144 Ashocon Way, Hartwick, NY 13348
This exceptional 100+ acre compound in Hartwick, NY, presents a unique investment opportunity. Priced at $1,999,999, this Class B property boasts 20,000 square feet and includes five existing chalet-style residences, each offering 4-5 bedrooms, 2-3 bathrooms, full eat-in kitchens, hardwood floors, and granite countertops. Enjoy breathtaking mountain, forest, and creek views. The property features a large pond, mature gardens, and a trout-stocked Butternut Creek, with access to numerous horse trails. Located just eight miles from Cooperstown, NY, near the Baseball Hall of Fame and Glimmerglass Festival, this property offers significant potential for expansion. With the possibility of developing 40+ additional homesites, this compound is ideal for a variety of uses, including a wellness retreat, bed and breakfast, hotel, or a private family compound. The existing residences are designed for on or off-grid living, featuring solar heating and generator backup. The property is owned by a Members LLC and consists of six units. The road leading to the property is built to highway standards, and the land itself has not been logged for over 40 years, resulting in significant mature tree growth. This is a truly remarkable opportunity to acquire a substantial and versatile property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Costs & Benchmarks
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Risks
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