18 Jomar Lane, Olive (Olivebridge), NY, 12461 | $849,000

You'll understand just how special this 41 Acre property is once you arrive. Just driving down the country road to get here is already a treat. Situated at the base of the majestic High Point Mountain you'll find a private driveway that takes you through a beautiful forest and then it opens up to acres of your own open farmlands. . . . . the open fields are perfectly suited to horses and with an amazing newly painted Gambrel Roof Horse Barn, you can move them right in and start enjoying every aspect of country life. The peaceful feeling this private property gives is unmatched. The home is nestled perfectly along the woodlands with great views of the open fields. Watch your horses, cows or goats grazing or just relax on the open front porch and breath in all the fresh air! The home has been very well maintained and features a charming stone fireplace, pretty solid wood six panel doors, a kitchen with multiple wood cabinets including an integrated pantry, Corian countertops, a gas stove and peninsula open to a dining area with large windows overlooking those gorgeous views. The split floor plan has two bedrooms on one side of the house while the Primary Bedroom Suite is on the other side which offers some privacy from the kiddos or guests. Just off the living room you'll find a charming enclosed porch with wide board knotty pine floors and large windows overlooking your own pristine forest. The oversized two car garage has ample space for a workbench, contains a storage closet and the entrance to the poured concrete crawl space which houses the utilities. Once you step foot in the barn, your imagination will light up. . . . what a great space on the ground level for horses or other livestock with a center isle and several stalls that can be used in a variety of ways, high ceilings with exposed beams and four entrance/exit doors for ease in cleaning or moving animals. The Second floor of the barn contains an exterior hay door PLUS there is a full interior staircase to a HUGE open space with lots of headroom for hay storage, tack, etc. This barn offers so many possibilities. . . . it is such a great building for other dreams as well. . . . Possibly convert it to your own personal artist studio or workshop. . . . it contains its own electric service. Take your time to walk around this lovely property, you will find there are two small streams, beautiful old growth trees along the perimeter and tons of space to enjoy. This large lot contains such a diversity of land types including heavily and lightly forested areas, open meadows, wetlands, rock outcroppings, charming natural streams and pretty landscaping around the house. There is a protected archeological site of early Native American historical significance within the forested area. This beautiful property is in close proximity to the picturesque Ashokan Reservoir that features a pedestrian only paved walking/biking promenade showcasing vast views of the surrounding Catskill Mountains and breathtaking Ashokan Reservoir and also the Ashokan Rail Trail which meanders through miles of beautiful forest alongside the shoreline of the reservoir and Esopus Creek. In addition, the Mohonk Preserve with its amazing trails and swimming lake are a short drive away. The Catskills offer so much to enjoy between all the hiking trails and high peak vistas, but also all the charming small villages with quaint shops and restaurants. You'll never feel bored and you'll always feel relaxed and at peace in this special area. Come see this exceptional property as soon as possible. . . it is such a rare find. . . . once you see it, you will absolutely love it!!

Features

  • Town: Olive
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 2005
  • Garage: 2-car
  • Heating: Baseboard, Hot Water, Oil, Wood
  • Cooling: None
  • Basement: Crawl Space
  • Approx Sq. Feet: 1,485
  • Acreage: 41
  • Est. Taxes: $10,350
  • Lot Desc: Part Wooded, Secluded
  • Elem. School: Reginald Bennett Elementary School
  • Middle School: Onteora Middle School
  • High School: Onteora High School
  • School District: Onteora
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: 868698
  • Days on Market: 277 days
  • Website: https://www.raveis.com
    /prop/868698/18jomarlane_olive_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 HOWARD HANNA RAND REALTY   Phone: 845-338-5252

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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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18 Jomar Lane, Olive (Olivebridge), NY, 12461

$849,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.984% 5.806%
Monthly Tax Payment $863 $863 $863
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,698 $4,018 $5,595
Total Monthly Payment $4,652 $4,972 $6,549

* 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.