0 State Hwy 28, Margaretville, NY 12455

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Property Description

This parcel, just three miles from the exciting Village of Margaretville, offers almost exactly a half-mile of prime frontage along busy Route 28, the main state highway into the western Catskills. Route 28 is part of the Catskill Scenic Byway.This is a prime location for a hotel - indeed, for many years it was the site of the Locust Grove Hotel, a popular summer vacation destination. Today, the Catskills are more popular than ever, and a hotel would perfectly serve the areas growing demand for tourist accommodations. The property is just eight miles from Belleayre Mountain in Highmount and 12 miles from Plattekill Mountain in Roxbury.Tiny homes would be another great use for the parcel. Or perhaps a savvy buyer would want to establish a residence and keep the surrounding acreage undeveloped. The options are many.One thing that will always be present, no matter what the use, is the gorgeous long view of the Dry Brook Valley.As a bonus, there is excellent cell service accessible throughout the site.This is a prime piece of property, competitively priced, and is a true opportunity for a discerning purchaser.This property has unlimited potential. With its southern exposure, its a great spot to be environmentally friendly, while boosting your investment, utilizing a portion of the parcel for a solar farm.Whether you choose to live here, or work here, its key to remember that land is always a good investment. Theyre Not Making It Anymore.

0 State Hwy 28 | MLS# 137383

This land located at 0 State Hwy 28, Margaretville, NY 12455 is currently listed for sale by Coldwell Banker Timberland Properties, with an asking price of $499,000. The property has approximately 61.00 Acres. State Hwy 28 is located within the Margaretville school district. Search Margaretville real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Land - Commercial
Lot Size: 61.00 Acres
Taxes: $199,998

Feature Descriptions

Days on Site: 23
Electric Features: NYSEG
Land use: Residential or commercial
Lot: Partially Cleared, Stream
School Tax: $99999.00
Sewer: None
Special View Info: Hill/Mountain View
Town/County Tax: $99999.00
Water: None

Local Schools

School District: Margaretville

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Estimated Payment

$ 18,906.51 per month $2,094.46 Principal & Interest $16,666.50 Property Tax $145.54 Homeowner's Insurance

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Demographics

Listed By / Shown By

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Listing By

Agency Name: Coldwell Banker Timberland Properties
Agent Name: Susan B. Doig
Agency Phone: (845) 706-4311 Cell

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