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PANORAMIC MOUNTAIN VIEWS (WITH CLEARING) Just two hours from the GWB (NYC) and only ten minutes to Windham Mountain sits this 69-acre mountainside haven, ideal for a buyer that wants to build a retreat/family compound in a completely private and secluded setting where the only sounds you'll hear are those made by nature while having easy access to skiing, hiking, and year-round outdoor recreation.
The land is mix of rolling hills and valleys that weave through a healthy forest of deciduous and evergreen trees with various potential building sites. With some clearing, a number of these sites will have panoramic mountain views. The land is rich with character, featuring historic rock walls, slopes that descend to a meandering seasonal stream on various parcels and with many parcels perched above low-lying areas adding depth, beauty, and interest to the landscape. The natural topography also makes it well-suited for creating scenic and challenging hiking trails.
Unlike many vacant parcels, this property has a fully engineered site plan with BOH approved parcels that can be repurposed for building a single family home or family compound saving buyers tens of thousands in diligence expenses.
Although currently a 9-lot subdivision, the seller can have the lot lines redrawn to form a single taxable parcel.
DEVELOPERS: This is a rare opportunity to purchase an approved 9-lot subdivision just ten minutes to Windham Mountain. The lot sizes range from 5 to 13 acres. Various lots have potential mountain views with clearing.
Just 10 minutes from Windham and 25 minutes from Hunter, Tannersville, and Catskill.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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$699,000
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,308 | $3,443 | $4,532 |
| Total Monthly Payment | $3,400 | $3,535 | $4,624 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.