benny.estate
For SaleMLS # R168789645 days on market

515 Acorn Hill Road

Olive, NY 12461 · Ulster County

Price

$159,888

Bed / Bath

0 bd

Interior

1,536 sqft

Lot

2.04 ac

Built

1974

↓ Reduced from $169,888

About this home

OLIVEBRIDGE, NY 12461 ULSTER COUNTY...Rare Turn-Key Development Opportunity in the Heart of the Catskills – Olive, NY GREAT FOR BUILDERS, DEVELOPERS & SAVVY INVESTORS!!!!! • Addresses: 515 & 517 Acorn Hill Rd, Olive, NY 12461. This prime offering features 2.04 acres of beautiful, usable land in a highly desirable residential area of the Catskills….. There are two uninhabitable mobile homes on these lots—they would need to be fully renovated or removed. Located in the highly desirable Onteora Central School District....THE PROPERTY IS GRANDFATHERED UNDER LOCAL ZONING, ALLOWING YOU TO BUILD 4 NEW HOMES. EXISTING INFRASTRUCTURE ALREADY IN PLACE AND FULLY PERMITTED — SAVING YOU $100,000–$150,000+ IN DEVELOPMENT COSTS: • EXISTING CERTIFICATES OF OCCUPANCY (C/OS) FOR ALL CURRENT IMPROVEMENTS--- • DEEP WATER WELL — ALREADY CERTIFIED FOR DRINKING WATER--- • ELECTRIC SERVICE ON THE PROPERTY WITH TWO SEPARATE ACCOUNTS / ELECTRICAL BOXES--- • 2 SEPARATE, WORKING SEPTIC SYSTEMS--- • EXISTING TWO-CAR GARAGE SHED--- • LEVEL, EASY-ACCESS DRIVEWAYS ALREADY INSTALLED AND IN EXCELLENT CONDITION---- • Located on a quiet residential road with straightforward, level access--- This is not bare land. All permits and current C/O’s are in place, making this a true ready-made developer opportunity…. Additional Highlights: • Combined land size and taxes for both lots--- • Located in the highly desirable Onteora Central School District--- • Surrounded by luxury new construction — $1.5 million+ homes are being built across the street and on the same block (see photos of the new builds and the serene, wooded land)… Imagine the possibilities: subdivide and build high-end homes in one of the fastest-appreciating areas of the Hudson Valley, with easy access to Olivebridge, Shokan, the Ashokan Reservoir, hiking trails, Woodstock, and just under 2 hours to NYC…. This is a rare chance to acquire shovel-ready land with major infrastructure already paid for and permitted.

Interior features

  • Other
  • See Remarks

Exterior features

  • See Remarks

Appliances

  • See Remarks
  • Water Heater

Mechanical

Heating

Other, See Remarks

Cooling

Other, See Remarks

Schools

District

Onteora

Middle

Onteora Middle

High School

Onteora High

Tax & finance

Annual taxes

$902

Financing

Cash

Location

Olive, NY 12461 · Ulster County

MLS Attribution

Listing courtesy of Lombardo Homes & Estates. Listing agent: Joseph V. Lombardo. Data last updated 7/19/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.