Location, Location, Location: Bethel, New York
May 1, 2002
Facts & Stats
CHAFIN' FOR CHAPIN: The Chapin Estate is a gated 5,300-acre second-home community with mountain views and frontage along the 860-acre Toronto Reservoir.
FROM FATHER TO DEVELOPER: Chester W. Chapin Jr., a successful New York City entrepreneur, acquired the land in 1891 and spent his life developing it into a private hunting preserve. The current owner is Woodstone Development, 866.583.4900, www.chapinestate.com.
LOCATION: The Catskill Mountains, five miles from the Woodstock site and 90 miles from Manhattan. Private planes can fly into the Sullivan County International Airport in nearby White Lake.
SIZE MATTERS: Phase one features 35 homesites of five to eight acres, priced from $250,000 to $400,000. Constructed homes must be at least 1,700 square feet and cannot exceed 7,500 square feet.
PENDING PROJECTS: A par-72 championship golf course designed by Scottish golf course architect Donald Steel, a golf lodge and a lake house.
CREATING YOUR OWN: A four-acre parcel in Bethel has a large pond and a barn and chicken coop that can be converted and restored into a home and guesthouse. $200,000. Contact the Rural Connection at 212.645.4488, www.theruralconnection.com. A 1,600-square-foot, three-bedroom, one-bath teardown built in the 1950s on 16 acres with lake access is for sale for $84,900. Contact Kaaterskill Realty, 845.794.7000.
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