1 State Highway 28, Margaretville, NY 12455 | 125866 | HUNT Real Estate

1 State Highway 28 $379,000


    1 State Highway 28 Margaretville, NY 12455

    • 16.36 Acres
    • Land
    • MLS# 125866
    Favorite Share
    Views: 137 Days On Site: 573

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Description Tours

    As Mark Twain said: Buy Land, They're Not Making it Anymore.'' In the Catskill Region, that sentiment takes on even greater significance with a substantial amount of acreage owned by NY State and NY City. Available land is scarce and the inventory continues to dwindle.

    That's why this Arkville parcel presents such a special opportunity. What's your preference? A home site with gorgeous views of the Dry Brook Valley and easy access off a town-maintained road, or a prime commercial location with a half-mile of coveted Route 28 frontage? Adding to the value of this parcel is the fact that there's terrific cell service at this location.

    Purchase 11 acres to build your dream home (or several tiny houses) or invest for a money-making venture. There's also the prospect to greatly expand your possibilities by also acquiring the adjacent 51-acre parcel.

    Located about three miles east of the Village of Margaretville, one of the Catskill Region's most active commercial hubs, this parcel offers everything needed for a savvy buyer. It's a great location for a hotel or other type of commercial venture. Catskill Mountain wedding venues are among the most sought-after in the northeast and a first-class hotel would play an essential role in providing large-scale accommodations for the wedding industry.

    World-class fishing, golf, skiing, hiking are all just a stone's throw from this premium Arkville property. Whether you choose to live here, or work here, it's key to remember that land is always a good investment. They're Not Making it Anymore.

    • General Features
      • Assessment 70300.00
      • Association Otsego-Delaware
      • Property Subtype 1 Land
      • Restrictions None
      • Views Hill/Mountain View
    • Building Features
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Quarter Bathrooms 0
      • Three Quarter Bathrooms 0
    • Property Features
      • Acres 16.36
      • Allow Double Wide No
      • Allow Modular No
      • Allow Single Wide No
      • Lot Features Additional Available, Open, Wooded
      • Lot Measurement Acres
      • Lot Size Source (Survey)
      • Lot Square Footage 712642.00
    • Schools
      • School District Margaretville



    12455 (Margaretville) Demographics

    57 Median Age
    23 Population Density (per sq. mile)
    39% College Educated
    $55,402 Estimated Median Income
    638 Estimated Total Home Owners
    177 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    1,755 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $460,250 Median Sales Price
    4 Homes Sold
    3 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $379,000
        5/6/2020 7:33:00 PM New in Database Source: Multiple Listing Service New Value: $379,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.


        HUNT Mortgage

        HUNT Mortgage Lending Partner

        At HUNT Mortgage, we pride ourselves on providing superior customer service and creating satisfied customers. From mortgage processing and underwriting to loan closing and funding, our expert Mortgage Consultants will efficiently expedite your entire mortgage transaction and keep you informed every step of the way. We’re committed to building rewarding, long-term customer relationships.

        HUNT Mortgage Corporation NMLS #37405 - Mortgage Banker License #B500142 - New York State Department of Financial Services  

        Ostego-Delaware MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.