Welcome to The Magnolia, a breathtaking, light-filled retreat set on 2. 5 acres of mountainside, blending modern design with the serenity of nature. Just two hours from New York City and minutes from the vibrant towns of Saugerties, Woodstock, Hunter Mountain, and Kingston, this spacious home is perfectly situated to enjoy all the Hudson Valley and Catskills have to offer. With a proven track record as a successful Airbnb, The Magnolia also presents an excellent investment opportunity. The bright, airy interior features a large living room with treetop views, a cozy lounge area, and an updated kitchen complete with modern appliances, stone countertops, and an expansive islandideal for preparing meals and hosting gatherings. The adjoining dining area, flooded with natural light, creates a perfect setting for entertaining. Upstairs, four well-appointed bedrooms offer comfort and privacy for family and guests. The primary suite includes an ensuite bathroom and two spacious closets, while the additional three bedrooms share a full hall bathroom. A conveniently located laundry room on this level as well. Step outside to enjoy the private backyard, where a spacious deck offers the perfect spot for outdoor dining and overlooks the hot tub and the above-ground pool and deck, ideal for summer relaxation. Evenings are best spent around the Bluestone fire pit, gazing at the starry night skies while indulging in s'mores. The lower level of the home is an entertainer's dream, featuring a chic wet bar and an additional lounge area perfect for hosting guests or enjoying a quiet moment of relaxation. With its proximity to scenic hiking trails, waterfalls, local farms, and the region's charming towns, The Magnolia offers the perfect balance of peaceful seclusion and convenient access to everything the Hudson Valley and Catskills have to offer.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $716,000 | $716,000 | $716,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,122 | $4,526 | $6,042 |
Total Monthly Payment | $4,214 | $4,618 | $6,134 |
* 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.