162 Pegg's Bay

Middlefield, NY 13326

$535,000
Price
32,670 / 0.75
Lot Size / Acres

Description

Unparalleled property on upstate New York's Otsego Lake. Clear waters & spectacular views with 4,000+ acres of shoreline (only 50% available for residential repurchase & development) serves as the Susquehanna River’s headwaters. Charming historic Cooperstown lies at the lake’s southern end, which is home to the National Baseball Hall of Fame, Otesaga Hotel, Fenimore Art Museum, Farmers' Museum & Glimmerglass Opera, serving as a mecca for cultural attractions, fine dining & outdoor recreation. Nestled...Unparalleled property on upstate New York's Otsego Lake. Clear waters & spectacular views with 4,000+ acres of shoreline (only 50% available for residential repurchase & development) serves as the Susquehanna River’s headwaters. Charming historic Cooperstown lies at the lake’s southern end, which is home to the National Baseball Hall of Fame, Otesaga Hotel, Fenimore Art Museum, Farmers' Museum & Glimmerglass Opera, serving as a mecca for cultural attractions, fine dining & outdoor recreation. Nestled in Peggs Bay on the Lake's NE shore, this premier undeveloped ¾ acre rectangular lot is the last property of its kind on the lake. 100’ of unobstructed shoreline, the property has a grandfathered building/zoning status allowing for custom construction & favorable site development options. This incredible property offers limitless options to capitalize on its natural beauty, topography, lush tree coverage, perfect balance of sun & shade, & breathtaking western sunset views. Whether envisioning a private retreat or family vacation home, this is a perfect blank canvas for creating a lakeside oasis. Make your lakefront living dreams a reality in this iconic upstate NY location.
  1. Listed by Stacey M. Frazier ABR • Keller Williams Upstate NY Properties
    P: 607-431-2540 C: (607) 434-9538 staceyfrazier@kw.com

Property Details for 162 Pegg's Bay

Waterfront Description
Lake, Lake Front, Water Access
On Waterfront
Yes
Parking Description
No Driveway
Nearest Cross Street
Cty Hwy 31

Location

Listing Courtesy of Keller Williams Upstate NY Properties
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LISTING UPDATED: 03/20/2024 03:59 PM

Property Details for 162 Pegg's Bay

StatusActive
MLS #R1525850
Days on Market43
Taxes$5,191 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Other
Year Built-
Lot Size0.75 AC
CountyOtsego County

Location

Listing Courtesy of Keller Williams Upstate NY Properties
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Building Information for 162 Pegg's Bay

Lot Size0.75 AC

Payment Calculator

$3,352 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,920

Property Taxes

$433

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 162 Pegg's Bay

Summary
Location and General Information
  • Development Status: Raw Land, Site Plan Approved
  • Elementary School District: Cooperstown
  • High School District: Cooperstown
  • Middle Or Junior School District: Cooperstown
  • Village: Not Applicable
  • View: Scenic, Water
  • View YN: Yes
  • Human YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Middlefield-363889
  • Tax Annual Amount: $5,191.00
Property
Lot Information
  • Building Area Source: Public Records
  • Num Of Crop Acres: 0.0
  • Land Features: Rectangular, Residential Lot, Secluded, Gentle Sloping, Lake Front, Level, Steep Slope, Wooded
  • Num Of Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Size Square Feet: 32670.0
  • Lot Size Units: Acres
  • Parcel Number: 70.14-1-15.00
  • Num Of Pasture Acres: 0.0
  • Possible Uses: Recreational
  • Road Frontage: County Road, Town Road
  • Lot Number: 15
  • Topography: Level,Sloping
  • Vegetation: Wooded
  • Num Of Wooded Acres: 0.0
Property and Assessments
  • Assessed Value: $197,000
  • Zoning Description: Residential 2 Unit
  • Property Sub Type Additional: Other, Residential
Utilities
  • Sewer Description: None
  • Utilities Available: Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Not Available, Water Not Available
  • Water Supply: None
Interior and Exterior Features
Exterior Features
  • Waterfront Footage: 100
  • Other Structures: Other, See Remarks
  • Waterfront Name: Otsego Lake
Interior Features
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Heating: None
  • Heating YN: No
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 162 Pegg's Bay

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 162 Pegg's Bay

Taxable ValueLand$177,000Additions$20,000Total$197,000
Home Facts
Beds2Baths2Total Finished SqFt488 SqFtAbove Grade Finished SqFt488 SqFtStories1Lot Size32,670 SqFtStyleMiscellaneous ResidentialYear Built1958CountyOTSEGOAPN363889 70.14-1-15.00

Schools near 162 Pegg's Bay

This home is within Cooperstown Central School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Rating
School
Distance
Cooperstown Elementary School
PublicK to 6

Cooperstown Junior Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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162 Pegg's Bay is a 0.75 ac of land for sale in Middlefield, NY 13326. This property was listed for sale on March 20, 2024 by Keller Williams Upstate NY Properties, it's currently listed at $535,000. It has been on the market for a total of 43 days and was last sold on February 22, 2005. This listing's school district is Cooperstown Central School District. Nearby schools include Cooperstown Elementary School and Cooperstown Junior Senior High School. 162 Pegg's Bay is a 0-bed, 0-bath, 0.75 ac of land on a 32,670 sq. ft. / 0.75 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Upstate NY Properties

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