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Key Details
Sold Price $535,000
Property Type Vacant Land
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID R1525850
Sold Date 06/14/24
HOA Y/N No
Annual Tax Amount $5,191
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions 96X372
Property Description
Unparalleled property on upstate New York's Otsego Lake. Clear waters & spectacular views with 4,000+ acres of shoreline (only 50% available for residential repurchase & development) serves as the Susquehanna River’s headwaters. Charming historic Cooperstown lies at the lake’s southern end, which is home to the National Baseball Hall of Fame, Otesaga Hotel, Fenimore Art Museum, Farmers' Museum & Glimmerglass Opera, serving as a mecca for cultural attractions, fine dining & outdoor recreation. Nestled in Peggs Bay on the Lake's NE shore, this premier undeveloped ¾ acre rectangular lot is the last property of its kind on the lake. 100’ of unobstructed shoreline, the property has a grandfathered building/zoning status allowing for custom construction & favorable site development options. This incredible property offers limitless options to capitalize on its natural beauty, topography, lush tree coverage, perfect balance of sun & shade, & breathtaking western sunset views. Whether envisioning a private retreat or family vacation home, this is a perfect blank canvas for creating a lakeside oasis. Make your lakefront living dreams a reality in this iconic upstate NY location.
Location
State NY
County Otsego
Area Middlefield-363889
Direction Upon HH & appointment scheduled to: From the Cooperstown Post Office. Head East on Main St towards Fair St .5 mile. Continue on Cty Hwy 31 for 5.7 miles. Make a sharp left onto Pegg's Bay Rd.
Body of Water Otsego Lake
Interior
Heating None
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Not Available, Water Not Available
Waterfront Yes
Waterfront Description Lake,Lake Front,Water Access
View Y/N Yes
View Scenic, Water
Topography Level,Sloping
Building
Lot Description Rectangular, Residential Lot, Secluded, Gentle Sloping, Lake Front, Level, Steep Slope, Wooded
Sewer None
Water None
Additional Building Other, See Remarks
Schools
School District Cooperstown
Others
Senior Community No
Tax ID 70.14-1-15.00
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Keller Williams Upstate NY Properties
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KW Upstate New York Properties
Broker | License ID: 10991215115
Broker License ID: 10991215115