51 SHARP ROCK RD
About This Property
Nestled in its own private valley, Willow Glen has the dramatic backdrop of the Blue Ridge Mountains centered on the imposing mass of Old Rag mountain. In the foreground pastures, ponds, streams, and wooded glens provide a more gentle view. There are miles of trails crisscrossing the woodlands and mountainside that are perfect for hiking, walking the dog, or riding your horse. The farm house is surrounded by gardens, pool, lawns and small dependencies. It is, in short, the perfect place to be removed from the world and enjoy nature's beauty in a private setting.
Offered for sale for only the second time in 200 years, Willow Glen is ready for you to put your own stamp on the property. Relax in the cozy farmhouse or gardens while enjoying the spectacular views. The farm is set up to allow for just that. But for the more hands-on buyer, it's also an ideal place to pursue agricultural dreams, as the property is an ideal candidate for vineyard, orchard, or livestock operation in a gorgeous setting. Whatever your country desires may be, Willow Glen is the perfect place to indulge them.
Built around a 1764 log cabin, the 1890s farmhouse was completely renovated and expanded in the early 21st century to include a two story great room and modern double glazed windows and energy efficient heating and cooling. The current configuration is based on a classic center hall farmhouse with a two over two configuration. The kitchen extension was renovated in 2009 to provide plentiful working space for active chefs and a spacious eat-in area. A large solar array tucked away from view is able to power the house and heat the pool. The superb energy efficiency in no way dimishes the charm that has developed in almost 300 years of habitation.
Today the residence is a very comfortable home nestled amongst a grouping of outbuildings that once served as a summer kitchen and pump house and now provide a spectacular courtyard setting and additional outdoor living space for the main house. Opposite the courtyard and attached to the great room is a large pergola which shadows a generous flagstone terrace overlooking the pool and the mountains beyond.
Willow Glen Farm is blessed with over a dozen outbuildings that create a hamlet feel around the house and garden. Foremost among these are the summer kitchen and the pump house which create a courtyard around the back of the farm house. Additional buildings a short step down from the main house are concentrated on a farmyard and kitchen garden area. The entire setting is one of immense charm and relaxed country living.
The house is surrounded by gardens and landscaped lawns. The pool is located below a small landscaped incline below the terrace. To the right and left are landscaped paths that take one to the pea gravel courtyard which forms the center of the home area and is flanked by the main house, the great room addition, and the summer kitchen and pump house. Further down from the courtyard are terraced gardens leading to a bridge over a small stream and to the Kitchen garden. The kitchen garden is a series of raised beds which are framed by a small garage, barns, an espalied trellice of fruit trees and a green house. Nearer to the rest of the barns is a small fruit orchard.
Of the 204 acres comprising Willow Glen Farm, approximately 60% is woodlands, and 40% is in open hayfields. There are views of the Blue Ridge mountains from almost every vantage point. The woodlands are mostly at the perimeter of the property and form boundaries amongst the various fields and along streambeds.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Oct 22, 2023 | In contract | - | |
| In contract | |||
| May 18, 2023 | Listed by Washington Fine Properties, LLC | $2,750,000 | |
| Listed by Washington Fine Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017