5358-5516 Rte. 394 Bootey Bay #3, Stow, NY 14785

LOT# 3 of 4....175 FEET OF LAKE FRONTAGE ...PRIVACY AND FANTASTIC VIEWS, PRICED BELOW ASSESSMENT across from Long point State Park. THERE IS A 3 SEASON COTTAGE THAT HAS MUCH POSSIBILITIES ! VAULTED CEILINGS WITH AN OPEN FLOOR PLAN. KITCHEN AND BATHS HAVE BEEN UPDATED. Property is being sold as is where is. Unknown if well and septic are functional. Unknown when last occupied. This is predominately a Lakefront Parcel land sale. Tax assessment and Estimated annual taxes are based on list price. Cottage is livable. If buyer chooses to raze current structure and build new, structure must comply with all current building codes for structure, well and septic. House will have to be placed at least 50' back from shoreline and have a 35' deep natural buffer zone along lakefront. There is a deeded right of way to access lot. NOTE from Northwest: We are aware that the driveway access will have to be addressed. We believe that at some point the land owners are all going to need to get together to create an owners association so that all of the land owners can contribute to the maintenance. I think this is really going to come into play once Lot #1 is sold. When we sold Lot #5 we signed a License Agreement with the buyer that provides for a non-exclusive, revocable right to use the existing gravel roadway, approximately in its present location, in common with others, including Licensor(Northwest), its successors and assigns. I don’t foresee any issues with the access, it is just going to come down to who is going to maintain it. The creation of a Homeowners association seem like the most logical thing to do. 2015 Tax Rate is 20.99 per K