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167-169 Baker Road
West Hurley, NY 12491
Richard Vizzini with Corcoran Country Living, original listing - (845) 684-0304
$3,675,000
Conventional
Property
Bedroom
8
Bathroom
Full: 5, ½: 1
Property Type
Conventional
Square ft
5946 Square Feet
Property Description
Introducing Baker Manor - a property rich in history set atop a hill with awe-inspiring views of the Ashokan Reservoir and Catskill Mountains. Built in 1918, this residence was thoughtfully sited, designed, and constructed by J. Waldo Smith, the chief engineer of the Ashokan Reservoir project. Smith used local Rosendale cement blocks for the main and carriage houses, the same material employed in building the Olivebridge Dam, designed to endure the passage of time. The cement was shaped using three distinct molds, which were then integrated into the beautifully patterned walls of the home's exterior. Notably, the property was previously home to esteemed actor Chevy Chase. Situated on 12.46 picturesque acres allowing unparalleled privacy and space for exploration amongst your own grounds. The main house boasts 3,500 sqft with 5 beds and 3 baths, the carriage house is a fabulous addition featuring 3 beds and 2.5 baths; both offering a harmonious blend of classic elegance and modern amenities. The Neo-Classic Stone Mansions original details have been lovingly maintained. The grand façade, with its stately columns and expansive porch, invites visitors to marvel at its timeless beauty. Inside, the high ceilings and expansive rooms boast pristine original red oak moldings and hardwood floors that speak to an era of craftsmanship and elegance. The formal living room serves as an ideal space for relaxation or hosting gatherings, adorned with a red brick fireplace that adds a charming focal point. Large windows allow natural light to flood in, enhancing the room's airy feel. French doors lead to the stone patio, where you're beckoned by the majestic views. The sunlit kitchen, featuring a farmhouse sink, stainless steel appliances, large island and ample cabinetry, is a chef's dream. It seamlessly connects to the formal dining room, showcasing authentic pocket doors that lead into the living room. Ascend up the grand staircase to the primary suite which serves as its own retreat within the home. Drenched in sunlight with a massive ensuite bath, the vintage clawfoot tub serves as the centerpiece surrounded by the beautiful vantage points. Each of the four generously sized bedrooms exudes its own distinctive charm and comfort, beautifully enhancing the original features from the 1900s. Ascend to the third floor cupola with windows in all directions providing a breathtaking birds eye view of the reservoir and mountains. The grounds are equally as beautiful, offering a serene escape, inviting guests to stroll and reflect on the history that permeates every corner of this exquisite residence. Immerse yourself in the inground saltwater pool, perfectly sited to appreciate both the stunning natural scenery and the stately manor. The carriage house adds an extra layer of versatility to the property. Whether used as a guest house or rental opportunity, its charming design and thoughtful layout make it a valuable asset. Many of the original features have been preserved, while thoughtful updates have been made to offer contemporary conveniences. Unwind in the cozy living room by the warm glow of the brick fireplace. Adjacent to the dining area with french doors leading out to a whimsical deck, ideal for enjoying your morning coffee. The charming kitchen features a stunning retro stove, stainless steel appliances, coffee bar and pantry. Three well appointed bedrooms are situated on the main floor, each serving as their own sanctuary. Ascend upstairs to the large great room, perfect for a yoga or art studio. The outdoor space, with its serene patios, hot tub, and expansive landscape invites you to enjoy the tranquility of nature. Situated in an ideal location, just two hours from NYC, and a short distance from everything the Catskills have to offer including fabulous dining options, hiking, skiing, cultural activities and much more.
Property Information
Lot Size
12 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1918
MLS Number
--
Location
Address
167-169 Baker Road
City
West Hurley
State
NY
Zip Code
12491
County
ULSTER
Listing
Provider
Corcoran Country Living, original listing
Name
Phone
(845) 389-7879
Office Name
Office Phone
(845) 684-0304
Agent Name
Richard Vizzini
Agency Phone
(845) 684-0304

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.