Rare Turn-Key Development Opportunity in the Heart of the Catskills - Olive, NY GREAT FOR BUILDERS, DEVELOPERS & SAVVY INVESTORS!!!!! Two functioning mobile homes on two separately deeded lots are being sold together as one exceptional package..... Addresses: 115 & 117 Acorn Hill Rd, Olive, NY 12461 This prime offering features 2.04 acres of beautiful, usable land in a highly desirable residential area of the Catskills..... Located in the highly desirable Onteora Central School District The property is grandfathered under local zoning, allowing you to build 3-4 new homes (buyer to verify exact approvals with the Town of Olive Planning & Zoning Board). What truly sets this property apart is the existing infrastructure already in place and fully permitted - saving you $100,000-$150,000+ in development costs: Existing Certificates of Occupancy (C/Os) for all current improvements--- Deep water well - already certified for drinking water--- Electric service on the property with two separate accounts / electrical boxes--- 2 separate, working septic systems--- Existing two-car garage shed--- Level, easy-access driveways already installed and in excellent condition---- Located on a quiet residential road with straightforward, level access--- This is not bare land. All permits and current C/O's are in place, making this a true ready-made developer opportunity.... Additional Highlights: Two operational mobile homes - perfect for immediate rental income or temporary housing during redevelopment--- Combined land size and taxes for both lots--- Located in the highly desirable Onteora Central School District--- Surrounded by luxury new construction - $1.5 million+ homes are being built across the street and on the same block (see photos of the new builds and the serene, wooded land)... Imagine the possibilities: subdivide and build high-end homes in one of the fastest-appreciating areas of the Hudson Valley, with easy access to Olivebridge, Shokan, the Ashokan Reservoir, hiking trails, Woodstock, and just under 2 hours to NYC.... This is a rare chance to acquire shovel-ready land with major infrastructure already paid for and permitted.
Listing By
Agency Name: Lombardo Homes & Estates
Agency Phone: 516-316-9974
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 754.54 per month $600.66 Principal & Interest $75.17 Property Tax $78.72 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
115 Acorn Hill Road | MLS# R1654217
This single family home located at 115 Acorn Hill Road, Olive, NY 12461 is currently listed for sale with an asking price of $269,888. This property was built in 1974 and has 2 bedrooms and 2 full baths with 1536 sq. ft. Acorn Hill Road is located within the Onteora school district. Search Olive real estate on www.coldwellbankerchoice.com today.