50 Drakestown Rd | Mount Olive Twp.

$2,900,000 | 14 Baths (14 Half) | 0.0 Sq. Ft.

Unique commercially zoned property. 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. GSMLS 4006859

Directions to property: 46W Right onto Drakestown Rd, Turn right into driveway.

MLS Listing ID: 
GSMLS 4006859
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1820
Living Area: 
0.0
Basement: 
Storage, Unfinished
Construction
Construction Materials: 
See Remarks, Wood
Roof: 
Flat, Wood Shingle
Exterior: 
Composition Shingle
Energy Information: 
Electric, See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
14
Total Half-Bathrooms: 
14
Utilities
Information about utilities available on the property.
Heating System: 
Multi-Zone, Radiators - Hot Water, See Remarks
Heating System Fuel: 
Oil Tank Below Ground, Wood
Cooling System: 
No Cool
Water Source: 
See Remarks
Sewer: 
Cesspool, Private
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
35.09
Lot Size (Dimensions): 
35.09
Waterfront: 
0
Lot Features
Driveway: 
1 Car Width, Blacktop, Circular, Paver Block
Parking Type: 
1 Car Width, Blacktop, Circular, Paver Block
Public Record
Parcel Number: 
2327-08300-0000-00016-0000-
Lot Number: 
16
Annual Tax: 
$32,614.00
Property Zoning: 
Commercial
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
1/26/2026
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land, Equipment
Possession: 
POT
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
COLDWELL BANKER REALTY