50 Drakestown Rd, Mount Olive Twp., NJ 07840
50 Drakestown Rd, Mount Olive Twp., NJ 07840
50 Drakestown Rd, Mount Olive Twp., NJ 07840
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Lisa Baker

Lisa Baker

+1(973) 270-3038
$2,900,000
Est. payment /mo
10 Beds
3 Baths
5,900 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $491

MLS Listing ID 4011393

Style Custom Home, Victorian

Bedrooms 10

Full Baths 3

HOA Y/N No

Year Built 1820

Annual Tax Amount $32,431

Tax Year 2025

Lot Size 35.090 Acres

Property Sub-Type Single Family

Property Description

Unique Property. Victorian Mansion. 35.09 acres of improved land with an extensive array of existing structures and amenities. Due to Highlands regulations, further subdivision or redevelopment is restricted, making this ideal for a buyer seeking to rehabilitate, restore, or continue use of the existing improvements. At the heart of the property is a Victorian era residence showcasing historic craftsmanship. Home features fireplaces, hardwood flooring, stonework, current permit for 10 furnished rooms in main house. An efficiency apartment in main residence The expansive grounds include several multifamily residential buildings with rental potential, approx 24 one room cabins, and rec hall. The property features sheds, workshops & utility buildings, Additional amenities include designated trailer and RV sites with existing infrastructure, 6 established campsite pads with fire pits. Electric service throughout the grounds supporting a variety of recreational and operational uses including an inground pool with picnic area, hot tub, sun deck, volleyball & shuffleboard courts. The expansive layout and existing features provide flexibility for a variety of permitted uses, The property does require rehabilitation and is best suited for a buyer with vision who understands the value of improving and maintaining existing structures within the Highlands framework. A rare opportunity to acquire a large, improved tract with historic character.

Location

State NJ

County Morris

Rooms

Basement Unfinished

Master Bathroom Stall Shower And Tub

Master Bedroom Full Bath

Dining Room Formal Dining Room

Kitchen Eat-In Kitchen

Interior

Interior Features Beam Ceilings, High Ceilings

Heating Oil Tank Below Ground

Cooling See Remarks

Flooring Carpeting, Tile, Wood

Fireplaces Number 3

Fireplaces Type Non-Functional, Wood Stove-Freestanding

Heat Source Oil Tank Below Ground

Exterior

Exterior Feature Wood

Parking Features Detached Garage

Garage Spaces 2.0

Pool In-Ground Pool

Utilities Available See Remarks

Roof Type Rubberized, Slate

Private Pool Yes

Building

Lot Description Corner, Open Lot, Wooded Lot

Sewer Cesspool, See Remarks, Septic

Water Public Water

Architectural Style Custom Home, Victorian

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

Nearby Locations

Lisa Baker
Lisa Baker

Agent | License ID: 2186236

+1(973) 270-3038 | lisa.baker@cbrealty.com

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