ULSTER COUNTY 242 +/- ACRE INVESTMENT OPPORTUNITY

H 1940 NY:  Tremendous real estate opportunity only 1 1/2 hours from the George Washington Bridge.  242 +/- wildlife dense acres are exceptionally gentle to flat, 75% wooded with excellent sporting and development potential.  Zoning allows for one acre minimum residential building lots, there is a nice year round stream, large road frontage on 2 sides, a pretty 6 acre meadow, and grounds are situated 1/2 hour from the new Bethel Performing Arts Center and Racino.  Within this unique property there is large naturally occurring Cranberry pond which with aid of a canoe leads out into adjacent Sprawling Cranberry Lake and massive state of New York Forest Preserve.  38 +/- acres of the grounds scattered along the perimeter are delineated as protected wetlands and front much larger wetlands of the New York State Protected Forest Preserve.  Potential may exist for some wetland mitigation banking after ones own diligent research.  Overall grounds are lightly wooded, very beautiful, and would make an ideal estate building site, or perhaps several substantial sites.  Utilizing the 204 +/- non-protected acres for several to numerous home sites and perhaps putting the balance to best use as "forever wild" common ground in a tremendous green development, all would reap great benefit from the surrounding natural ecology.  Currently this unique and memorable property is utilized as a corporate private wildlife retreat and bird watching sanctuary.  No gas lease encumbers this property.

 
$750,000

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