121/115 Kelder Highway, Olive, NY, 12461 | $558,000

Discover your own private retreat where modern convenience meets natural beauty in this exceptional 3-bedroom, 2-bathroom home. This stunning property offers an impressive array of amenities that make it perfect for both comfortable living and entertaining guests.

The heart of this home showcases a spacious living area complemented by a large finished walkout basement, complete with its own cozy fireplace for those chilly evenings. The basement provides excellent additional living space complete with kitchette seamlessly connecting to the outdoor entertaining areas. Relax in the charming sunroom while enjoying serene pond views that change with the seasons.

Storage enthusiasts will appreciate the incredible seven-car garage capacity, along with abundant additional storage throughout the property. A separate 2 bedroom, 1 bath additional unit won it's own 2. 11 acre lot presents exciting rental opportunities, making this property both a wonderful home and potential income generator.

The outdoor features truly set this property apart, including a peaceful pond that serves as the centerpiece of the beautifully landscaped grounds. A newly installed circular driveway provides elegant curb appeal and convenient access to both the main residence and additional structures.

Located in the scenic Hudson Valley region, you'll be just minutes from Vernooy Falls Upper Cherrytown Trailhead and the Ashokan Resivoir, offering excellent hiking opportunities and natural exploration right at your doorstep. This location perfectly balances tranquil country living with accessibility to outdoor recreation.

Whether you're seeking a primary residence, investment opportunity, or weekend getaway, this remarkable property offers endless possibilities in a truly beautiful setting that feels like your own private sanctuary.

This property has 2 seperate deeded lots
115 Kelder is on 2 acres
121 Kelder is on 6. 11 acres
The garage are located with 121 Kelder

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Raised Ranch
  • Year Built: 1979
  • Garage: 2-car Attached
  • Heating: Active Solar, Oil, Wood
  • Basement: Exterior Entry, Finished, Full, Walk-Out Access
  • Acreage: 6.11
  • Est. Taxes: $5,507
  • Lot Desc: Garden, Native Plants, Views, Wooded
  • View: Mountain(s), Pond
  • School District: Onteora
  • Appliances: Built-In Gas Oven, Dishwasher, ENERGY STAR Qualified Dishwasher, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Water Heater
  • MLS#: 20254462
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/20254462/121115kelderhighway_olive_ny?source=qrflyer
Copyright © 2026  Hudson Valley Catskill Region MLS
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
Listing courtesy of BHHS HUDSON VALLEY PROP-WDST

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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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121/115 Kelder Highway, Olive, NY, 12461

$558,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $446,400 $446,400 $446,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $459 $459 $459
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,749 $2,819 $3,707
Total Monthly Payment $3,300 $3,370 $4,258

* 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.