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Property at 0 Hammond Hill Road, East Otto, NY 14729
CLOSED
0
$289,000

0 Hammond Hill RoadEast Otto, NY, 14729

LandAgriculture81.74 Acres
This property is a great mix of farmland and forest, creating ideal habitat for deer and turkey whose signs are abundant here. There is about 25-30 acres currently in corn. The farming is leased to a local farmer and the property benefits from the agricultural exemption for this area on the property taxes. The balance of the property is in forest that is being managed for timber production and is enrolled in the NYS tax law 480-a program. Enrollment here provides a significant tax break on the forested area in exchange for doing the proper forest management, which is evident when you walk the woods. The forest is comprised of hard maple, soft maple, cherry, ash, beech, basswood, hickory, hemlock and more. The property also benefits from having 2 gas wells on it. Both are active and paying a limited royalty. More importantly, the landowner has the opportunity to tie into free gas in coordination with the gas producer. There are multiple building site opportunities on the corn field allowing you to take in the views from various directions and viewpoints. The managed forest is a haven for wildlife with deer trails, rubs, scrapes and turkey scratchings found throughout. Various spring seeps and gully drainages supply the water necessary and the abundance of food from the corn field, apple trees, seedlings and nut producing trees tends to hold the game here.

Est. Monthly

$1,370/MO

$289,000

0 Hammond Hill Road, East Otto, NY

LandAgriculture81.74 Acres

This property is a great mix of farmland and forest, creating ideal habitat for deer and turkey whose signs are abundant here. There is about 25-30 acres currently in corn. The farming is leased to a local farmer and the property benefits from the agricultural exemption for this area on the property taxes. The balance of the property is in forest that is being managed for timber production and is enrolled in the NYS tax law 480-a program. Enrollment here provides a significant tax break on the forested area in exchange for doing the proper forest management, which is evident when you walk the woods. The forest is comprised of hard maple, soft maple, cherry, ash, beech, basswood, hickory, hemlock and more. The property also benefits from having 2 gas wells on it. Both are active and paying a limited royalty. More importantly, the landowner has the opportunity to tie into free gas in coordination with the gas producer. There are multiple building site opportunities on the corn field allowing you to take in the views from various directions and viewpoints. The managed forest is a haven for wildlife with deer trails, rubs, scrapes and turkey scratchings found throughout. Various spring seeps and gully drainages supply the water necessary and the abundance of food from the corn field, apple trees, seedlings and nut producing trees tends to hold the game here.

StatusClosed
Property TypeLand
Property SubtypeAgriculture
Days on Market283 days

Est. Monthly Payment

$1,369.85

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

0 Hammond Hill Road

East Otto, NY 14729 • Cattaraugus
—
Beds
—
Baths
—
SqFt
81.74
Acres
Status
Closed
Property Type
Land
Property Subtype
Agriculture
Days on Market
283 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $2,860
Property History
  • Closed
    Jan 27, 2026 • NYSAMLS • R1600731
    $289,000
  • Listed for sale
    Apr 19, 2025 • NYSAMLS • R1600731
    $289,000
Mortgage Calculator
Estimated monthly payment for this property
$1,369.85
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1600731
  • Listing Office
    Timberland Realty
  • Last Updated
    57 days ago

Lot & Grounds

  • Lot Size
    81.74 acres
  • Lot Features
    • Irregular Lot
    • Rural Lot
    • Wooded
    • Gentle Sloping
    • Level
    • Rolling Slope
  • View
    Scenic
  • Exterior Features
    Gravel Driveway

Type

  • Property Type
    Land
  • Property Subtype
    Agriculture

Condition

  • Days on Market
    283 days
  • Water
    None
  • Sewer
    None
  • Utilities
    • Electricity Available
    • Sewer Not Available
    • Water Not Available

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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