0 Mud Pond Rd, Peru, NY 12972

McGinnity Pond Private Forest is an outdoor enthusiast’s dream property! Over 3,200 acres of northern Adirondack land with diverse features including; mountain peaks, creek valleys, trout streams, beaver ponds, miles of private roads and ATV trails to ride and unlimited recreational opportunities. A rustic cabin, located just inside the eastern boundary, offers direct access to and a spectacular view of McGinnity Pond. It is a perfect site from which to launch a canoe, kayak, or rowboat for a day on the pond, or to just relax on shore beside a captivating camp fire. The property is accessed from the Mud Pond Road via a seasonal, gated, deeded right-of-way ~1.2 mile to the parcel. The entire property is enrolled in the Real Property Tax Law, Section 480a program that lowers taxes for a commitment to forest management. A year ‘round recreational lease provides $11,900 in revenue each year to the landowner, more than enough to cover annual taxes. The property directly abuts the 4,739-acre Terry Mt. State Forest in the Adirondack Park Forest Preserve. Prospective buyers must show proof of funds for cash offers, or provide a prequalification letter from their lending institution.