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Listed by Sam Caldwell • Fountains Land

$ 2,868,000

Est. payment -/mo

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Active

L1 Peakville Road Hancock, NY 13783

1,184 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202610150

HOA Y/N No

Annual Tax Amount $28,020

Lot Size 1184.000 Acres

Acres 1184.0

Property Sub-Type Mixed Use

Source Global MLS

Property Description

The Beaverkill Forest represents a unique multifaceted investment opportunity with an outstanding timber asset, over a mile of frontage along the iconic Beaverkill River, well-established internal access, and the potential for large-scale residential development. The estimated standing timber value is $1,685,300, offering strong appreciation and potential short-term timber sale income, however the property sets itself apart by additionally offering exceptional development, recreational and conservation benefits. The property has been very well managed with a scenic forest and expansive views of the river valley and the Catskills. The town of Hancock, where the East and West Branches of the Delaware River converge to form the main stem of the Delaware, is located approximately 13 miles to the west, while the village of Roscoe is situated about 16 miles east. The property has two points of access, including approximately 1,600 feet of frontage along Burnwood Road, where an existing driveway leads to a large clearing. The northern part of the property is most easily accessed from Peakville Road, where, as part of the property's holdings, there is an approximately 20-acre strip of land along the Beaverkill River leading past neighboring properties. The property has over a mile of frontage along the Beaverkill River, as well as being the headwaters of several year-round creeks. The timber resource has been exceptionally well managed, offers excellent long-term appreciation potential, short-term liquidation options, and provides attractive aesthetic appeal to the land. The species composition is dominated by hardwoods at 88%, with softwoods at 12%. This hardwood dominated timber resource offers a high level of future asset appreciation. Sawlog value is held by sugar maple (47%), black cherry (17%), white ash (16%) and red maple (12%) comprising a total of 92% with the small balance held by hemlock and miscellaneous species.

Location

State NY

County Delaware

Direction From exit 90 of NY Route 17 go south on Old Route 17 for 500 feet then left onto Bridge Street and cross the river. Take a left onto Peakville Road and continue for 2.1 miles where the property boundary starts at the gate.

Body of Water Roaring Brook

Exterior

Utilities Available Electricity Available

Waterfront Description River Front

Building

Lot Description Road Frontage, Mountain(s), Private, Secluded, Timber, Views, Wooded, Hardwood Timber

Sewer None

Water None

Schools

School District Hancock

Others

Tax ID 123689 434.-1-1

Acceptable Financing Assumable

Listing Terms Assumable

Special Listing Condition Standard

Chrissy Hennessy

Agent | License ID: 40HE1102041

+1(518) 257-0233

L1 Peakville Road Hancock, NY 13783

Key Details

Location

Exterior

Building

Schools

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L1 Peakville Road