Property summary
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.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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