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VL Farrington Hollow Rd Cherry Creek, NY 14723
- Single Family Home / Resale (MLS)
Property Details for VL Farrington Hollow Rd, Cherry Creek, NY 14723
Facts
- Property ID: 873292983
- MLS Number: 11211276
- Property Type: Single Family Home
- County: CHAUTAUQUA
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. We are 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
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Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.