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Former Mount Storm Ski Area – 88 Acres with Stunning Views & Rich History This unique property, once the site of the iconic Mount Storm Ski Area, is now available for sale. A total of 5 parcels, spanning 88 acres, it offers breathtaking 180-degree panoramic views from the mountaintop, where you can see for miles and experience the natural beauty of the region. The property features a main building that includes THREE 3-bedroom apartments, a studio office, and a basement full of character. From the old lodge windows, you can enjoy picturesque views of the manicured ski slopes. The basement still holds a nostalgic piece of history with original skis, boots, and poles from the 1980s hanging on the walls. In addition to the main building, the site includes an open pole barn providing ample storage space. Located in an agricultural district with farm use zoning and residential zoning for potential subdivision and future home sites, this property offers a rare opportunity to own a piece of history while also providing endless possibilities for development. Don’t miss your chance to own a slice of the past with incredible views and potential for the future. Schedule a showing today! (Also Includes 2nd entrance at 3384 Route 52 see Commercial Listing MLS#863779)
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $1,689 | $1,689 | $1,689 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,816 | $15,367 | $20,415 |
Total Monthly Payment | $15,630 | $17,181 | $22,229 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.