Here’s your opportunity to own an affordable country cottage in the desirable Town of Olive. This weekend or full-time home could be enhanced or renovated to reflect your style and taste; at this price you can afford to create your dream cottage in the Catskills. It’s set on +/- 1.48 acres of mixed lawn with forsythia, Rose of Sharon, wild roses and perennials plus a large portion is forested with hardwoods, pines and ancient rock outcroppings. Grassy Ridge is a small road of limited traffic just perfect for a stroll or a bike ride and close to the Ashokan Reservoir. The living room has a door to an exterior screened deck great for summer relaxing plus there’s a charming and efficient woodstove which provides heat and ambiance for those cold winter nights. The kitchen has original metal cabinetry which is still functional and adds a retro vibe! There’s also a detached garage for storing your bikes, garden equipment or create a special space for crafting, a ping pong table or a hang out area! The Wishing Well is not just for decoration, it actually contains water from a natural spring! The Cottage is set with nice separation between the neighbors on both sides and nothing in your view in front of or behind it. There are lots of possibilities here, let your imagination guide you…your Catskill Mountain dream awaits!
Single-familyProperty Type
1955Year Built
1.45 acresLot Size
$438Est. Price/Sq.Ft.
1 car garageParking
Listing by Edwin Maldonado• Howard Hanna Rand Realty
Bought with Robin Elliott• Coldwell Banker Village GreenK
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Earn from this home
Sell
$179,684
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$1,768/mo
Redfin rental estimate
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Market trends in 12461, NY
Last updated October 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-list price
94.2%
2.6% MoM
Median sale price
$548K
$14K MoM
Avg. days on market
77d
0 days MoM
Recently sold homes
10
0 MoM
Provided by Redfin
Sale history for 72 Grassy Rdg
Date
Event
Price
HVCRMLS #20212204
Feb 24, 2022
Sold
$169,000
$229/sq ft
Jan 11, 2022
Pending
—
Nov 4, 2021
Pending
—
Jun 11, 2021
Listed
$169,000
$229/sq ft
Public Records
Aug 5, 2002
Sold
$97,000
$131/sq ft
Public Records
Aug 5, 1997
Sold
$38,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,876 (+7.3%)
$47,500 + $185,300
$232,800
2024
$2,680 (+3.9%)
$47,500 + $128,900
$176,400
2023
$2,578 (−4.5%)
$47,500 + $128,900
$176,400
2022
$2,700 (+4.3%)
$47,500 + $128,900
$176,400
2021
$2,589 (+1.7%)
$43,200 + $96,800
$140,000
2020
$2,546 (−1.4%)
$43,200 + $87,900
$131,100
2019
$2,583
$43,200 + $87,900
$131,100
2018
$2,586 (+0.9%)
$43,200 + $87,900
$131,100
2017
$2,562 (+0.4%)
$43,200 + $87,900
$131,100
2016
$2,552
$43,200 + $87,900
$131,100
2015
$2,554 (+0.6%)
$43,200 + $87,900
$131,100
2014
$2,539
$43,200 + $87,900
$131,100
Tax history for 72 Grassy Rdg
Year
Property tax
Land + Additions
Assessment*
2025
$2,876 (+7.3%)
$47,500 + $185,300
$232,800
2024
$2,680 (+3.9%)
$47,500 + $128,900
$176,400
2023
$2,578 (−4.5%)
$47,500 + $128,900
$176,400
2022
$2,700 (+4.3%)
$47,500 + $128,900
$176,400
2021
$2,589 (+1.7%)
$43,200 + $96,800
$140,000
2020
$2,546 (−1.4%)
$43,200 + $87,900
$131,100
2019
$2,583
$43,200 + $87,900
$131,100
2018
$2,586 (+0.9%)
$43,200 + $87,900
$131,100
2017
$2,562 (+0.4%)
$43,200 + $87,900
$131,100
2016
$2,552
$43,200 + $87,900
$131,100
2015
$2,554 (+0.6%)
$43,200 + $87,900
$131,100
2014
$2,539
$43,200 + $87,900
$131,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
100 ft.
Lot depth
363 ft.
Lot size
0.83 Acres
Year renovated
—
Sq. Ft.
738
Year built
1955
Style
Single Family Residential
County
Ulster County
APN
514000A05300400020080000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 21, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Parking Features: Driveway, Off Street
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Heating
Heating: Baseboard, Electric
Interior Features
Interior Features: High Speed Internet
Appliances: Electric Water Heater, Range, Refrigerator, Water Heater
Flooring: Carpet, Vinyl
Has Fireplace
Fireplace Features: Dining Room, Free Standing
Room Information
Basement Details: Crawl Space, None
Exterior
Exterior Features
Exterior Features: Garden
Patio And Porch Features: Deck
Door Features: Sliding Doors
Roof: Asphalt, Shingle
Building Information
Sq. Ft.: 738.0
Construction Materials: Frame
Property Features
Other Structures: Shed(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Features: Sloped, Garden, Gentle Sloping, Level
Road Surface Type: Asphalt
Lot Size : 1.45
Lot Size Dimensions: +/- 1.45
Lot Size Area: 1.45
Lot Size Units: Acres
Lot Size Acres: 1.45
Zoning: RR3
Financial
Tax Information
Tax Annual Amount: $2,694
Utilities
Utility Information
Water Source: Private, Well
Electric: 100 Amp Service, Circuit Breakers
Sewer: Septic Tank
Location
Location Information
Directions: From Kingston: Rt.28W 12.2 mi to Left onto Reservoir Rd (in Shokan). Left onto 28A for 3.4 mi.. Left onto Cty Rd.3 (Samsonville-Kerhonkson Rd) for 1.4 mi.. Left onto Sheldon Hill Rd for 0.6 mi.. Left onto Grassy Ridge Rd. 0.4 mi. to property on Right.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 738
Stories: 1.0
Lot Size: 0.83 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Ulster County
APN: 514000A05300400020080000000
Home facts updated by county records on Oct 21, 2026
Around this home
Schools
K - 12
Preschool & daycare
We couldn't find any schools that service this home or are within 5 miles of this home.
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Olivebridge, NY • 12461
Average low and high temperatures (°F)
31°
17°
35°
19°
51°
31°
60°
40°
67°
50°
79°
60°
83°
65°
78°
59°
74°
55°
61°
44°
50°
35°
35°
22°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$308,000 – $372,000
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