

Excellent Access:

  • Interstate 87 (Exit 36) only 1.5 miles from site

  • Direct frontage on NY Route 22

  • Close to Plattsburgh International Airport

Education & Community: The property abuts the Peru Central School Campus and recreation fields, adding appeal to family-oriented development.

Infrastructure & Utilities:

  • Town water and sewer service extend across all existing lots, with the undeveloped 195.10-acre parcel fully within the existing sewer district.

  • A new pump station is under construction, and additional sewer capacity for 19 new lots has been negotiated.

  • Electric and natural gas service by NYSEG can be extended to future phases.

Land Development Potential:

  • Zoning: Residential with minimum lot sizes of ¼ acre where utilities are available.

  • Topography: Predominantly gentle slopes (≈5% or less), supporting efficient land division and development planning.

  • Flexible Acquisition Structure: Investors may acquire the property in its entirety or obtain larger parcels for phased residential development, community-scale housing, or conservation-led design. There is a 20-acre minimum parcel size.

Investment Highlights:

  • Established residential base, reducing risk and signaling market viability.

  • Proximity to expanding employment, transportation, and regional revitalization efforts.

  • Infrastructure in place with capacity expansions underway.

  • Parcels sized to accommodate large-scale single-family, planned residential communities, or mixed-age housing development.

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