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Otsego
509 Boy Scout Rd
$6,900,000
Land - For Sale

509 Boy Scout Rd

Maryland, NY 12116
bedrooms
Studio
bathrooms
0 Bath
$33,881
Estimated Monthly

About This Property

Rare opportunity to own a large, former Scout Camp with a 60+/- lake, with extensive infrastructure surrounded by pristine woodlands, and bordering an additional 423 acres of NYS Forest with 1.5 miles of water frontage on the Susquehanna River, all within 12 miles to the world renowned Cooperstown.  There are many possible options for this property:  new camp operation, private estate, corporate retreat, restaurant/spa, and/or development of vacation or year round homes in an outstanding natural setting.  Along with an extensive camp facility infrastructure, including dozens of buildings and accessory structures, the highlight of this property is the newly constructed 10,000 square foot Dining Hall, seats 290 guests, offices, commercial kitchen and overlooks Crumhorn Lake.  There are numerous sleeping facilities as well as other ancillary buildings and activity areas comprising the bulk of the rest of the campus, which combined can currently accommodate 525 overnight guests.     In addition to the 60+ acre, stocked Crumhorn Lake, which provides boating, fishing and swimming activities, there are 6.2 miles of groomed trails providing extensive access throughout the property for hiking or ATVs for viewing nature and enjoying the pristine natural setting.  This property offers a significant  timber resource, with only a very limited harvest last taken in 2017, there are approximately 525 acres of a mix of hardwoods (mostly oak, then maple, cherry, beech) along with white pine and hemlock, with both mature trees as well as future timber income potential.  The property also borders the Susquehanna State Forest providing an additional 423 acres with access to ~1.5 miles of frontage on the Susquehanna River - offering additional hunting, hiking, boating and fishing opportunities.  In addition, there is an existing cell tower that is leased on the property, in year 2 of a 5 year self-renewing lease, which provides an annual income of $47-$48,000.   Steeped in history and legend of the Leatherstocking Region and James Fenimore Cooper, the property is located only 12 miles from Cooperstown, with its many attractions, restaurants, championship golf course and major tourist destinations, including the National Baseball Hall of Fame, Fenimore Art Museum, NYS Historical Society, Glimmerglass Theater, NYS Farmer's Museum and Omegang Brewery.  The property also benefits from 2.6 miles of road frontage, well drained terrain, and multiple access points which enhances the future development potential of the property, particularly around the central, more level part of the property.   While located in a private area tucked away on top of a hilltop, there is easy driving access to the property from Interstate 88, just 7.8 miles from exit 18 coming from Albany or 8 miles from exit 17 in Colliersville coming from Binghamton.    Amenities are close by with Milford less than five miles away, and Oneonta within a half hour.  Accessible from NYC/George Washington Bridge with a 3 hour and 20 minute drive.
Unit Size
-
Days on Market
629 days
Land Size
668.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2017

Listed By

John Myers
CNY LAND & HOME INC
Last updated: 2 months ago (NYSMLS #11055055)

Price History

Date / Event Date Event Price
Apr 3, 2024 Relisted $6,900,000
Relisted
Mar 2, 2024 No longer available -
No longer available
Dec 28, 2023 Relisted $6,900,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Sep 1, 2022 Listed by WHITETAIL PROPERTIES REAL ESTATE LLC $6,900,000
Listed by WHITETAIL PROPERTIES REAL ESTATE LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,584,438
  • Total Building Area: 10,000
  • Gross Building Area: 10,000
  • Building Area: 10,000
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 426.64
  • Legal Description 1: 948 0 0

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milford Central School District
  • School Tax School District: MILFORD
  • Census Tract: 590500

Geography

  • Account Number: 111700
  • District: 364089
  • Section: 228.00
  • Parcel: 364089 228.00-1-3.00
  • Block: 1
  • Lot: 3.000
  • Municipality: MILFORD (TOV)
  • Latitude: 42.5555
  • Longitude: -74.925

    Address

  • Full Address: 509 Boy Scout Rd
  • Address - House Number: 509
  • Address - Street Name: Boy Scout
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Maryland
  • Zip Code: 12116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364001

    Market Valuation

  • Market Total Value: $3,939,394
  • Market Land Value: $909,091
  • Market Improvement Value: $3,030,303

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,250,000
  • Assessed Land Value: $750,000
  • Assessed Improvements Value: $2,500,000

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Otsego


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Frequently Asked Questions

When was property at 509 Boy Scout Road built and last sold?
The property at 509 Boy Scout Road was built in 2017 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 509 Boy Scout Road is $6,969,000.
What are some comparable homes to 509 Boy Scout Road?
There are currently no comparable homes to 509 Boy Scout Road.

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