281 Dewitt Rd Olivebridge, NY 12461
Olive NeighborhoodEstimated payment $4,438/month
Highlights
- River Front
- Waterfall on Lot
- Private Lot
- Woodstock Elementary School Rated A-
- 8.18 Acre Lot
- Wooded Lot
About This Lot
ONE OF THE MOST SPECTACULAR WATERFALLS IN ULSTER COUNTY is front and center on this extremely rare and unusual land offering. The visual beauty of the waterfall, stream, cliffs and land is unparalleled. Calming audio of the waterfall and rushing Mettacahonts stream is 24/7 and year-round. Pulling into the circular driveway you are greeted by a master stone worker's hand-built raised garden bed, showcasing gorgeous trees, flowering plants and shrubs. The two-story structure has an amazing office space on the second level featuring a large skylight and windows looking down onto the waterfall, cliffs and steam. The first floor can be utilized as a workroom, shed or potter's studio. A sweet old school summer sleeping quarters cottage circa 1930's is nestled in the woods and can be possibly turned into additional guest quarters / art studio. Paths to various points of interest on the land including a ladder allowing access to swim in the large pool of water at the base of the waterfall. Mossy glens are laced in and around the pines, hemlocks, and deciduous trees. A massive stone cliff is the backdrop behind the stream showcasing ferns, dogwood trees and various lush greenery. Dewitt is a very tranquil road with scant car traffic. Points of nearby interest: The Ashokan Reservoir is minutes away to enjoy the promenade. Access to all the wonderful destination places in the Accord/Kerhonkson area: Arrowood and Rough Cut Breweries, Ravenwood, West Wind Orchard, Mill and Main, The Flying Goose, and Inness Resort. Minnewaska State Park is only 15 minutes away... and Mohonk Preserve is just beyond it towards New Paltz. If you have ever dreamt of having your own personal waterfall... this property could be a dream come true with an opportunity to build your very own Falling Water 2. Note: Zillow states the property is in a flood plain rather incorrectly... the stream is at the base of a steep cliff and a home would be out of harms way if built at the upper elevation. 1000-gallon propane tank 1/2 full comes with the sale. The Town of Rochester relayed that a home can be built on pre-existing home site creek-side but the buyer/builder must first apply for a special use permit to be approved by the planning board.
Listing Agent
Coldwell Banker Village GreenN License #10401272626 Listed on: 05/08/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,890
Lot Details
- 8.18 Acre Lot
- River Front
- Property fronts a county road
- Rock Outcropping
- Private Lot
- Wooded Lot
- Property is zoned R2
Property Views
- Water Views
Outdoor Features
- Waterfall on Lot
- Separate Outdoor Workshop
- Shed
- Outbuilding
Utilities
- Well
- Engineered Septic
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / 2
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,859 | $150,700 | $62,500 | $88,200 |
| 2023 | $3,826 | $150,700 | $62,500 | $88,200 |
| 2022 | $7,641 | $150,700 | $62,500 | $88,200 |
| 2021 | $7,641 | $329,000 | $62,500 | $266,500 |
| 2020 | $7,282 | $329,000 | $62,500 | $266,500 |
| 2019 | $6,793 | $307,500 | $62,500 | $245,000 |
| 2018 | $3,678 | $285,000 | $61,600 | $223,400 |
| 2017 | $2,912 | $285,000 | $61,600 | $223,400 |
| 2016 | $6,724 | $285,000 | $61,600 | $223,400 |
| 2015 | -- | $285,000 | $61,600 | $223,400 |
| 2014 | -- | $285,000 | $61,600 | $223,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $779,000 | -5.6% | -- |
| 05/08/2025 05/08/25 | For Sale | $825,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $165,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Credit Line Revolving | |
| Closed | $250,000 | Credit Line Revolving |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20251258
APN: 4400-060.001-0002-004.000-0000
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