5 Road A Swan Lake, NY 12783
- Land
- 501.00 lot acres
Current Use by Public Records
- Land
Property Details for 5 Road A
- Lot size
- 501.00 lot acres
- Property type
- Land
Description
This exceptional 501-acre property in Sullivan County, New York, presents a unique investment opportunity. Located in Swan Lake, near Bethel Center for the Arts and just 90 minutes from New York City, this land boasts a 385-acre lake and a 21-lot lakefront subdivision approved in 2008. Over 7250 linear feet of roads are already constructed, significantly reducing development costs. The property is zoned RD (Rural Development), allowing for diverse uses including hotels, motels, RV parks, summer camps, bed and breakfasts, and planned unit developments. All 21 lots are situated within a Federally designated Opportunity Zone, offering potential tax advantages. While potential sewer hookup is subject to town approval of a proposed sewer referendum and upgrade, the existing infrastructure significantly de-risks the project. The property is offered fee simple with APN 44.-1-2.2. Detailed financial information is available upon execution of a non-disclosure agreement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Swan Lake
- County
- Sullivan
- State
- New York
- Longitude
- -74.8507
- Latitude
- 41.7576
