$145,000 for 7.47 Acres With a Stream in Upstate New York — A Farmhouse That Earns Its Price

A stream-fed property in upstate New York for under $150,000 sounds like something you’d find five years ago. This 1928 farmhouse in Afton is proof those deals still exist — if you know where to look.

The Land

Seven and a half acres with a stream running along the right side and across the back of the property. That’s not a seasonal trickle — it’s a year-round water feature that shapes the entire character of the land. The listing notes water views from the property, and the stream access opens up possibilities for fishing, irrigation, or simply having moving water as the backdrop to daily life. Mature shade trees frame the acreage, and the setting leans firmly toward the kind of rural privacy that’s genuinely hard to find this close to a functioning small town.

The House

Built to Last

The farmhouse dates to 1928 — nearly a century old — and the kind of frame construction from that era tends to be solid in ways that newer builds aren’t. At 1,505 square feet across two stories, the layout gives you a bedroom and full bath on the main level, with two more spacious bedrooms upstairs featuring brand new carpeting. Hardwood floors run through the lower level, and the overall feel is warm and lived-in without feeling neglected.

The Great Room and Fireplace

The heart of the home is a great room that combines the dining room, living room, and front entry into one connected space centered around a large brick fireplace with a wood stove insert. In an upstate New York winter, that fireplace isn’t decorative — it’s functional, efficient, and the kind of feature that makes a cold evening genuinely comfortable. The oil forced-air system handles the rest of the heat load.

Extras Worth Noting

A mudroom off the back door handles the transition from outdoors to in, which matters on a rural property through mud season. There’s also a bonus room that could serve as a laundry room, office, or storage space. Outside, a large insulated shed with its own electric service and propane heater gives you year-round workspace — whether for tools, a workshop, or equipment storage. The electric service to the main house runs 200 amps, which is solid capacity for a property this age.

The Area

Afton sits in Chenango County in the Southern Tier of New York, a rural stretch of the state that doesn’t get the attention the Catskills or Finger Lakes do, but offers some of the most affordable land values in the entire Northeast. The town itself is small and quiet, with the basics covered locally. Oneonta — a small city with a hospital, a state university, and a full range of services — is about 25 minutes west. Binghamton is roughly 45 minutes to the east. For anyone looking to escape the Hudson Valley or the suburbs of New York City without leaving the state entirely, this corridor offers real value.

The Bottom Line

A stream-running property on 7.47 acres with a 1928 brick-fireplace farmhouse, insulated shed, and solid bones — all for $145,000 in New York. Cash only, sold as-is, which keeps the competition limited and the negotiating room real. If you’ve been priced out of everywhere else in the Northeast, Afton is worth a serious look.

Full photos and current listing details are below.

→ View the full listing on Zillow

Listing details, price, and availability may change. Always verify the most current information directly on the official listing page.