Former Mount Storm Ski area - 88 acres with stunning views & rich history. Once the site of the iconic Mount Storm Ski area. Total of 5 parcels spanning 88 acres offering 180 degree panoramic views from the mountaintop where you can see for miles. The property features a main building the includes three, 3bedroom apartments, studio office and basement. The basement holds a nostalgic piece of history with original skis, boots & poles from the 1980s hanging on the walls. In addition the main building site includes an open pole barn providing ample storage space. Located in an agricultural district with farm use zoning & residential zoning for potential subdivision & future home sites. This property offers a rare opportunity to own a piece of history while also providing endless possibilities for development. (Also includes 2nd entrance at 3412 Route 52, see multi-family listing)
3384 Route 52, Stormville, NY, 12582
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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