158.67 Acres Lot
158.67 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20266625
HOA Y/N No
Annual Tax Amount $8,196
Tax Year 8196
Lot Size 158.670 Acres
Acres 158.67
Property Sub-Type Unimproved Land
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Acreage of this scale and collection of attributes is a rarity. In fact, over the past decade, there have been zero public sales of 100+ acre properties in Olive and only two in Marbletown.
Spanning four tax parcels in Olive (101 acres) and two in Marbletown (57 acres), Vly Summit rises more than 300 feet from two quiet town roads to a private 1,100-ft plateau, the natural site for the main house. Once the summit is cleared, the views will run in every direction: both basins of the Ashokan Reservoir and the peaks of the Catskills to the north, Ashokan High Point to the west and the Shawangunk Ridge from Mohonk to Minnewaska to the south.
The land rises in tiers, creating multiple potential homesites with north-facing reservoir views and west-facing Catskill views. The owners have already completed extensive clearing, opening outstanding views north over the Ashokan to the Catskill peaks beyond.
For a private compound, the separate tax parcels allow for a main house, guest house and caretaker's cottage, each in its own setting and linked by internal roads. The approximately 3 miles of roughed-in roads including 1 mile of finished gravel road, double as a private trail network where you can hike for hours without leaving your land. The roads cross rolling hillsides and long, flat terraces, pass impressive rocky outcroppings and run beside historic stacked stone walls, built by hand by the farm families who once worked these fields. Farther on, old bluestone quarries hold enough stone to finish every road on the property.
For developers with an eye toward subdivision, both towns zone the land at one dwelling per 3 acres (Olive R/R-3A, Marbletown A-3), offering the potential to create additional building lots, subject to each town's code and approval.
Two legal access points on Vly Road in Olive and Woodland Road in Marbletown (Stone Ridge) provide a formal approach and a service entrance, with electric available at both. Clearing and roadwork are ongoing.
For a buyer with vision who values the ultimate level of privacy, where every day begins with the privilege of waking to unparalleled mountain views and ends under the moon and stars as the sole source of light, this is a property not to be missed.
Location
State NY
County Ulster
Area Olive
Zoning RR3
Exterior
View Forest, Hills, Mountain(s), Panoramic, Rural, Trees/Woods, Valley, Water
Building
Lot Description Few Trees, Gentle Sloping, Level, Many Trees, Meadow, Native Plants, Private, Rock Outcropping, Rolling Slope, Secluded, Sloped, Sloped Down, Sloped Up, Split Possible, Steep Slope, Subdivide Possible, Views, Wooded
Schools
High Schools Onteora Central School District
School District Onteora Central School District
NEARBY SCHOOL & BUSINESS
