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$2,450,000

Beds
4
Baths
3.5
sq ft
4,020

11 Danberry Dr, Ringoes, NJ 08551

11 Danberry Dr

RINGOES, NJ 08551

  • 74 days on market
Venture into a realm of elegance and grandeur at Chestnut Hill Farm, an exquisite colonial estate nestled amidst the rustic allure of Hunterdon County. Enveloped by 300+ protected acres of prestigious farmland, this property offers mature surroundings, exceptional equestrian amenities, and unparalleled improvements. Whether you seek privacy, have a passion for horses, or are searching for the perfect sanctuary outside the city, this property offers it all. Turn down the long & fully private drive, and behold the invigorating atmosphere that radiates beauty from every vantage point. This turn-key address ensures visual delight, as well as operational efficiency. The pristine, 25+ acres parcel is inclusive of an iconic 5-stall horse barn built by B&D builder, a detached garage studio with a loft and heated workshop, 2 solar panel arrays, entry way to the Amwell Valley Trail System which offers direct access to 30+ miles of trails for biking, hiking, horseback riding, and cross-country skiing. Begin through the main residence’s foyer, and allow the open-concept floor plan to be your guide with picturesque views of the in-ground pool & pastures. There is a regal living room, a private office suite, a grand dining room, and a majestic family room featuring a fireplace and built-ins. The gourmet, eat-in kitchen with top of the line stainless steel appliances, custom cabinetry, granite counter tops, center island, and an additional fireplace create the perfect ambiance for all of your culinary desires. Entertain with ease on the expansive covered porch, featuring fairytale-esc long distance views of the rolling meadows.  Upstairs, a spacious sunlit landing welcomes you to the private living quarters. The primary bedroom suite features a bright bedroom, an exquisite ensuite bathroom, two walk-in closets, a separate sitting room with a fireplace, and a second set of stairs leading down for easy access to the kitchen and porch. Completing this level are three more sophisticated bedrooms. Below, discover 1,200 sqft of finished walk-out basement space, complete with a bar, fireplace and ample space for both leisure activities and storage.  If you've been looking for a property with equestrian accommodations as well as modern updates then you have met your match at Chestnut Hill Farm.  Conveniently located only 80 minutes from NYC, this sensational estate is not only a rare find, but one which combines elegance & functionality with natural beauty.  Do not merely dream a dream...buy one! After all, home is where the horse is.

Details

Property type

Single Family Residence

Lot size

25.64 acres

Price per sq ft

$610

Year built

2002

Annual property taxes

$23,572

HOA

No

Price History

11/08/2024
Bright

Bright #NJHT2003234

Listed
$2,450,000
10/02/2024
Bright

Bright #NJHT2003234

Pending
$2,450,000
09/06/2024
Bright

Bright #NJHT2003234

Listed
$2,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

EAST AMWELL TOWNSHIP PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,131,854
Asking price
$2,450,000
Closing costs (~8% of asking)
-$196,000
Est. remaining loan balance
-$1,122,146
Cash to seller
$1,131,854

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quontic Bank Fsb

Loan start date

September 2021

Original loan amount

$1,207,500

Est. remaining balance

$1,122,146

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Fatih Akol

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 5:40 AM

Listing updated: 11/09/2024 at 1:49 AM

Listed by: Revi M Haviv, Addison Wolfe Real Estate Phone #: (215) 862-5500

MLS: Bright #NJHT2003234

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