101 Red Star Road, Greenfield Park, NY, 12435 | $695,000

“POINT OF INFINITY” is a rare mountaintop compound just two hours from New York City, set on 39+ pristine acres of forested Catskills land with exceptional privacy, remarkable quiet, and multiple income-producing possibilities. With a Multiple Residences classification and Multi-Family Dwelling land use designation, the property offers extraordinary flexibility for use as a private estate, retreat center, hospitality concept, or investment opportunity. The compound includes an approximately 2, 250 SF two-story main residence featuring three bedrooms, one and a half bathrooms, skylights, two wood-burning stoves, and a brand-new oil furnace. A converted guesthouse with a full kitchen and infrared sauna comfortably accommodates larger groups, while two log cabins provide additional lodging and income potential. Supporting improvements include bathhouses, an open-air pavilion, and additional storage buildings. The expansive grounds feature open lawns, wooded walking trails, tenting areas, a fenced garden, and ample parking throughout the property. With an established history of retreats, workshops, short-term rentals, and long-term tenancies, the property is well-positioned for continued hospitality or residential use. Approximately 900 feet of road frontage with electric available at the street further supports potential subdivision opportunities. Conveniently located just 10 minutes from Ellenville and moments from the Shawangunk Ridge, “POINT OF INFINITY” offers a unique combination of natural beauty, privacy, and development flexibility in one of the Hudson Valley and Catskills region’s most sought-after settings. More information and photos will be available when the listing becomes fully Active.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Chalet, Contemporary
  • Year Built: 1970
  • Heating: Hot Water, Steam, Other
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 2,250
  • Acreage: 39.3
  • Est. Taxes: $10,452
  • Lot Desc: Hilly, Part Wooded, Secluded, See Remarks, Sloped, Split Possible, Views, Wooded
  • View: Mountain(s), Open, Trees/Woods
  • Elem. School: Ellenville Elementary School
  • Middle School: ELLENVILLE JUNIOR/SENIOR HIGH SCHOOL
  • High School: ELLENVILLE JUNIOR/SENIOR HIGH SCHOOL
  • School District: Ellenville
  • Appliances: Oven, Refrigerator
  • MLS#: 965863
  • Website: https://www.raveis.com
    /prop/965863/101redstarroad_greenfieldpark_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 Corcoran Group   Phone: 212-957-4100

William Raveis Family of Services

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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
  • Offers you pre-approval in minutes!
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101 Red Star Road, Greenfield Park, NY, 12435

$695,000

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 $556,000 $556,000 $556,000
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 $871 $871 $871
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,423 $3,511 $4,617
Total Monthly Payment $4,386 $4,474 $5,580

* 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.