Sold
Secluded Recreational Lot With Timber, Farm And Wind Income
Acreage
252 ±
County
Chautauqua
SOLD
Address VL Farrington Hollow Road, Lot#WP001 Cherry Creek, NY 14723
View on Google MapsDescription
Whitetail Properties is pleased to present this property with an exceptional trifecta of income streams and a quiet location suitable for building, hunting and recreation. With two road frontages access and opportunity is convenient. 2,883 feet of frontage on Farrington Hollow Road provides access to the 31.5 acres ag field currently in corn, and easy access to logging roads and trails navigating the hardwoods of the property. 1,554 feet of frontage on Plank Road forms the east boundary and has an access road to a gas well. This property produces an annual revenue stream from a wind turbine royalty of $15,500/yr for the next 25 years. ($387,500) The wind royalty will convey to the purchaser. This property additionally has a timber harvest history of $200,000 every ten years (average). The current owners have enjoyed two harvests over $200,000. The timber construction of mixed hardwoods also is a haven in the hills for deer. The Cherry Creek area is well known for quality deer hunting. On the east side of the property on Plank Road, there is a small 260 sqft rustic cabin that serves well for dry shelter and a rest spot as a hunting cabin. A great place to warn up on a snowy hunt. here is a parking lot pull off for vehicles on Plank road for the cabin. There are two gas wells on the property, and the GMO's convey to the purchaser. The Ag field rent can be extended at the buyers choosing. There are multiple building locations on the property if your wish and search includes a country living location. surrounded by views, timber and quiet spaces. Don't let this property pass you by. Priced well to sell, and with significant income streams this property won't last long. ADDITIONAL INFO: 3.04 miles to Cherry Creek, NY 5.6 miles to South Dayton, NY 4.8 miles to Cockaigne Ski Resort 23 miles to Chautauqua Lake 1 hour from Buffalo, NY 1 mile to Boutwell Hill State Forest Taxes $3,883 (2023) Pine Valley Schools
Summary
Activities on Property
Hunting, ATV Riding, Snowmobiling
Land Type
Hunting and Recreational, Timberland
Type of Home
Cabin
Nearby Features
Public Hunting, Camping/Campground
Minerals
Natural Gas, Gravel/Rock/Stone, Oil
Tillable/Production Areas
Tillable, Pine Trees, Softwood Trees, Hardwood Trees, Corn, Soybeans
Wild Game
Upland Game, Small Game, Big Game
Recent Property Improvements
Trail network, Internal Road Network
Improvements/Features
Small Game, Big Game, Upland Game, Predators, Trail Network, Seller's Mineral Rights Convey
Roads
Road Frontage, Road Access
Land and Farm Property Types
Land - Hunting, Timberland - Natural, Land - Recreational
Feeds
Zillow, Lands of America
Road Frontage
Township Road
Land Details
Timber, Tillable
Property Type
Farms, Recreational Land, Timberland, Hunting Land
Road Surface
Blacktop/Asphalt
Other Property Details
Coordinates
42.3186, -79.1391
Annual Taxes
$3,883
Sold Property
For more information or to see additional properties currently for sale see Paul Vaicunas's listings.