Few properties in the Catskills offer this combination:
- a private 9+ acre lake
- established rental income
- spectacular undeveloped multi-acre building site
- on a single 36.97-acre parcel
At the working heart of the property sits a well-maintained six-unit apartment building generating approximately $44,000 annually in rental income, with low overhead and a track record of steady returns. There are six one-bedroom units, served by two septic systems and connected to Delaware County Electric Cooperative power and MTC high-speed internet. This property is in excellent condition. A 2020 double-wide completes the income package. Tucked discreetly at the far corner of the property, this 3 bed 2 bath manufactured home is an ideal solution if you need a space to stay while you build your dream lake-side home. Or put it to work right away for additional income.
What sets 61 Fusco Road truly apart, however, is what lies beyond the rental activity. Cross the property’s open meadow and a world-class building opportunity reveals itself: a sweeping, unobstructed view of the lake, a broad natural clearing ideal for a primary or vacation home, and a dramatic 40-foot rock ledge that would form the natural spine of a private driveway approach. From this vantage point, the income properties simply disappear — you wouldn’t know they existed. The slope is gentle and there are at least two compelling locations cleared for a new home, your choice. An old logging road can provide access from Titus Lake Road, such that you never have to even pass the rental properties, if you wish. It’s an amazing configuration.
The lake itself — approximately 9 acres, man-made and entirely on-site — is the crown jewel. Open fields roll to the edge, and the setting carries the kind of quiet grandeur that defines the best of the Western Catskills. Views of distant peaks frame the dam-side view.
This is genuinely rare: a property where you can build your dream home in a private, natural setting and simultaneously hold income-producing assets on the same parcel — no compromise required.
Under 30 minutes from Oneonta, just over an hour to Albany International Airport, and 3 hours to the GWB…This is a retreat with amazing benefits!
