BEDS10
BATHS3 full
SQUARE FEET5,900
MLS#4011393
STATUS
PROPERTY TYPEResidential - Single Family
Property Description
Unique Property. Victorian Mansion. 35.09 acres of improved land with an extensive array of existing structures and amenities. Due to Highlands regulations, further subdivision or redevelopment is restricted, making this ideal for a buyer seeking to rehabilitate, restore, or continue use of the existing improvements. At the heart of the property is a Victorian era residence showcasing historic craftsmanship. Home features fireplaces, hardwood flooring, stonework, current permit for 10 furnished rooms in main house. An efficiency apartment in main residence The expansive grounds include several multifamily residential buildings with rental potential, approx 24 one room cabins, and rec hall. The property features sheds, workshops & utility buildings, Additional amenities include designated trailer and RV sites with existing infrastructure, 6 established campsite pads with fire pits. Electric service throughout the grounds supporting a variety of recreational and operational uses including an inground pool with picnic area, hot tub, sun deck, volleyball & shuffleboard courts. The expansive layout and existing features provide flexibility for a variety of permitted uses, The property does require rehabilitation and is best suited for a buyer with vision who understands the value of improving and maintaining existing structures within the Highlands framework. A rare opportunity to acquire a large, improved tract with historic character.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Fuel Type: Oil Tank Below Ground
Garage: 2
Home Style: Custom Home, Victorian
Lot Size: 35.09 Acres
Roof Type: Rubberized, Slate
Taxes: $32,431
Year Built: 1820
Amenities
Beam Ceilings
High Ceilings
Deck
Open Porch(es)
Outbuilding(s)
Patio
Storage Shed
Workshop
Feature Descriptions
Appliances: Carbon Monoxide Detector, Dishwasher
Bath: Stall Shower And Tub
Days on Site: 5
Driveway: 1 Car Width, 2 Car Width, Circular, Paver Block
Exterior: Wood
Fireplace: Non-Functional, Wood Stove-Freestanding
Flooring: Carpeting, Tile, Wood
Handicap: No
Lot: Corner, Open Lot, Wooded Lot
Lot Dimensions: 35.09 acre(s)
Outbuilding(s): Yes
Parking Notes: Detached Garage
Pool: In-Ground Pool
Sewer: Cesspool, See Remarks, Septic
Swimming Pool: Yes
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 908-310-3356
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 10,002.56 per month $6,454.14 Principal & Interest $2,702.58 Property Tax $845.83 Homeowner's InsuranceChange Payment Information
50 Drakestown Rd | MLS# 4011393
This single family home located at 50 Drakestown Rd, Mount Olive, NJ 07840 is currently listed for sale with an asking price of $2,900,000. This property was built in 1820 and has 10 bedrooms and 3 full baths with 5900 sq. ft. Search Mount Olive real estate on www.realtymark.net today.