1372 Glasco Turnpike, Saugerties, NY 12477 (MLS# 20212990)

Current Price: $1,560,000

Original List Price: 2900000

Sold Price: $1,560,000

Status: Closed

Listing Contract Date: 2021-08-09

Property Sub Type: Single Family Residence

Listing Agreement: Exclusive Right To Sell

Owner Name: Paradise Ponds Inc

Bedrooms Total: 1

Bathrooms Total: 1

Bathrooms Full: 1

Living Area: 1266

Year Built: 1950

Garage YN: Yes

Attached Garage YN: No

Lot Size Acres: 64

Lot Size Dimensions: 64A

Fireplace YN: No

Wood Stove YN: Yes

Sign On Property YN: No

List Price/SqFt: 1974.72

Sold Price/SqFt: 1232.23

Public Remarks: Welcome to Paradise.   The quarter mile drive leads to a sweeping, beautiful and tranquil 64 acre oasis with stunning year round views of Overlook Mountain.  Complete privacy and peaceful surroundings. This beautiful property was created by Tomas Penning (The Bluestone Master) a pioneering Sculptor in the Woodstock Art Colony beginning in the 1930's.  He continued to add to it over the next 5 decades.  It consists of a majestic spring fed pond approximately 30 feet deep and 300 feet in length and 90 feet wide. His Stone Artist Studio is made from the Bluestone quarried from the land.  The 1950's handmade bluestone "diamond in the rough" cottage, one room w/loft, walls of windows, large beams, stone patio has a rustic charm and a feel of the past. There is also a large detached garage, a Firehouse, a machine shop, and a main living Bungalow. Penning's home studio was  known for amazing gatherings.  These included a mecca for famed art enthusiasts and  local stone quarrymen to Franklin and Eleanor Roosevelt, who offered critical support for the arts during the Great Depression and who spent countless times swimming in the pond in finding her peace and tranquility.  The 1950's handmade bluestone "diamond in the rough" cottage, one room w/loft, walls of windows, large beams, stone patio has a rustic charm and a feel of the past.  This property needs to be seen to be believed.  There is lots of potential for development in this precious land.

Major Change Timestamp: 2022-05-26T23:38:36Z

Major Change Type: Status Change

Status Change Timestamp: 2022-05-27

Purchase Contract Date: 2021-12-22

Close Date: 2022-05-26

Close Price: 1560000

Buyer Financing: Cash

Liber/Book: 2427

Page: 5

Section: 28.1

Showing Instructions: Showingtime

SqFt 1st (Legacy): 1266

UC Public Historical Remarks: FIPS Code: NY111, Age: 61-100, Lot/Site: Rural, Water Source: Drilled Well

Street Number: 1372

Street Name: Glasco

Street Suffix: Turnpike

County: Ulster

State: NY

Zip Code: 12477

Town (Taxable): Saugerties-Town