1 ACRE IN STEUBEN COUNTY, NY
See Property Details Below
Located near the Town of Prattsburgh near the Southern Finger Lakes. This lot sits in the bucolic New England countryside surrounded by rolling hills, woods and lakes.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
The lot has direct access via County Route 7 and there are homes nearby.
The property is about 25 minutes from Hammondsport and Keuka Lake and 45 minutes to Seneca Lake, the largest of the Finger Lakes. In the Keuka Lake region there are over 20 wineries, biking, hiking, fishing and boating. Hammondsport is also home to the Glenn H. Curtiss Museum and the Finger Lakes Boating Museum, summer festivals and classic New England B&Bs.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist
Based on our conversations with the Town of Prattsburgh, there is no formal zoning code so residential and recreational uses are allowed.
CASH DISCOUNT PURCHASE PRICE $2,697 + $495 DOCUMENT FEE
We accept personal checks, cashier’s checks, money orders and Zelle.
SELLER FINANCING AVAILABLE: $3,505 + $495 DOCUMENT FEE
20% down with equal monthly payments for 6 months at 0% APR. NO PREPAYMENT PENALTY. No credit checks.
TITLE AND USE
What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.
“Don’t wait to buy real estate. Buy real estate and wait.” – Will Rogers, actor
ABOUT FINGER LAKES
The Finger Lakes are a series of 11 lakes in Central New York. Of the 11 lakes, Seneca is the largest by volume and the second longest. The area has a good climate for grapes and is home to a number of wineries. As you may guess, the region is great for water-sports, including boating, canoeing, and kayaking. Fishing is a year round sport, with ice fishing being a local favorite in the winter. The Finger Lakes region encompasses not only lakes, but also a number of state parks where you can camp, hike, bike, snowmobile and cross country ski.
Tax Map #: 058.00-01-016.200
Tax Acct #: 466000
GPS Coordinates: 42.4888917726381,-77.3838973815915; 42.4888922650119,-77.3839529911136; 42.488394375652,-77.3842648457384; 42.488381435826,-77.3835269509666; 42.4885707986386,-77.3834171602965; 42.4887575996987,-77.3832996304211; 42.4888856922441,-77.3832115419093 (please note that google maps may label the site as 10033 County Route 7 when you zoom out, but this is the address of the neighboring property. There is no current address for this lot.)
TAXES ARE PAID AND CURRENT
Annual taxes are $63.23. Taxes have been paid through 2018 and no back taxes are owed.
“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul
FREQUENTLY ASKED QUESTIONS
Are RVs allowed? Yes, according to the Town of Prattsburgh there are no regulations around RV use.
Are utilities available? You will need a well and septic system if you want to live full-time on the property. The well will need to be 50′ from the septic tank and 100′ from the septic distribution box. At 1 acre, these setbacks may be tight, but you should contact an engineer to determine what’s feasible. The Town of Prattsburgh’s code enforcement officer can suggest a few local engineers. Alternatively, you could install a composting toilet and greywater system. You would still need to meet the above setback requirements between the well and composting toilet, but because the composting toilet is a smaller system, it may be easier to make it work.
What kind of deed will I receive? You will a receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.
How many people can be included on the deed? You can have as many people listed on the deed as you would like.
Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.
Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur
We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!
“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist