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

“POINT OF INFINITY” A rare mountaintop compound just two hours from New York City, set on 39+ pristine acres of forested Catskills land offering exceptional privacy, deep quiet, and significant income-producing potential. With a Multiple Residences classification and a Multi-Family Dwelling land-use designation, the property is uniquely positioned as a turnkey hospitality compound, retreat campus, or high-performing short-term rental portfolio. The property includes an approximately 2, 250 SF two-story main residence with three bedrooms and one and a half bathrooms. Interior features include skylights in each bedroom, multiple wood-burning stoves, a large fireplace, a brand-new oil furnace, and an insulated porch/den with separate entrance. The first floor includes a dining area with wood-burning stove, full bathroom with washer and vented dryer, additional half bath, and spacious common areas designed for flexible group use. Upstairs, find three bedrooms with storage running along both sides of the home. A strong multi-unit hospitality setup extends beyond the main house, including a converted guesthouse with a full kitchen and an infrared sauna, two large rustic log cabins in excellent condition, and three trailers plus one RV, all of which have been operated as short-term rental units since COVID. The existing layout supports multi-booking, group retreats, and phased rental activation. Additional structures include bathhouses, an open-air pavilion, and storage buildings, supporting events, wellness programming, or shared guest amenities. The grounds are designed for experience-based hospitality, featuring open lawns, wooded walking trails, tenting areas, former sweat lodge grounds, a fenced garden, and abundant parking. The scale and layout of the land also support agritourism, wellness retreats, or expanded guest programming, with ample space for paddocks, barns, or additional outdoor amenities. The property has a documented history of retreats, workshops, short-term rentals, and long-term tenancy, making it immediately relevant for continued Airbnb-style operations or hospitality repositioning. Approximately 900 feet of road frontage with electric at the street also supports potential subdivision or long-term development optionality. Conveniently located just 10 minutes from Ellenville and moments from the Shawangunk Ridge, “Point of Infinity” offers a rare combination of scale, privacy, and income flexibility in one of the Hudson Valley and Catskills region’s most desirable lifestyle and tourism corridors.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: Gas Dryer Hookup, In Bathroom
  • 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
  • Days on Market: 4 days
  • 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
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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** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment $871 $871 $871
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,378 $3,511 $4,617
Total Monthly Payment $4,341 $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.