WAWARSING NY - ID: 20153046
On the Market
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  • Price: $350,000
  • Bedrooms: 6
  • Bathrooms: 3 (full)
  • Sq. Feet: 4,944
  • Garage: None
  • Acreage: 26.96
  • Year Built: 1870
  • School District: Ellenville Central
  • CONTACT
    Grist Mill Real Estate
    (800) 664-5503
    gristmill@gristmillrealestate.com
Property Type: Single Family

Description: This is your opportunity to own and restore the Dewitt/Benedict House, one of the most important historic landmarks in the Town of Wawarsing. Built before 1766 by the Dewitt family, original European settlers in Wawarsing is this spectacular Dutch Stone house with some newer additions, almost 5000 sq ft of space on 26.96 acres of land, almost 1, 000 feet on State Route 209! Because this property is a Town of Wawarsing Historic Landmark, any owner who renovates it can take advantage of a local law that will completely abate for five years any increase in property taxes because of an increased assessment and will then phase-in the increased assessment only at 20% per year for each of the following five years. Do I hear, Bed & Breakfast, Country Style Restaurant, or maybe even an Emporium. All possible with site plan approvals. Maybe you just want to restore this 6 bedroom, 3 bath home with several fireplaces, wood floors, many other large and small rooms and a Classic rocking chair porch overlooking the Shawangunk Ridge to it's splendor of yesteryear. Keep all the land or sub-divide and sell off some acreage to an adventurous entrepreneur for their Business Dream. Nearby is the new Walmart, Ellenville Airport, live Theater at the Shadowland, soon to be built NEVELE Sports Complex and some fine eateries.
In addition, an application is being filed to put the property on the State and National Registers of Historic Properties, which would further entitle the owner to tax credits for renovations. There is value in the land as it has a large ridge of shale. Many other options are available, a complete list of uses is in associated documents. Bring all offers the owners wants it SOLD this year!


FEATURES:
ELEMENTARY SCHOOL: Ellenville Pre K-5
SQUARE FEET -1ST FLOOR: 2472
ZONE: B/H
LOT DIMENSIONS: Irregular
COLOR: Stone & White
CONDITION: Fair
FIREPLACE DESCRIPTION: Other/See Remarks
AMENITIES: Pool-In Ground
ELECTRICITY: Circuit Breakers
LOT FEATURES: Rock Outcrop, Slope-Gently, Slope-Steeply, Sub Dividable
LOT/SITE: Rural
STYLE: Farm House
WATER: Drilled Well
SURVEY: Yes

Listing courtesy of: Coldwell Banker Village Greenn / Listing Agent: David Barnes
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