CENTURY 21 Chesser Realty
607-432-7653
416 Chestnut Street
Oneonta, NY 13820

State Highway 28, Margaretville, NY 12406 - MLS# 110847

$425,000

This unique parcel offers some of the most outstanding commercial possibilities in the Catskill Region - highlighted by prime Route 28, Arkville, NY road frontage. For many years, this property was the setting for the Locust Grove Guest House, a popular summer vacation retreat for metropolitan residents. The former hotel was situated adjacent to Route 28 and that portion of the acreage still offers a convenient place for development. However, just a short distance away is an elevated building site that offers even greater potential, with stunning views of the Dry Brook Valley.The easternmost portion of the land could easily be configured for additional lodging or commercial endeavors. The property's uppermost section also offers great views and is a prime location for cabins or similar structures. This very special parcel is being offered for sale for the first time in more than 60 years and awaits someone with the vision to create something truly special.

General Features

  • County: Delaware
  • Property Type: Land
  • Property Subtype 1: Land
  • Possession: upon closing

Exterior Features

  • Acres: 11.0000
  • Lot Size Source: (Survey)
  • Lot Measurement: Acres
  • Lot Square Footage: 479,160
  • Lot Features: Additional Available,Open,Wooded
  • Allow: Single Wide: No
  • Allow: Double Wide: No
  • Allow: Modular: No
  • Open: 0.00
  • Tillable: 0.00
  • Views: Hill/Mountain View
  • Wooded: 0.00
  • Restrictions: None

Utility Features

    Financial Features

    • Price Per Acre: 0.00
    • Price Per Square Foot: 0.00
    • Terms: Cash
    • Assessment: 70300.00
    • School Tax: 597.69
    • Town/County Tax: 724.07
    • Village/City Tax: 0.00
    • Tax Id: 285.-2-34.2
    • Water/Sewer Fee: 0.00
    • Lease Type: Net
    • Sell by Acre or Lot: Lot

    School Features

    • School District: Margaretville
    The listing information for State Highway 28, Margaretville, NY 12406 was graciously provided by our friends at the listing brokerage, Coldwell Banker Timberland Properties

    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on CENTURY 21 Chesser Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. CENTURY 21 Chesser Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 11/17/2017 at 9:14pm