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Asking Price - $2,900,000
Days on Market - 3
50 Drakestown Road
Mount Olive , NJ 07840
Featured Agent
EveryHome Agent
Asking Price
$2,900,000
Days on Market
3
Bedrooms
10
Full Baths
3
Partial Baths
0
Acres
35.09
Interior Sqft
5,900
Age
206
Heating
Oil
Fireplaces
3
Cooling
N/A
Water
Public
Sewer
Private
Garages
2
Basement
Unfinished
Taxes (2025)
$32,431
Pool
In-Ground Pool
Parking
1 Car
Additional Details Below
EveryHome Agent
Views: 5
Featured Agent
EveryHome Realtor
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
Driving Directions
46W Right onto Drakestown Rd, Turn right into driveway.
Listing Details
Summary
Architectural Type
•Custom Home, Victorian
Garage(s)
•Detached Garage
Parking
•1 Car Width, 2 Car Width, Circular, Paver Block
Interior Features
Flooring
•Carpeting, Tile, Wood
Basement
•Unfinished, Storage Room
Fireplace(s)
•Non-Functional, Wood Stove-Freestanding
Interior Features
•Beam Ceilings, High Ceilings
Appliances
•Carbon Monoxide Detector, Dishwasher
Rooms List
•Master Bedroom: Full Bath
• Kitchen: Eat-In Kitchen
• 1st Floor Rooms: 1 Bedroom, Atrium, Dining Room, Great Room, Kitchen, Leisure, Porch
• 2nd Floor Rooms: 4 Or More Bedrooms, Bath Main
• 3rd Floor Rooms: 4 Or More Bedrooms, Bath Main
• Baths: Stall Shower And Tub
• Suite: Bedroom 1, Full Bath
Exterior Features
Roofing
•Rubberized, Slate
Lot Features
•Corner, Open Lot, Wooded Lot
Exterior Features
•Deck, Open Porch(es), Outbuilding(s), Patio, Storage Shed, Workshop, Wood
HOA/Condo Information
Community Features
•Club House, Pool-Outdoor, Storage
Miscellaneous
Lattitude : 40.85162
Longitude : -74.80313
Listed By: Jessica Craig of COLDWELL BANKER REALTY
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Notes
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The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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