3.2 Acres with Mountain Views, Stream, and Ready-to-Build Improvements
This beautiful 3-acre parcel offers the perfect blend of light, privacy, and convenience. The land has been thoughtfully cleared and de-stumped, allowing sunlight to pour in while mature trees frame the property's natural borders. A gentle stream runs along the western edge, with Hanover Mountain providing a striking backdrop due west.
Key improvements included:
300 ft drilled well
BOH-approved 3-bedroom septic with raised bed leach field
Underground electric to the property
Situated on a quiet closed-end road with minimal traffic, this location is peaceful yet easily accessible. Minutes to the Ashokan Reservoir, Ashokan Rail Trail, Belleayre Mountain, Woodstock, and Phoenicia, it's an ideal setting for both year-round living and a country retreat. Excellent cell service is also available.
Deed restrictions require a minimum 1,200 sq. ft. home, ensuring quality and consistency in the neighborhood.
Utilities
Cable Available, Electricity Available, Underground Utilities, Water Available
Lot Description:
Cleared, Gentle Sloping, Views
View Description:
Mountain(s)
61 Hillside Drive, Olive, NY, 12494
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
