Large estates built for old Dutch families, early merchant princes, and Gilded Age industrialists line the Hudson Valley of upstate New York. This landmarked stone mansion from the early 20th century comes with many extravagant features. There are cedar shake shingles, a Doric columned porch, stained glass transom windows, custom-fired bricks and many fireplaces.

Perhaps the most striking feature is the interior woodwork: original coffered ceilings, quarter-sawn oak wainscoting and a grand staircase.

Given the low price, buyers can't expect perfection and the house is a bit of a fixer-upper, according to agent Ryan Degnan. The first floor is in good shape, he said, but the upper stories need restoration. Its location in troubled Newburgh is also a negative. But the city is making strides and is a candidate for a comeback, since it's just over an hour from New York City.

For further information: Trulia