Unparalleled opportunity to own an expansive 29. 3 acres in the scenic towns of Marbletown and Olive with direct access to the Ashokan Reservoir Promenade while being able to launch your boat off the shore. Protected by thousands of acres of forever wild land across from you, and surrounded by a private 154-acre estate, ensures your quiet serenity. Imagine walking/running or biking from your front door to the 6 miles of jaw dropping promenade waterfront views of the tallest Catskill Mountain peaks on one of NY largest reservoirs. Or spend a day fishing on your boat, launching off from the shore. The immediate area has other beautiful places to walk such as the reservoirs' overspill, especially breathtaking watching the water overflow. As you approach you will pass the serene Blue Heron Pond on your right. The property radiates untouched charm and boasts an abundance of valuable timber, providing endless inspiration for crafting your dream home or homes. Explore the diverse landscape, envisioning potential home sites that align with your vision. Park along the grassy area by the gravel entrance, this area has been created at the front of the property for you to start your exploration offering easy access to the property, empowering you to chart your course with ease and highlights the old work roads that cross through the property. Also walk along the road to see the over 1, 100 feet of road frontage. Ideally situated, this location offers proximity to a plethora of summer activities, including The Ashokan Rail Trail, The Ashokan Center and the renowned local farms like Arrowood and the new Inness Resort. Winter enthusiasts will be thrilled by the proximity to exceptional skiing destinations, just a quick 30-minute drive away. Additionally, Woodstock is 15 minutes from the property and the vibrant city of Kingston is a mere 20-minute journey offering waterfront activities, an array of fantastic restaurants and diverse shopping experiences to cater to all your needs and desires. Embark on a journey of exploration and unlock the boundless potential of this natural paradise. Schedule a visit today and let your imagination soar amidst this extraordinary estate. Even though the official address is 2097 West Hurley, for proper GPS directions use 2097 Rt 28a Kingston.
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Our Executive Mortgage Banker:
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$497,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $397,600 | $397,600 | $397,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,712 | $2,643 | $3,353 |
Total Monthly Payment | $2,787 | $2,718 | $3,428 |
* 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.