Indeed... My River property is partially an inheritance, to which I purchase later, the neighboring surrounding properties as they came available. Now there is a cabin on it, but the cabin has little value as a home, but well worth more then it's cost as a Hunting River Cabin.
My place in the mountains, was land that nobody wanted, which was next to a noisy, dusty, quarry - so I got it for next to nothing... The Quarry closed about 3 years after I purchased my land... which in the last 10 years, has become a beautiful lake, which coincidentally, became some 1/4 mile of lake front off of one corner of my property. I'm not complaining about the prospective value that created.