MARBLETOWN NY - ID: 20180484
On the Market
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  • Price: $895,000
  • Bedrooms: 6
  • Bathrooms: 4 (full)
  • Sq. Feet: 6,075
  • Garage: None
  • Acreage: 5.92
  • Year Built: 1760
  • School District: Rondout Valley Schools
  • CONTACT
    Grist Mill Real Estate
    (800) 664-5503
    gristmill@gristmillrealestate.com
Property Type: Single Family

Description: Historic, yet appealing to minimalist modern tastes, the James Oliver House is a welcome addition to the Kingston area renaissance known as "Brooklyn North." This massive stone colonial, conveniently located between Kingston and Stone Ridge, boasts a grand foyer, an elegant, generous stairwell, large spaces, high ceilings, and a dramatic open third-floor which reads “loft, " with exposed beams and cathedral ceilings. The large, well-appointed kitchen does contemporary justice to the building's vintage, exposing a three-story stone wall and two-hundred-year-old wood paneling. Throughout the house, you will find the original wide floor boards, over-sized closets rare for the era, ample and large, well-lit bedrooms, and many original details — chestnut beams, forged hardware, deep-sill windows, Dutch doors, four working fireplaces. Every room is its own adventure. Currently configured for a single family, the home can easily be taken back to a three-family residence (its actual zoning), making it a prime investment property, or candidate for cooperative living. The top floor, with its own kitchen, bathroom and separate entrance, can provide enough income to fund a mortgage. Currently a highly successful Airbnb, it earns between $2, 000 and $2, 500 a weekend, and $5, 000 to $10, 000 for special occasions. The grounds feature lovely landscaping, perennial gardens and mature specimen trees. The property includes an enormous, vernacular early Dutch barn in excellent condition, a stone smokehouse, a chicken coop, among other studio/workshop outbuildings. Artists and makers, aspiring B&B owners, and those interested in seeking to start a small working farm will recognize this as a unique opportunity to own a part of history — New York State's first Senate meeting occurred here. For the buyer who can no longer find this kind of real-estate in Kingston or Hudson, this is the property that has been awaiting you.
The renovated kitchen boasts a commercial Viking range and a Bosch dishwasher and refrigerator. There's a new high-efficiency 5-zone heating system and three electric zones with separate hot water heaters were the home turned back into a three-family residence or were it to be used cooperatively. The thick stone walls keep the home completely silent inside. The third floor loft, which has its own entrance, could command around $2, 000 as a conventional rental. A side accessory apartment -- a lofted studio -- with the addition of a kitchenette and a bathroom, also has its own private entrance. The permutations and combinations of this property are many indeed.


FEATURES:
SQUARE FEET -1ST FLOOR: 2754
SQUARE FEET -2ND FLOOR: 1944
SQUARE FEET -3RD FLOOR: 1377
ZONE: R-1
LOT DIMENSIONS: 5.92 Acres
CONDITION: Very Good
APPLIANCES: Dishwasher, Range, Range Hood, Refrigerator
FIREPLACE DESCRIPTION: Brick
FIREPLACE LOCATION: Basement, Bedroom, Dining Room, Family Room, Living Room
ELECTRICITY: 200 Amps
LOT FEATURES: Landscaped, Level, Private, Slope-Gently, Wooded
LOT/SITE: Rural
STYLE: Colonial
WATER: Drilled Well
KITCHEN DESCRIPTION: Breakfast Bar, Eat - In, Gourmet, Island, Pantry

Listing courtesy of: Lawrence O'Toole Realty / Listing Agent: Lawrence O'Toole
Copyright Ulster County
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