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A RARE opportunity to own a mixed-use property that seamlessly blends historic elegance, income potential, and commercial versatility. This extraordinary 3 BR 2 BA 1900 VICTORIAN, complete with a separate 2 BR 1 BA apartment, is set on a 0. 78-acre lot in the heart of Big Indian.
RICH IN HISTORY and timeless character, the main residence is highlighted by original wood floors, beautifully preserved natural woodwork, soaring ceilings and windows, with classic period details throughout. Two of the bedrooms upstairs feature adjoining sitting rooms or parlors, ideal for reading nooks, home offices, or private retreats or an additional sleeping area. The bathroom is a true nod to the home's heritage, featuring an original tin ceiling and a classic clawfoot bathtub.
PRIVATELY situated at the rear of the property, a detached apartment offers excellent potential for rental income, guest accommodations, or extended living. Recently refurbished, the apartment includes a stainless steel propane stove, refrigerator, and updated kitchen and bathroom fixtures with a separate laundry room under the stairs.
THE APARTMENT sits above a garage which is 809 SF. The garage level provides a dedicated workspace with a half bath, well-suited for a studio, workshop, or small business, enhanced by the property's desirable commercial zoning.
IDEALLY located along a scenic corridor, the property is just minutes from popular destinations such as Peekamoose Restaurant, Phoenicia Diner, The Phoenician, and Woodstock Brewing. Outdoor enthusiasts will appreciate close proximity to Belleayre Mountain, Belleayre Lake, and Esopus Creek, offering year-round recreation including skiing, hiking, fishing, and concerts. Additional ski destinations such as Hunter Mountain, Windham Mountain, and Plattekill Mountain are all within a short drive.
Recent updates include newer windows, updated siding and gutters, newer well pump and pressure tank, roofs approximately 10 years old, and separate 200-amp electric services for both the house and garage/apartment. There is a small stream in the rear of the yard which is scenic from the deck of the apartment.
Whether envisioned as a full-time residence, weekend escape, live/work opportunity, or investment property, this one-of-a-kind offering captures the very best of Catskills living.
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
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$568,000
William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $454,400 | $454,400 | $454,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $652 | $652 | $652 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,721 | $2,835 | $3,743 |
| Total Monthly Payment | $3,465 | $3,579 | $4,487 |
* 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.