147 Pangman Rd This 270 acre estate holds a unique place in Northern Catskills grand opportunities! It is also adjacent to a family estate that will allow the next owner to have the distinction of owning a 500+ acre estate, with very few ever reaching the contemporary mountain markets. Only 2.5 hours from NYC, with a variety of agricultural opportunities, commercial or private, a charming 5 bedroom farm house with post and beam accents, center bluestone fireplace, garage, multiple shops for equipment and workspaces, a 3 bed/2 bath ranch 1/4 mile away, a mountain pinnacle with awe-inspiring views of the grand Gilboa Reservoir, and a unique combination of natural resources and manicured trails connecting them all is just the beginning. The majority of the property rests on the quintessential quiet mountain pass of Pangman Rd., with large open pastures across the year round Manorkill Stream, or via Route 990V. The mountain enclave has a combination of the main farmstead, the ranch with family/caretaker/rental opportunities, and a richness of natural resources that is apropos for those who appreciate preservation or development, and the mountain farming, active lifestyle. Inheriting a legacy estate without deeded restrictions is a rare opportunity to comfortably continue the status quo, living and exploring the 270 estate where new discoveries can be made for years, with 3 large tiered mountain terraces for future development, if so desired. Engaging in off-grid sustainability projects, hosting unique events, creating a private club, or appreciating a generational family investment are among the many options. The current owners recently modernized (2021) the 4, 200 sq. ft. chestnut post and beam/framed farmhouse, which is a lovely destination to live permanently, or an opportunity to live while your grand design takes shape. With the open floor plan with first floor master and 4 bedrooms upstairs with office, one can work remotely with high-speed internet during the day, and entertain in the setting sun. The beautifully graded 3 bed ranch/guest house, or rental, is in lovely condition with everything one would need with installed slab for a garage, expansive deck, with various trails connecting to the recently modernized board & batten main home and upper field, all of which is off the tranquil country road of Pangman. A lovely designed pond with bass and bird houses awaits, which allows nature to ebb and flow throughout the day. There is a covered garage, mulltiple sheds with electricity for equiptment/workshops, and enclosed garage. Owning approx. .5 mile of the Manorkill Stream frontage has its perks: private swimming and fishing holes, acting as a natural estate buffer. Wildlife abounds while traveling the approx. 10 miles of manicured trails, from the mountain pinnacle winding down the ridge with mature oaks, maple, ash, cherry, hickory, along with the sweeping pastures, meadows and fields that meander next to the year-round Manorkill stream. In addition, there is a comprehensive camera system enveloping the estate. Recreational endeavors include walking/hiking trails, snowshoeing, x-country skiing, hunting, fishing, equestrian and motorized sports. The diverse and dynamic land offers sustainable agricultural and farming opportunities, for gardening, food plots, orchards, as well as livestock and cattle. The development opportunity is highly feasible as well, with major upside in sud-division and lucrative merchantile lumber. Take in the local area, with a short 25 min drive to Windham Mt. Resort, the picturesque town of Schoharie, multiple golf courses, and the prestigious Long Trail connecting NJ to Maine. Forever wild land is also adjacent on the other side of the trail. This is truly a once-in-a-lifetime opportunity to own the one awe-inspiring estate, or with the additional acquisition of the adjacent farm/mountain estate for the prestigious title of owning one of the most dynamic, remarkable 500 acres enclaves that few can rival!