Hunting Cabin Questions

[BizCT]

@bfahy13 I found this. under an hour from NYC and 740 acres along with a house. Listing says $100M, but I think you can get it for like $92M.

https://www.trulia.com/p/ny/granite-springs/159-mahopac-ave-granite-springs-ny-10527--2009035030

[The_Real_TCIII]

16 minutes ago, Biz-R-OWorld said:

@bfahy13 I found this. under an hour from NYC and 740 acres along with a house. Listing says $100M, but I think you can get it for like $92M.

https://www.trulia.com/p/ny/granite-springs/159-mahopac-ave-granite-springs-ny-10527--2009035030

I think I could convince my wife to handle that at 5%

[hueyjazz]

I started with 25 acres and a weekender cabin with no septic or well but had electric deep in the woods.  It took me years to find this property as I had some requirements.  Wanted to be in woods and see no neighbors. Had to be no more than an hour from Rochester as I had an elderly father and a job that put me on call 24/7   We paid $59k for it which at the time I felt I slightly overpaid but it fit criteria.  Borders State land and hunting is good

Property did surround a nice log home with five acres.  When ended up buying that six years ago for $130k which was a bargain but they had to act quick and actually had issues with abstract and deed.  They were claiming a small parcel which we own and had better title to.  It pays to have an exceptional attorney in your back pocket.

Last year a five acre parcel on the dirt road near the farm lane  that goes into my property sold for $130K.  This was pre- pandemic.  This property is a single wide with crap tack onto it.  I thought they were crazy to spend that for what they got.  

Pandemic starts.  A lot of the hunting camps get occupied around my area and it isn't hunting season.  A lot of them start selling for crazy prices.  $4,000 an acre isn't uncommon.  Seems Amish around me are selling their properties.

[Robhuntandfish]

this would be paradise!  I am willing to manage it for a small income and insurance if anyone has the capitol after todays market rally......https://www.landwatch.com/lewis-county-new-york-recreational-property-for-sale/pid/338785009

[BizCT]

this would be paradise!  I am willing to manage it for a small income and insurance if anyone has the capitol after todays market rally......https://www.landwatch.com/lewis-county-new-york-recreational-property-for-sale/pid/338785009

2k acres is a ton of land. I’m surprise a group of guys or hunting club hasn’t snatched that up considering the low price.

Upon further read it seems the Gallo family is keeping the best 50 acres!


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[Robhuntandfish]

11 minutes ago, Biz-R-OWorld said:

 

2k acres is a ton of land. I’m surprise a group of guys or hunting club hasn’t snatched that up considering the low price.

Upon further read it seems the Gallo family is keeping the best 50 acres!


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You don't see tracts of land like that avail except out west.  Like you said surprised a group from Jersey or NYC hasn't grabbed it as a getaway.  But a lot of work would be involved I'm sure to get a cabin up there and electricity may not be avail.   But I have an old flame love affair with Lewis co from my younger days.  It would be right up my alley and I would prob never be seen again...

 

[BizCT]

You don't see tracts of land like that avail except out west.  Like you said surprised a group from Jersey or NYC hasn't grabbed it as a getaway.  But a lot of work would be involved I'm sure to get a cabin up there and electricity may not be avail.   But I have an old flame love affair with Lewis co from my younger days.  It would be right up my alley and I would prob never be seen again...
 

Still seems odd the family is keeping 50 acres or so. Wonder why


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[Steuben Jerry]

1 minute ago, Biz-R-OWorld said:

 

Still seems odd the family is keeping 50 acres or so. Wonder why


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Cashing in on acreage that is under utilized?

[Robhuntandfish]

41 minutes ago, Biz-R-OWorld said:

 

Still seems odd the family is keeping 50 acres or so. Wonder why


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family is prob older that used it.  Others might not be as interested 

[left field]

That is insanely cheap. And taxes are only 9200. 

It would be a bitch to build there, but the cabin is a little nicer than I thought so you're probably okay for a while. Solar would be easy. Septic and well also.