Recreational Land with Home for Sale in Jefferson, New York

36+ Private Acres | 9-Acre Lake | Income-Producing Estate | Western Catskills A rare offering in the Western Catskills: 36+ private acres anchored by a stunning 9+-acre man-made lake, paired with established rental income and a spectacular undeveloped building site - all on one parcel. The income side features a well-maintained six-unit apartment building (six 1BR/1BA units) generating approximately $44,000/year with low overhead. Two septic systems, DCEC electric, and MTC fiber internet. A 2020 3BR/2BA doublewide on a concrete slab adds further income or serves as a residence while you build. Beyond the rentals, cross the open meadow to discover the real prize: a broad, gently sloping clearing with unobstructed lake and mountain views, anchored by a dramatic 40-foot rock ledge ideal for a private driveway. An old logging road off Titus Lake Road offers separate access - bypass the rentals entirely. From this vantage point, the income properties disappear completely. Two compelling home sites to choose from. Build your dream lakeside retreat while income works in the background - no compromise required. Under 30 minutes to Oneonta, just over an hour to Albany International Airport.