162 Peggs Bay Road, Middlefield, NY 13326

$535,000

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Sold Price
$535,000
List Price
$535,000
Status
CLOSED
Days on Market
61
Closing Date
Jun 14, 2024
MLS#
R1525850
Subtype
Land
Construction Status
Raw Land, Site Plan Approved
Lot Size
32,670
Acres
0.75
MLS Area Major
Middlefield

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.

Additional Information

Taxes
$5,191
Zoning
Residential 2 Unit
Heating
None
Parking Features
No Driveway
School District
Cooperstown
View
Scenic, Water

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Upstate NY Properties. Contact: (607) 434-9538

Selling Office: Keller Williams Upstate NY Properties.