$699,900
Chester, NY 12817
MLS# 202327073

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Property Description
2,200 feet of frontage along the Upper Hudson River, a wild, whitewater backcountry river, and immediate access to nearly 1,600 acres of State Forest Preserve, the Hudson River Woods & Wildwater property is the ''complete package'' of Adirondack property. With over 4,500 feet of road frontage (with electric) on Friends Lake Road, it's an ideal location for a camp, second home, or subdivision. The property is under the Fisher 480 forest tax law, which provides a handsome reduction in taxes, while being less burdensome than its 480a tax law successor. Fisher 480 carries a very low administrative burden. The only requirement is that the landowner pay a 6% severance tax on the timber stumpage yield. Only ~ 187 acres of the 337 is under 480.
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Documents
Contract Information
Status: Active
Property Sub Type: Unimproved Land
Original List Price: 840000
List Price: $699,900
Current Price: $699,900
Listing Contract Date: 2023-10-23
List Price/Acres: 2076.85
Location
Street Number: L 13.2
Street Name: Friends Lake
Street Suffix: Road
County: Warren
State/Province: NY
Postal Code: 12817
City/Town (Mail): Chestertown
Geo Lat: 43.620665
Geo Lon: -73.862445
Property Detail
Zoning: Single Residence
Main Road Frontage: 4530
Lot Size Acres: 337
Waterfront Y/N: Yes
Water Body Name: Hudson River
Status Change Info
Status Change Date: 2024-06-04
Back on Market Date: 2024-06-04
Financial Details
Full Market Assessment: 389000
Tax Assessed Value: 354000
General Taxes: 1928
General Taxes Description: Actual
School Taxes: 1366
School Taxes Description: Actual
Special Assessment Description: Fisher 480
Photos - the contractual owner of the photos
Photo Owner: Broker
Property Features
Current Use: Other
Electric: Other
Fencing: None
Financial Details: Special Assessment
Listing Terms: Cash
Lot Features: Hardwood Timber; Hilly; Level; Mineral Rights Included; Mixed Timber; Private; Road Frontage; Rock Outcropping; Rolling Slope; Secluded; Sloped; Softwood Timber; Steep Slope; Timber; Views; Wetlands; Wooded
Other Structures: None
Sewer: None
Showing Requirements: Agent to Accompany; Call Listing Agent; Showing Service; Sign on Property
Special Listing Conditions: Other
Utilities: Cable Available; Electricity Available
View: River; Water
Water Source: None
Waterfront Features: River Front
Listing Courtesy of Timberland Realty
Listing Agent: John J O'Donnell
518-538-3373 | jodonnell@timberlandrealty.net
518-538-3373 | jodonnell@timberlandrealty.net


Aerial Photo