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465 High Point Mountain Road, Olive (Shokan), NY, 12481 | $1,550,000
Available for the first time in 50-plus years, this iconic Hudson Valley home boasts extraordinary character and charm in the perfect setting -- a secluded 10-acre nook of ponds and woods just minutes from the Ashokan Reservoir. The house, a masterful blend of timeless farmhouse style, craftsmanship and luxury, is the polar opposite of cookie cutter, with classic window awnings, cedar shakes and locally quarried bluestone steps setting the gracious tone from the moment you pull up a long driveway and arrive at the wrap-around front porch. Inside, a cozy paneled keeping room with a pegged beam ceiling opens to a large and sunny living room and gourmet kitchen, bracketed on one side by an authentic working Rumford fireplace, and on the other by a dining room with a double-height wall of French doors and windows leading to a terraced bluestone patio and pool. Visually, the space opens up, from cozy to dramatic, in thoughtfully calibrated stages that call to mind a distinguished farm house being expanded and improved over many charmed decades of life. The ground floor also includes another beamed den with a double-height ceiling and woodstove, plus a full bathroom and laundry. A stunning open staircase, with a beautiful cherrywood banister milled on site, rises 3 stories to the 4 bedrooms and 2 more full bathrooms upstairs, including a massive primary suite with an oversized bathroom with soaking tub. The other bedrooms, featuring pegged beam framing and dormer windows, are particularly charming. For overflow guests, there's also a separate 2-level guest house with bathroom, overlooking a spring-fed pond, with another larger pond sited just across the winding driveway. Located on one of the quietest and most sought-after roads in the Hudson Valley, the property feels wonderfully secluded, despite being minutes by bicycle from the reservoir and its popular hiking trails, 15 minutes by car from Woodstock and 2 hours from NYC. Additional Information: Amenities: Guest Quarters, ParkingFeatures: 2 Car Detached,
Features
- Town: Olive
- Rooms: 9
- Bedrooms: 5
- Baths: 4 full
- Style: Estate
- Year Built: 1970
- Heating: Propane, Baseboard
- Cooling: Central Air
- Basement: Finished, Full, Walk-Out Access
- Approx Sq. Feet: 3,941
- Acreage: 9.99
- Est. Taxes: $10,681
- Lot Desc: Level, Sloped, Wooded
- Elem. School: Contact Agent
- Middle School: Onteora Middle School
- High School: Onteora High School
- School District: Onteora
- Appliances: Gas Water Heater, Dishwasher, Dryer, Washer, Water Conditioner Owned
- MLS#: H6325032
- Days on Market: 89 days
- Website: https://www.raveis.com
/eprop/H6325032/465highpointmountainroad_olive_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
465 High Point Mountain Road, Olive (Shokan), NY, 12481
$1,550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $890 | $890 | $890 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,236 | $7,838 | $10,464 |
| Total Monthly Payment | $8,251 | $8,853 | $11,479 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535