For over a century, The Ship Lantern Inn has been one of the Hudson Valley’s most recognizable fine-dining destinations, offering a rare opportunity to acquire an iconic property with an extraordinary history. Situated on approximately 8.6 acres across two tax parcels along highly traveled Route 9W, the offering includes the established restaurant property, extensive parking, five residential homes, and six income-producing rentals. The restaurant features multiple distinctive dining spaces, a substantial commercial kitchen, outdoor entertaining areas, and established vegetable and herb gardens that complement the region’s celebrated farm-to-table culture. Municipal water, natural gas, prominent visibility and approximately 19,000 vehicles passing daily provide valuable infrastructure and exposure for continued hospitality use or future redevelopment. Conveniently located approximately 15 minutes from Metro-North service in both Beacon and Poughkeepsie, the property is positioned within a growing Hudson Valley destination market surrounded by wineries, orchards, historic attractions and acclaimed hospitality experiences. Offered at $3,475,000, this is a once-in-a-generation opportunity to continue the legacy of a Hudson Valley institution or thoughtfully create its next chapter. SEE BROCHURE FOR MORE INFORMATION.
Currently designated for agricultural apartments, this expansive and unconventional property presents an exciting opportunity for a buyer with imagination. The structure features multiple kitchens, bathrooms, and a substantial number of additional rooms, offering remarkable flexibility. Located on a large parcel with mountain views and amble parking. Possible uses may be short term rental/Airbnb, wellness or artist retreat, corporate space, extended-family compound, live/work property, employee or farm-worker housing, bed-and-breakfast/inn concept, or conversion/reconfiguration for other residential uses with appropriate permits and approvals. Buyers are encouraged to perform their own due diligence regarding their intended use. Ideal for those seeking space, character, and the freedom to create something unique.

Milton is located in New York. Milton, New York has a population of 18,856. Milton is less family-centric than the surrounding county with 29.34% of the households containing married families with children. The county average for households married with children is 31.73%.
The median household income in Milton, New York is $91,802. The median household income for the surrounding county is $90,800 compared to the national median of $69,021. The median age of people living in Milton is 43.4 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 11.7 degrees. The average rainfall is approximately 42.8 inches per year, with 60.8 inches of snow per year.