L 132 Friends Lake Rd, Chester, NY 12817

Description

2,200 feet of frontage along the Upper Hudson River, a wild, whitewater backcountry river, and immediate access to nearly 1,600 acres of State Forest Preserve, the Hudson River Woods & Wildwater property is the ''complete package'' of Adirondack property. With over 4,500 feet of road frontage (with electric) on Friends Lake Road, it's an ideal location for a camp, second home, or subdivision. The property is under the Fisher 480 forest tax law, which provides a handsome reduction in taxes, while being less burdensome than its 480a tax law successor. Fisher 480 carries a very low administrative burden. The only requirement is that the landowner pay a 6% severance tax on the timber stumpage yield. Only ~ 187 acres of the 337 is under 480.