Sunday, November 20, 2011

Sullivan County Vacant Land

Once again me being busy has made my blog suffer. I just haven’t had that two hour block where I can sit down and write a witty, compelling yarn. Having a twenty-month old is a surprising amount of work, and I also seem knee deep in short sale paperwork, or answering emails.

Vacant land has been the theme of the last month. Up here in Sullivan County, the fall always seems to bring attention to larger land lots, because many of the avid hunters that come here have a dream of owning their own large piece, and being able to hunt it with impunity. There are quite a few pieces of state owned land that people can hunt on, but just like any other “public” area, this brings others into the equation. Everyone knows how annoying the Speedo wearing cell phone guy is at the public beach. Well put him in the woods with a gun. That is the hunter’s equivalent.

No, the dream of sitting in your own tree stand, on your own twenty-five to fifty acre piece, as dawn arrives and the sun breaks over the mountains is pretty powerful. And pretty universal for those who are into hunting.

I also think land ownership is a deep, ingrained desire. Owning you own space, and inviting those who you want, and denying the rest is a basic human (or perhaps even primate) trait. “I own all that I can see!” This kind of stuff has been around for centuries.

I have mentioned it before, but by far land here in Sullivan County is cheaper than I have ever seen it since I started selling real estate. I have compiled a list of my five favorites. These are all larger land lots, that I feel are really good bargains in today’s market.

50 acres 99K

I featured this piece last week. This is a foreclosure near Callicoon Center. It is fifty acres with a bunch of frontage on Nort Branch Creek, and a really nice pond. This is one of those pieces that would have had a 450K price tag on it in '07. This piece has just been surveyed, so that cost would not be needed upon purchase. Half wooded and half open fields.


41 acres for 99K
This piece is located just outside of Jeffersonville, within ten minutes of Bethel Woods. I have shown this piece a few times to hunters, and the concern was houses in the immediate vicinity. This is a great, flat piece of land however, also with a little stream. It has been on the market for over two years, with the original price well over 200K. It is sub dividable.

37 acres 225K
How much is a view worth? This 37 acre piece is priced higher than some of the others, but it has the best long range views from a piece for sale that I have seen in a long time. It is located just outside of Jeffersonville, by the desirable Beechwoods area. It has only been on the market for a few months, and they have already dropped the price some, showing motivation. Really nice open piece.

70 acres for 279K
This is another open piece with long range views, almost but not quite as nice as the one in Jeff. It is lot more acreage however, just under seventy. This piece is located outside of White Sulpher Springs, as you go up the mountain towards Livingston Manor. It has been on the market a whopping 1500 days. Original price tag? 995K. It is now listed for 279K. Can you say sellers fatigue?

130 acres 349K
There were a few I was flip-flopping on for the last one, but I picked this one for the sheer size of it. It is 130 acres down in Glen Spey off of Kalin-Weber. This is another piece that has been on the market forever. I believe the original tag on this one was around 800K. It is now 349K Or just under 3K an acre. Being less than two hours to NYC makes this one a pretty good deal.
There were four properties reported sold in the Sullivan County MLS in the last seven days. Click Here

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