0 Hammond Hill Road, East Otto, NY 14729

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.  Property boundaries are painted red and green fencing stakes through the corn field along with planted spruce trees mark the boundary between this and the neighbors corn field. Ideally located only 15 miles from Holiday Valley, 2 miles to Cattaraugus Creek for trout fishing and 3 miles from East Otto State Forest for additional hunting and hiking opportunities.  All oil, gas, mineral and timber rights transfer.