PRIVATE MULTI-HOME COMPOUND ON 58 ACRES WITH POND. Introducing a rare opportunity to own an expansive 58-acre estate, available for the first time in 35 years. This remarkable multi-home property offers the perfect balance of privacy and togetherness, nestled on picturesque country land with sunlit clearings enveloped by lush, serene woodlands all within the heart of the magnificent Hudson Valley. These four all-season homes are spacious, inviting, and ready for you to enjoy! Ranging from 2, 000 to 4, 400 square feet, they offer ample room for everyone to relax and make the most of every season. Upon entering through the gated entry and meandering down the paved driveway, you will be welcomed by the main house, which offers approximately 4, 400 square feet of living space across three floors. The first floor boasts an open floor plan with a primary bedroom and bath. Upstairs, you will find three generously sized bedrooms, each with a private bath, and an open loft space on the third floor. The additional three houses range from 2, 000 to 2, 500 square feet, each featuring 3-4 bedrooms and 2-4 baths. Some boast soaring ceilings and an overlooking loft. Each home offers unique features, such as wood floors, fireplaces, and summer kitchens. Every one of these homes exudes charm and allure. Ancillary structures for possible future enhancement create additional possibilities and include a 512 square foot guest cottage in need of renovation; platform for additional two-story unit; and 1000 square foot structure perfect for storage, hobbyist or artist studio. For the recreation enthusiasts, there is a stocked pond, above ground pool with deck and trails for hiking and hunting. Embrace the potential to create your own private retreat where you can create lasting memories while enjoying privacy without seclusion. This family compound has been cherished and enjoyed, but over time, it has begun to show its age and is now ready for its next owners. Don't miss this chance to acquire a truly exceptional property with endless possibilities. This idyllic Hudson Valley property is conveniently located near the village of Ellenville, offers easy access to Sullivan County and is less than 90 minutes from the GWB. It's a setting that truly won't disappoint. Additional Information: ParkingFeatures: 2 Car Detached, Appliances: Electric Water Heater
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,136 | $1,136 | $1,136 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,542 | $4,991 | $6,697 |
Total Monthly Payment | $5,770 | $6,219 | $7,925 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.