Secluded Recreational Lot With Timber, Farm And Wind Income
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Summary
Property
- Type
- Farms, Recreational Land, Timberland, Hunting Land
- Road Frontage
- Township Road
- Road Surface
- Blacktop/Asphalt
Land Details
- Timber
- Tillable
Approximate Distances
3 mi | to Cherry Creek |
5.6 mi | to South Dayton |
4.8 mi | to Cockaigne Ski Resort |
Utilities
Electric: | Onsite |
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Predators
- Trail Network
- Seller's Mineral Rights Convey
Description
Whitetail Properties is pleased to present this property with an exceptional trifecta of income streams and a quiet location suitable for building, hunting and recreation. With two road frontages access and opportunity is convenient. 2,883 feet of frontage on Farrington Hollow Road provides access to the 31.5 acres ag field currently in corn, and easy access to logging roads and trails navigating the hardwoods of the property. 1,554 feet of frontage on Plank Road forms the east boundary and has an access road to a gas well. This property produces an annual revenue stream from a wind turbine royalty of $15,500/yr for the next 25 years. ($387,500) The wind royalty will convey to the purchaser. This property additionally has a timber harvest history of $200,000 every ten years (average). The current owners have enjoyed two harvests over $200,000. The timber construction of mixed hardwoods also is a haven in the hills for deer. The Cherry Creek area is well known for quality deer hunting. On the east side of the property on Plank Road, there is a small 260 sqft rustic cabin that serves well for dry shelter and a rest spot as a hunting cabin. A great place to warn up on a snowy hunt. here is a parking lot pull off for vehicles on Plank road for the cabin. There are two gas wells on the property, and the GMO's convey to the purchaser. The Ag field rent can be extended at the buyers choosing. There are multiple building locations on the property if your wish and search includes a country living location. surrounded by views, timber and quiet spaces. Don't let this property pass you by. Priced well to sell, and with significant income streams this property won't last long. ADDITIONAL INFO: 3.04 miles to Cherry Creek, NY 5.6 miles to South Dayton, NY 4.8 miles to Cockaigne Ski Resort 23 miles to Chautauqua Lake 1 hour from Buffalo, NY 1 mile to Boutwell Hill State Forest Taxes $3,883 (2023) Pine Valley Schools
Other
Coordinates
42.3186, -79.1391
Annual Taxes
$3,883
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the Broker and Whitetail Properties Real Estate, LLC.