50 Drakestown Rd Mount Olive Twp., NJ 07840
Listing Courtesy of: GARDEN STATE MLS - IDX / Coldwell Banker Realty / Jessica Craig / Michele Blinn-Barreiro - Contact:  908-310-3356

  50 Drakestown Rd Mount Olive Twp., NJ 07840

Active (2 Days)
$2,900,000 (USD)
10
BED
3
BATH
5,900
SQFT

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.

MLS #:
4011393
Taxes
$32,431(2025)
Lot Size
35.09 acres
Type
Single-Family Home
Year Built
1820
Style
Custom Home, Victorian
County
Morris County

Listed By

Jessica Craig, Coldwell Banker Realty, Contact: 908-310-3356
Michele Blinn-Barreiro, Coldwell Banker Realty
Source
GARDEN STATE MLS - IDX
Last checked Feb 27 2026 at 6:59 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • High Ceilings
  • Beam Ceilings
Kitchen
  • Eat-In Kitchen
Lot Information
  • Wooded Lot
  • Corner
  • Open Lot
Property Features
  • Fireplace: Non-Functional
  • Fireplace: Wood Stove-Freestanding
  • Fireplace: 3
Heating and Cooling
  • See Remarks
Basement Information
  • Unfinished
Pool Information
  • In-Ground Pool
Flooring
  • Carpeting
  • Tile
  • Wood
Exterior Features
  • Wood
  • Roof: Rubberized
  • Roof: Slate
Utility Information
  • Utilities: Public Water, See Remarks
  • Sewer: Septic, See Remarks, Cesspool
  • Fuel: Oil Tank Below Ground
Garage
  • Detached Garage
Parking
  • 2 Car Width
  • 1 Car Width
  • Circular
  • Paver Block
Living Area
  • 5,900 sqft
Additional Information: Chester | 908-310-3356
Location
   
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