Olive NY Real Estate

Olive is a beautiful town located in the Catskill Mountains of upstate New York. Olive was incorporated in 1823 and currently has a population of about 4,300. Homes in Olive give residents access to skiing and hiking as well as the scenic Ashokan Reservoir.

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269 Lower Sahler Mill Road Olive NY 12461

Olive, NY269 Lower Sahler Mill Road

Price$240,000

Est. Mortgage: $/month

Pending

MLS Number 20194978

  • Land Residential

Offering a pristine building site with Catskill Mountain views. Situated south of the Ashokan Reservoir with road access from Lower Sahler Mill, just across the from the bucolic setting of the actual mill. This 43+/- acre site is on 3 parcels as described below. A buildable lot (or potentially multiple lots) sits atop a tall hill up a long driveway. The current owner put in a road with a well-implemented underlayment and drainage with gravel on top. The initial entry is a gravel road leading to where the road splits off to the left and is marked with 2 bright flag markers. You will see a dark green shed at the top where you can park. Power lines with electric is ready to be hooked up. The shed is wired for power. Central Hudson connection for meter sits just behind the shed. A perc test was done but has since expired (see docs). Neighboring properties have had good success with wells. A large area approximately one acre was cleared and leveled for a potential building site. There is a circular logging path up top, easily walkable on a clear day, that gives you a good idea of possible subdivision areas if a builder was interested in the process of subdividing. Nearby development with $600k-to-$1M homes is located on Mill Rock Road, Accord. The location is close to the towns of Stone Ridge, High Falls, New Paltz and within 30 minutes of Woodstock and Phoenicia. Access to skiing at Belleayre & Hunter is nearby. The Ashokan Rail Trail provides miles of walking paths. Nature-lovers will enjoy hiking the nearby mountain ranges, Mohonk, Shawangunk, Slide, and so much more.

Listed by Melissa Mayes, BHHS HUDSON VALLEY PROP-WDST

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Federal 30-year interest rate: 3.15% last updated on May 28, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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