*A Rare Find and Investment Opportunity* Spectacular 5-Bedroom Chalet Estate on 53 Acres in Greenville Perched on a mountain peak in the heart of the scenic "Ridge and Valley Appalachians", this stunning 4, 400 sq ft estate features 5 bedrooms and 4 bathrooms on an expansive 53 acre lot, offering unparalleled privacy and breathtaking 49-mile views of Appalachia below. Whether you're seeking a tranquil retreat or a lucrative investment, this property delivers both. Currently listed as a short term rental, this estate generates impressive rental income, averaging $100, 000 annually with just around 60 rental days booked per year. The property can be sold fully furnished, making it an ideal turn-key investment opportunity where you can start earning from day one! This estate will take your breath away the moment you pull into the driveway. From its impressive chalet-style architecture boasting a magnificent 20-foot vaulted ceiling in the great room with its magnificent stone fireplace, to its impressive landscaping and endless valley views, this estate is truly one of a kind at every turn. Recently renovated in 2022, the property showcases four fully updated bathrooms, modern lighting throughout, a stunning library and home office complete with a cozy built-in reading nook, extensive landscaping, and a dream home gym featuring its own infrared sauna. High-end upgrades include a state-of-the-art water filtration system, enhanced HVAC systems, a luxurious new hot tub, a jet-powered bathtub, and heated towel racks and bathroom floors for added comfort year-round. Outdoors, you can unwind by the fire pit, take a stroll through your private 2-acre wildflower meadow, or enjoy morning coffee on the swing under the pagoda. The property also features fruit-bearing apple, pear, and peach trees, and its seclusion ensures complete privacy with no visible neighbors. The estate also includes a beautiful hiking trail through 40 acres of pristine forest. Additionally, there is ample potential for further development, with a stunning 1, 000 sq ft insulated vaulted room just off the primary bedroom offering limitless possibilities. Conveniently located less than two hours from NYC and just 10 minutes from the Port Jervis train station, this estate is minutes away from Cedar Lake Estates, the Orange Regional Medical Center, the world-famous Hawks Nest, Bethel Woods Center for the Arts, local wineries and orchards, Delaware River rafting, skiing, waterfalls, and the Appalachian Trail. It's the perfect escape for year-round outdoor enthusiasts or those looking for a peaceful getaway from the city. Whether for personal enjoyment or continued investment, don't miss the opportunity to own this one-of-a-kind property. With luxury amenities like a sauna, hot tub, wine cellar, home gym, and unparalleled views, this estate is truly a masterpiece. You'll never want to leave. Secure your slice of heaven today!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $2,000,000 | $2,000,000 | $2,000,000 |
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 | $1,715 | $1,715 | $1,715 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,513 | $12,641 | $16,877 |
Total Monthly Payment | $13,353 | $14,481 | $18,717 |
* 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.