55 Steges Rd & Rte Eldred, NY 12732

This exceptional 836-acre property, situated in Eldred, New York within Sullivan County, presents a unique investment opportunity. The land encompasses a 1.25-mile-long lake known as Sidwell Lake, offering stunning waterfront potential. Its strategic location borders the Eldred Preserve, a renowned fine dining and wedding venue, enhancing its appeal and potential synergy. The property is conveniently located less than 10 miles from the Upper Delaware Scenic River Recreational area, providing access to abundant outdoor activities. The surrounding area boasts numerous lakes and state parks, further enriching its recreational value. Priced at $5,500,000, this expansive parcel is zoned R-2, allowing for a wide range of commercial and residential uses. Permitted uses include bed and breakfasts, hotels/motels, restaurants, breweries, short-term rentals, solar farms, golf courses, campgrounds, single and two-family homes, and commercial logging. This versatile land offers significant development potential, capitalizing on its prime location, natural beauty, and diverse zoning allowances. The property is vacant and ready for immediate development. The address is Steges Road & Route 55, Eldred, NY 12732.