Available for sale for the first time since 1935, Point Mountain is a 105 acre parcel of land with frontage on the East and West Branches of the Delaware River. The vast, wooded mountain stands alone overlooking the Village of Hancock, NY and the State of Pennsylvania. There are numerous potential building sites. Some may contain long distant views with landscape work. The possibility for a high-end housing development exists, as does a private park, recreation complex or a prestigious private estate. A dilapidated 1940’s mausoleum and cell tower (owned by others) stand at the top and the cell tower rents convey with the property. This is an iconic landmark and would be a crown jewel for anyones real estate portfolio. $1,250,000
Point Mountain
ACTIVE
$1,250,000
Fifield Ave., Hancock, NY 13783
105 acresLot
Lot Size105 acres
Land TypeForest
Waternone
Sewernone
Electricat road
Road Frontagepublic and private
Recreational WaterEast Branch Delaware River and West Branch Delaware River
TaxesVillage- $1,713; School- $2,912; Town & County- $2,050. Additionally, the cell tower owner pays taxes on the tower of: $9,808.
Special FeaturesTower rental income is $20,500 annually.