This charming cottage is nestled away on the crown of a hill, ready for a little TLC to make it a spectacular retreat, home or getaway overlooking the Chautauqua county rolling hills. Unique to this property is that it produces $7,000 per year passive income from a wind lease. The transmission line clips a corner of the property, but no windmill is on site. This cottage has a newer metal roof and siding and is designed with an open concept for the kitchen and great room, maximizing space. The lower level has an owner's bedroom with a large bathroom proximate to the kitchen. There is also a wood stove to keep the chills away and your heart warm. The upper level is a large space that can easily add two bedrooms for kids, guests, and more finished living space. A large metal garage is close to the cottage and has plenty of room for multiple vehicles and ATVs. The Southwest corner of the property has a small pond and from the entire western portion of the land, you can overlook West Mud Lake from this property's higher elevation. The views are awesome. If snowmobiling is a pastime you enjoy, the area is known for a robust trail network and is close to the property. With a little renovation savvy, this is a gem waiting to be polished into something special. Priced well to sell, and with income to help carry the costs, check this one out today! GMOs and wind rights convey, Lot dims: 838 ft road frontage x 1641 ft deep.