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169 Lasher Road
Big Indian, NY 12410
Deborah Hitz with Habitat Real Estate Group, original listing - (845) 687-7954
$140,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
Surrounded by nature's splendor on 6.9 acres of scenic residential land, this exceptional property borders the tranquil Esopus Creek—a renowned haven for fly fishing enthusiasts. Picture your future home here, a perfect canvas for creating a serene sanctuary where you can gather, explore, and recharge amidst the fresh air and open landscapes. Currently featuring a cozy hunting cabin with electricity already in place, this parcel offers a unique opportunity to start fresh while enjoying the practicality of a rustic retreat. Imagine designing your dream home that takes full advantage of the breathtaking surroundings, with ample space for outdoor activities and peaceful contemplation. The property's feasibility study from October 2024 confirms that it can support an onsite septic system for a single residential home, meeting NYS Health Department requirements. Secluded yet accessible, this parcel is graced with stunning mountain vistas and the soothing sounds of the meandering creek. This stretch of the Esopus Creek is known for its wild rainbow trout, with fish averaging 8-12 inches and occasional trophy individuals exceeding twenty inches during late fall and early spring. There's also a decent population of brown trout, providing an exciting addition to your fishing adventures. Both Phoenicia and Pine Hill libraries have fishing rods (and ukuleles!) that you can check out. On hot summer days, take a refreshing dip on your property or venture out to some of the great local swimming holes (shhh!). People will open up about great swimming holes--to people that live in Shandaken. For winter sports enthusiasts, Belleayre Mountain Ski Center is just a short drive away, offering excellent skiing and snowboarding options. In the warmer months, enjoy activities like mountain biking and canoeing at Woodland Valley State Park. Local attractions abound, including the Empire State Railway Museum in Phoenicia, where you can delve into the region's rich history. Explore the charming streets of Phoenicia, home to eclectic shops such as The Mystery Spot Antiques and Classic American comfort food with a modern twist at The Phoenicia Diner or Bettina Cafe and Market. Peekamoose Restaurant has been around since 2003 serving farmhouse cuisine with many daily and seasonal specialties and cocktails plus a fabulous wine list. Enjoy around the nightly bonfire with lots of convenient outdoor seating. The Pine Hill community center and Formerly Yours in Phoenicia are arguably the best thrift stores in Ulster County. Shandaken has an energized Parks and Rec committee that has raised significant funds to renovate all the parks, starting with Glenbrook, which will be getting a ZIPLINE (yeehaw!) next year. Olivebridge Park offers scenic spots for picnicking and relaxing, while Pine Hill Community Center hosts yoga, events and other activities year-round. The Phoenicia farm market happens in Parish Field in Phoenicia May through October and then continues a winter market in Pine Hill. The Emerson has a fantastic gym used by many locals. The Shandaken Inn is a hot dining spot for locals on Wednesdays. Margaretville Telephone Company is supplying Phoenicia and working on all of Shandaken--a cost effective, efficient and employee owned alternative to the larger monopolies. Don't miss this rare opportunity to own a piece of paradise in the Catskills. Schedule your private tour today and start envisioning the mountain lifestyle you've always dreamed of!
Property Information
Lot Size
6 acre(s) square ft
Property Type
Land-Unimproved Land
Year Built
--
MLS Number
--
Location
Address
169 Lasher Road
City
Big Indian
State
NY
Zip Code
12410
County
ULSTER
Listing
Name
Phone
(845) 901-2128
Office Name
Office Phone
(845) 687-7954
Agent Name
Deborah Hitz
Agency Phone
(845) 687-7954

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.