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0WP Lake Moraine Rd, Madison, NY 13402

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For Sale

$550,000

13.77 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 13.8 acres
    Lot size

Explore this Property

Bring your dreams to life with this unique agri-business opportunity in a prime location with Seller willing to hold the mortgage. This highly desirable property is located just 3.5 miles from the village of Hamilton, which was recently named one of the Friendliest Towns in America by Forbes Magazine and the home to the nationally ranked liberal arts college of Colgate University. There are currently (39) 20' wide by up to 200' long greenhouse structures in place. Operating from June through September, the greenhouses are being used at this time to grow specialty vegetables for the NYC marketplace with a gross income of $12-15,000 per week. The soil is almostly entirely Lordstown channery silt loam 8-15% slope (LsC). Lordstown and loamy soil is moderately deep and ideal for most garden plants because it holds plenty of moisture but also drains well so that sufficient air can reach the roots. With ~370 feet of road frontage, there is a farm driveway into the property, and electric is available at the paved, maintained year round road. The property offers the new owner many viable options: from taking over the existing greenhouse operations... to clearing some or all of the 8+/- tillable acres for another small farm agri-business, or build your new home or vacation getaway with direct access on the Upper Lake Moraine....to creating a camping AirBnB or Retreat with lake access for recreation...or some combination of any of these options! The property has a great location near the village of Hamilton for amenities as well as area attractions and culture: renowned restaurants and breweries, shopping, culture and performing arts in Hamilton, Syracuse, Clinton/Utica and Cooperstown, outstanding fishing and boating in numerous lakes and rivers all well within an hour or less. NYS Lands, Forest and Wildlife Management areas abound in the surrounding areas. NYC/George Washington Bridge is less than 4 hours. Listing price is based on package price for the greenhouses and land together. .
MLS# 11364770

Courtesy Of WHITETAIL PROPERTIES REAL ESTATE LLC

(217) 285-9000

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Other
  • Lot Size
    13.77 Acres
  • View Type
    Lake

Map and Directions

Directions to 0WP Lake Moraine Rd, Madison, NY 13402

Home seller CENTURY 21 One Realty

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CENTURY 21 One Realty

(315) 793-7500
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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