47 Washington Lane, Monticello (Thompson), NY, 12701 | $900,000

EXTRAORDINARY CUSTOM CATSKILL RETREAT ON 9 ACRES WITH INCOME-GENERATING AIRBNB AND GUEST HOUSE Welcome to 47 Washington Lane a secluded sanctuary nestled on nearly nine acres in Monticello, NY, where luxury meets rustic charm. This custom-built chalet-style cabin is not only a private retreat but also a sought-after Airbnb getaway, fetching $300 per night. Experience the magic of a handcrafted, immersive escape that combines natural beauty with modern comforts. Property Highlights Step inside this 1, 398 sq. ft. masterpiece, where towering, oversized windows flood the space with natural light. The open floor plan includes a lofty living area with soaring vaulted ceilings, a wood-burning stove, and rich, organic textures throughout. The first-floor master bedroom and spacious loft provide warmth and tranquility, while two elegant bathrooms add a touch of luxury. The chef's kitchen is designed for memorable gatherings, featuring granite countertops, an inviting eat-in island, and a cozy dining area. Step outside to enjoy the stunning Catskill scenery from either the 160 sq. ft. front porch or the intimate 72 sq. ft. back deck. Guest House and Expansion Potential This property includes a separate guest house, complete with electric and plumbing, waiting to be transformed into a guest suite, artist's studio, or anything your vision holds. An unfinished 1, 195 sq. ft. full basement offers ample storage and endless potential, all with the security of an installed sump pump. Modern Comfort and Natural Beauty Equipped with 200-amp electric service, two Rheem hot water heaters, and three ductless mini-split systems, this cabin offers year-round comfort in a rustic setting. Outside, find yourself surrounded by the tranquil beauty of a koi pond, rolling landscapes, and whispering trees a true haven for nature lovers. Prime Location Despite its secluded feel, 47 Washington Lane is minutes from the vibrant Monticello village, with easy access to high-speed internet, dining, shopping, and outdoor adventures. Whether you're looking for a lucrative Airbnb investment, a private weekend escape, or a full-time residence, this property is a rare opportunity. 47 Washington Lane isn't just a home; it's an invitation to embrace a lifestyle. Discover the possibilities and let this hidden Catskill gem welcome you into its timeless charm.

Features

  • Town: Monticello
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Style: See Remarks, Chalet, Log
  • Year Built: 2012
  • Garage: 1-car Detached
  • Heating: Electric, Baseboard, Heat Pump, See Remarks
  • Cooling: Ductless
  • Basement: Unfinished
  • Approx Sq. Feet: 1,398
  • Acreage: 8.79
  • Est. Taxes: $6,855
  • Lot Desc: Private
  • View: Panoramic
  • Water Front: Yes
  • Elem. School: Kenneth L Rutherford School
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • MLS#: H6335565
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/H6335565/47washingtonlane_monticello_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 Real Broker NY LLC   Phone: 855-450-0442

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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
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47 Washington Lane, Monticello (Thompson), NY, 12701

$900,000

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 $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $571 $571 $571
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,032 $4,433 $5,979
Total Monthly Payment $4,695 $5,096 $6,642

* 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.