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98 Grace Way, Olivebridge, NY 12461 (MLS# 20243404)


$1,460,000
98 Grace Way
Olivebridge, NY 12461
MLS# 20243404
Status: Closed
3 beds  |  3 baths  |  2110 sqft


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Property Description
In search of an upstate escape that offers total seclusion, the feeling of being completely ensconced in nature and includes two standalone dwellings? If so, this property is not to be missed. An impressively long driveway weaves its way through rock outcroppings and a dense forest of oak, maple and pine to this utterly private and peaceful enclave. Perched atop a hill sits the main dwelling, a 3BD/3BA contemporary designed with a mix of materials exuding a modern flair. High-ceilings and a wall of windows provide a stunning backdrop and constant connection between the open concept and the outdoors. A wood stove provides rich ambiance and abundant heat. A large concrete island offers ample space for conversation, dining and extra counter space for the home chef. A 'hidden' loft offers a bird's eye view of the living area with light that streams through the two skylights. An ensuite primary bedroom with high-ceilings, two large picture windows and a walk-in closet and a charming powder room complete the main floor. The ground floor includes two sizable bedrooms, both with large windows, a beautifully designed bathroom, a large secondary living area that currently serves as a den, a dedicated laundry room and direct access to the one-car garage. Plentiful options exist to engage the outdoors. French doors off of the kitchen lead to an elevated deck, drenched in morning/early afternoon light and sizable enough to accommodate a large dining table and lounge area, making it an ideal spot for morning coffee or yoga as well as a prime spot to entertain guests. On the opposite side of the living area, sliding doors lead to an expansive bluestone patio that can accommodate additional outdoor dining/lounging options in a more shaded environment. Off the patio, a wood-chip laden path leads up a gentle slope through the forest to a substantial fire pit where, in the colder months, you'll inevitably find time for quiet contemplation or lively conversation. On the same path sits a fenced in garden where you can grow your own food. The high-performance, passive-inspired construction makes this an incredibly energy efficient, low-carbon footprint home including a fully insulated building envelope (without any thermal bridging) and an energy recovery ventilation system (ERV) which constantly circulates fresh air through the structure. In keeping with eco-friendly aspects of the home, the stairs, windowsills and various structural beams are constructed of wood felled and milled directly on property. There is also an advanced multi-stage water filtration system. A short distance away sits the second dwelling, a 1BD/1BA quintessential cabin in the woods. Preservation of the natural landscape was of paramount importance and the result is a structure that sits perfectly nestled into a mossy, fern-covered rock ledge. The exterior is constructed of reclaimed hemlock beams and charred cedar siding. Inside you'll find an open concept design with high ceilings, hardwood floors, lofted sleeping quarters and a full bathroom and kitchen. A wraparound deck, separate fire pit and vegetable garden provide plenty of options to engage the outdoors. For those seeking optionality, the cabin can serve as a guest house, a separate home office (with high-speed internet) and an income generating STR. It's currently a highly rated property on AirBNB and generates significant income. In close proximity are (i) Inness resort, where membership provides access to two pools, tennis courts, a gym and all sorts of programming, (ii) Westwind Orchard and Arrowwood Brewery, both farm-to-table community gathering spots, (iii) Saunderskill and Kelders, where you can both pick and purchase local produce, (iv) a plethora of additional markets, restaurants and farm stands and (v) hiking, climbing, biking in the Ashokan Reservoir, Catskills and Minnewaska as well as skiing at Belleayre/Plattekil

Details
Documents
Contract Information
Accessory Dwelling Unit YN: Yes
Listing Agreement: Exclusive Right To Sell
Owner Name: Allender
Occupant Type: Vacant
Current Price: $1,460,000
Original List Price: 1250000
Sold Price: $1,460,000
Status: Closed
Listing Contract Date: 2024-08-05
Property Sub Type: Single Family Residence
Location, Tax, and Legal
Township: Olive
School District: Onteora Central
General Tax: 3750
School Tax: 5125
Tax Annual Amount: 8875
Tax Assessed Value: 601000
Tax Legal Description: 60.2-2-48.600
Parcel Number: 60.2
Tax Lot: 48.600
Tax Block: 2
Zoning: RES1
Directions: Once on Grace Way, drive to the end and straight ahead is a sign for 98.
General Property Information
Bathrooms Half: 1
Above Grade Finished Area: 2110
Below Grade Finished Area: 0
Lot Size Acres: 8.4
New Construction YN: No
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 1
Sign On Property YN: No
Basement YN: No
Stories: 2
Wood Stove YN: Yes
List Price/SqFt: 592.42
Sold Price/SqFt: 691.94
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 2
Living Area: 2110
Year Built: 2017
Remarks and Miscellaneous
Public Remarks: In search of an upstate escape that offers total seclusion, the feeling of being completely ensconced in nature and includes two standalone dwellings? If so, this property is not to be missed. An impressively long driveway weaves its way through rock outcroppings and a dense forest of oak, maple and pine to this utterly private and peaceful enclave. Perched atop a hill sits the main dwelling, a 3BD/3BA contemporary designed with a mix of materials exuding a modern flair. High-ceilings and a wall of windows provide a stunning backdrop and constant connection between the open concept and the outdoors. A wood stove provides rich ambiance and abundant heat. A large concrete island offers ample space for conversation, dining and extra counter space for the home chef. A 'hidden' loft offers a bird's eye view of the living area with light that streams through the two skylights. An ensuite primary bedroom with high-ceilings, two large picture windows and a walk-in closet and a charming powder room complete the main floor. The ground floor includes two sizable bedrooms, both with large windows, a beautifully designed bathroom, a large secondary living area that currently serves as a den, a dedicated laundry room and direct access to the one-car garage. Plentiful options exist to engage the outdoors. French doors off of the kitchen lead to an elevated deck, drenched in morning/early afternoon light and sizable enough to accommodate a large dining table and lounge area, making it an ideal spot for morning coffee or yoga as well as a prime spot to entertain guests. On the opposite side of the living area, sliding doors lead to an expansive bluestone patio that can accommodate additional outdoor dining/lounging options in a more shaded environment. Off the patio, a wood-chip laden path leads up a gentle slope through the forest to a substantial fire pit where, in the colder months, you'll inevitably find time for quiet contemplation or lively conversation. On the same path sits a fenced in garden where you can grow your own food. The high-performance, passive-inspired construction makes this an incredibly energy efficient, low-carbon footprint home including a fully insulated building envelope (without any thermal bridging) and an energy recovery ventilation system (ERV) which constantly circulates fresh air through the structure. In keeping with eco-friendly aspects of the home, the stairs, windowsills and various structural beams are constructed of wood felled and milled directly on property. There is also an advanced multi-stage water filtration system. A short distance away sits the second dwelling, a 1BD/1BA quintessential cabin in the woods. Preservation of the natural landscape was of paramount importance and the result is a structure that sits perfectly nestled into a mossy, fern-covered rock ledge. The exterior is constructed of reclaimed hemlock beams and charred cedar siding. Inside you'll find an open concept design with high ceilings, hardwood floors, lofted sleeping quarters and a full bathroom and kitchen. A wraparound deck, separate fire pit and vegetable garden provide plenty of options to engage the outdoors. For those seeking optionality, the cabin can serve as a guest house, a separate home office (with high-speed internet) and an income generating STR. It's currently a highly rated property on AirBNB and generates significant income. In close proximity are (i) Inness resort, where membership provides access to two pools, tennis courts, a gym and all sorts of programming, (ii) Westwind Orchard and Arrowwood Brewery, both farm-to-table community gathering spots, (iii) Saunderskill and Kelders, where you can both pick and purchase local produce, (iv) a plethora of additional markets, restaurants and farm stands and (v) hiking, climbing, biking in the Ashokan Reservoir, Catskills and Minnewaska as well as skiing at Belleayre/Plattekil
Status Change Information
Status Change Timestamp: 2024-10-03
Concessions: No
Buyer Financing: Conventional
Major Change Timestamp: 2024-10-03T18:41:36Z
Major Change Type: Status Change
Purchase Contract Date: 2024-08-14
Close Date: 2024-10-03
Close Price: 1460000
Accessory Dwelling Unit Information
ADU Attached YN: No
ADU Bathrooms: 1
ADU Bedrooms: 1
ADU Building Type: Stand-Alone
ADU Cooling YN: Yes
ADU Efficiency: 1
ADU Gas Meter YN: No
ADU Heating YN: Yes
ADU Kitchen: 1
ADU Living Room: 1
ADU Occupied YN: No
ADU Parking YN: Yes
ADU Permitted YN: Yes
ADU Rented YN: No
ADU SqFt: 460
ADU Water Meter YN: No
Number of ADUs: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Range Hood: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Architectural Style
Contemporary: 1
Attic Features
None: 1
Book Information
Liber/Book: 5501
Page: 69
Section: 60.2
Construction Materials
Cedar: 1
Concrete: 1
Wood Siding: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Door Features
Sliding Doors: 1
Electric
200+ Amp Service: 1
Exterior Features
Awning(s): 1
Fire Pit: 1
Garden: 1
Gas Grill: 1
Outdoor Grill: 1
Private Yard: 1
Storage: 1
Flooring
Combination: 1
Tile: 1
Wood: 1
Foundation Details
Block: 1
Slab: 1
Heating
Ductless: 1
Heat Pump: 1
Wood Stove: 1
Interior Features
Beamed Ceilings: 1
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
High Ceilings: 1
High Speed Internet: 1
Kitchen Island: 1
Open Floorplan: 1
Storage: 1
Laundry Features
Inside: 1
Laundry Room: 1
Lower Level: 1
Levels
Tri-Level: 1
Lot Features
Front Yard: 1
Garden: 1
Gentle Sloping: 1
Many Trees: 1
Native Plants: 1
Private: 1
Rock Outcropping: 1
Secluded: 1
Sloped: 1
Sloped Down: 1
Sloped Up: 1
Wooded: 1
Other Structures
Guest House: 1
Shed(s): 1
Parking Features
Driveway: 1
Garage Faces Front: 1
Gravel: 1
Inside Entrance: 1
Patio And Porch Features
Awning(s): 1
Deck: 1
Patio: 1
Terrace: 1
Wrap Around: 1
Pool Features
None: 1
Road Frontage Type
Private Road: 1
Road Surface Type
Gravel: 1
Roof
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Structure Type
Cabin: 1
House: 1
View
Forest: 1
Garden: 1
Rural: 1
Trees/Woods: 1
Water Source
Well: 1
Window Features
Insulated Windows: 1
Wood Frames: 1
Wood Stove Features
Wood Stoves Total: 2
Wood: 1
Showing Requirements
Appointment Only: 1
Showing Information
Showing Attended YN: No
Location Tax and Legal
Street Number: 98
Street Name: Grace
Street Suffix: Way
County: Ulster
State: NY
Zip Code: 12461
Town (Taxable): Olive
Property Features
Accessory Dwelling Unit Information: ADU Efficiency; ADU Kitchen; ADU Living Room
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Electric Water Heater; Range Hood; Refrigerator; Stainless Steel Appliance(s)
Architectural Style: Contemporary
Attic Features: None
Construction Materials: Cedar; Concrete; Wood Siding
Cooling: Ceiling Fan(s); Heat Pump
Door Features: Sliding Doors
Electric: 200+ Amp Service
Exterior Features: Awning(s); Fire Pit; Garden; Gas Grill; Outdoor Grill; Private Yard; Storage
Flooring: Combination; Tile; Wood
Foundation Details: Block; Slab
Heating: Ductless; Heat Pump; Wood Stove
Interior Features: Beamed Ceilings; Cathedral Ceiling(s); Ceiling Fan(s); High Ceilings; High Speed Internet; Kitchen Island; Open Floorplan; Storage
Laundry Features: Inside; Laundry Room; Lower Level
Levels: Tri-Level
Lot Features: Front Yard; Garden; Gentle Sloping; Many Trees; Native Plants; Private; Rock Outcropping; Secluded; Sloped; Sloped Down; Sloped Up; Wooded
Other Structures: Guest House; Shed(s)
Parking Features: Driveway; Garage Faces Front; Gravel; Inside Entrance
Patio And Porch Features: Awning(s); Deck; Patio; Terrace; Wrap Around
Pool Features: None
Road Frontage Type: Private Road
Road Surface Type: Gravel
Roof: Metal
Security Features: Smoke Detector(s)
Sewer: Septic Tank
Structure Type: Cabin; House
View: Forest; Garden; Rural; Trees/Woods
Water Source: Well
Window Features: Insulated Windows; Wood Frames
Wood Stove Features: Wood
Showing Requirements: Appointment Only

Listing Courtesy of Fresh Air Realty
Listing Agent: Joseph Satto

Information deemed reliable but not guaranteed.