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Mead Road Masterpiece

$299,800
Mead Road, Jamestown, NY
Status: Under Contract
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Property Type
Acreage
Acreage
127.4 acres
County
Chautauqua, NY
Format
Sale
Features
N/A
List Date
Jan 22, 2021
Documents
N/A
Description
New York land with mixed woods, farm fields, great trails and ponds for sale.  This property provides the ultimate in recreation with the matrix of fields, forest, stream and ponds making it ideal for people of all ages and interests.  Watch the ducks and geese on the large 4-5 acre pond; ATV or hike on the great internal trail system; watch the kids play in the stream; spend time grooming your 3 acre included food plot; play on the 1 acre pond, take advantage of the fantastic hunting.  The area snowmobile trail is found here too!  There is about 18-20 acres currently being farmed for corn or hay.  There is a lease that can be continued or canceled that currently pays about $40/acre/year.  The balance of the property is in various stages of forest with a great mix of maple, cherry, ash, beech, hemlock, birch and more.  The property has been groomed for deer and turkey hunting.  Sign is abundant and harvests plentiful. Approximately 32.2 acres of the property is encumbered by a permanent easement for the Wetland Reserve Program for wetland protection and habitat conservation where the large pond is.  The complete details can be found on our website along with a detailed map showing the location.  The encumbered area can be used for hunting, fishing and recreation of all types; it just cannot be built upon.  The public has no access to this area either. The property is ideally located, just minutes from Lakewood for all supplies and conveniences as well as Chautauqua Lake, Chautauqua Institution and all the area has to offer. The property is being sold subject to the rules of 1031 exchange.  A standard purchase agreement will be entered into that will convert to a 1031 agreement during the closing process.  There may be a delayed closing time as the seller locates his desired exchange property.  While under contract the buyer will be allowed to use the property. There are gas wells on the property.  The Seller does not own the oil, gas or mineral rights to the two parcels that comprise 73.9 acres and is uncertain whether or not they are owned by him on the 53.5 acre parcel.  Any rights owned will transfer.
Listing Agent
John Owens
Timberland Realty
Falconer, New York
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