18 Magnolia Lane, Saugerties, NY, 12477 | $895,000

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.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 2004
  • Heating: Central,Forced
  • Basement: Finished,Full,Partial,Unfinished,Walkout,Walk-Up Access
  • Approx Sq. Feet: 2,484
  • Acreage: 2.56
  • School District: Saugerties
  • MLS#: 155063
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/155063/18magnolialane_saugerties_ny?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 Houlihan Lawrence, Inc. - Millbrook

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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

18 Magnolia Lane, Saugerties, NY, 12477

$895,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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.