262 - 270 Patterson Lane, City Not Found (Saugerties), CT, 12477 | $1,197,000

Drive down a long, long, charming country lane (that you own and the town plows!) to almost 6 bucolic acres of farmland with a big red barn and room for 1-8 horses, a separate cottage, and a dappled view of the Hudson River. This unique farmhouse style home was re-imagined from it's original 1948 build with an added 1, 500 sq. ft contemporary central Living / Dining Room (c. 2000). This massive room has a cathedral ceiling and provides room to entertain dozens of friends and family while gazing out a wall of windows that frame the river and the beauty of nature in every season a view that becomes a constant element of your daily lifestyle. Alongside this large open space sits a cozy library/den anchored by a hand-built river stone fireplace, flecked with crystals, providing a place to relax after horseback riding, boating, skiing, or just as a quiet reading room. The country kitchen is just off this meditative space and boasts connectivity to a back patio for BBQing and to the dining room through an over-the-sink breakfast bar pass-through, making entertaining easy and fun. Just off the kitchen is a full bath and stairs up to a vaulted main bedroom suite where a vaulted private feel abounds. There's a first floor guest bedroom off the den, or drift up the grand front staircase in the living room to 2 more large light filled bedrooms. Yes, this 4 bedroom home is fanciful and creative. . . but that's not all. There's a 1 bedroom cottage (650 sq. ft) next door to use as a rental, a home for extended family, or as a romanic guest cottage. This property has been in the family for decades and is awaiting your personal touches. The current owners had horses in the past and the 3 story barn (2, 500 sq. ft. ) is a testament to slower, calmer times. Additionally, there is the potential to subdivide a 2 acre parcel off this lot (with town approval) or to use these fields for a paddock or as a gentle-person's farm. The road dead-ends just beyond this property and makes for a quiet landing while being close to everything Saugerties and the Catskills has to offer. Just 3 miles to Horse Shows In the Sun (HITS) and Malden's public boat launch, and minutes to Saugerties & Catskill villages, while only 2 hours from NYC. Enjoy skiing at Hunter or Windham, antiquing in Hudson, or dining at some of the great restaurants in both Rhinebeck and Saugerties and other quaint surrounding towns. Make sure you take a walk around this tranquil property a pleasure to see and show.

Features

  • Town: City Not Found
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 1 full
  • Style: Farmhouse
  • Year Built: 1948
  • Heating: Oil, Baseboard
  • Cooling: Ductless
  • Basement: Partial
  • Approx Sq. Feet: 2,854
  • Acreage: 5.7
  • Est. Taxes: $18,629
  • Middle School: Saugerties Junior High School
  • High School: Saugerties Senior High School
  • School District: Saugerties
  • MLS#: H6328371
  • Days on Market: 45 days
  • Website: https://www.raveis.com
    /prop/H6328371/262270pattersonlane_citynotfound_ct?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of BHHS Hudson Valley Properties   Phone: 845-679-0006

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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262 - 270 Patterson Lane, City Not Found (Saugerties), CT, 12477

$1,197,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $957,600 $957,600 $957,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,552 $1,552 $1,552
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,512 $6,053 $8,081
Total Monthly Payment $7,189 $7,730 $9,758

* 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.