48 Drake Way Mount Olive, NJ $ 800,000
48 Drake Way
$ 800,000
Recently Listed Adult Community
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48 Drake Way

Mount Olive, NJ, 07836
$ 800,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 4,991

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Single Family Home for sale in Mount Olive, NJ

for $800,000 with 2 bedrooms and 2 full baths. This home was built in 2020.

Step into luxury in this meticulously enhanced ranch residence located in the prestigious Regency at Flanders, a Toll Brothers 55+ community offering an unmatched lifestyle. Built in 2020, this 2-bedroom, 2-bath home with a dedicated office/den offers 1,827 sq ft of refined living space. Rich hardwood floors lead into a stunning open floor plan featuring soaring two-story ceilings, elegant tray details, and a chef's kitchen with granite countertops, an oversized island, and stainless steel JennAir appliances including a double oven and 6-burner gas range. The primary suite is a true retreat with a custom fretwork accent wall, upgraded Closets by Design, smart recessed lighting, and a spa-inspired bath with a custom double-sink vanity and quartz countertops. Additional upgrades include wainscoting in the entry and dining room, custom window shades, and one of the community's few finished attic lofts, ideal for storage or a creative workspace. Backyard outdoor living excels with a redesigned paver patio featuring a gas fire pit, stubbed gas line for your grill and automatic awning. The front of the home features permanent Govee accent lighting, landscape lighting, and a rebuilt front walkway. Premium features include a whole-house generator and MyQ smart garage camera system. Residents enjoy an exclusive clubhouse with a fitness center, heated outdoor pool, tennis, pickleball and bocce courts all with a scenic pond creating a truly exceptional lifestyle.

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Single Family Active

Price

$ 800,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 14,443

Style

Ranch

Year Built

2020

Town/City

Mount Olive

County/Region

Morris

MLS | Web ID

4000648

Features
Interior
Interior Amenities Carbon Monoxide Detector High Ceilings Security System Smoke Detector Walk-In Closet Window Treatments
Basement Slab
Flooring Tile Wood
Total Fireplaces 0
Other Room 1 Level Second
Kitchen Level First
Living Room Level First
Dining Room Level First
Den Level First
In-Law Suite No
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 2
Kitchen Dimensions 10x27
Kitchen Features Center Island
Den Dimensions 10x10
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General
Sewer Public Sewer
Heating 1 Unit Forced Hot Air
Cooling 1 Unit Central Air
Utilities Gas-Natural
Possession NEGOTIABLE
Roof Asphalt Shingle
Appliances Carbon Monoxide Detector Dishwasher Generator-Built-In Jennaire Type Range/Oven-Gas Refrigerator
HOA Fee 300
Garage Spaces 1
Association Fee Includes Maintenance-Common Area Snow Removal Trash Collection
Architectural Style Ranch
Pool Features Association Pool
Exclusions Dining Room Chandelier
Pets Allowed Cats OK Dogs OK
Year Built 2020
Garage Attached Garage
Township Mount Olive Twp.
Tax Year 2024
Ownership Fee Simple
Accessibility No
Assoc Fee Paid Per Monthly
County Morris
Association Amenities Club House Exercise Room Jogging/Biking Path Pool-Outdoor Tennis Courts
Subdivision Name Regency At Flanders
Total Rooms 6
Full Baths 2
Status Active
Directions Pleasant Hill Road to Marveland Blvd - left onto Drake Way to #48
Open Parking Spaces 2
Tax Annual Amount 14443
Home Warranty Y/N No
Drive 2 Car Width
Standard Status Active
Tax Assessed Value 426700
Town # 2327
Tax Lot 5.025
Primary Style Ranch
Sub Property Type Single Family
Community Living Yes
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Exterior
Exterior Amenities Barbeque Patio Tennis Courts
Pool Yes
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 0
Lot Size Acres 0.00
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* Excluded Features
List By
KELLENE ADDISON

Listing Agent

Addison Real Estate

Broker

addisonrealtor@gmail.com

Email

Affordability Calculator

$6,195
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,991
Monthly Property Taxes
$1,204
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$800,000 Listed Price

Map


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48 Drake Way, Mount Olive, NJ, 07836 is a Single Family Home for sale at $800,000. 48 Drake Way has 2 bedrooms, 2.0 baths, and was built in 2020. The property's zip code is 07836 which is in Mount Olive, NJ