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Inlet See all listings

402, 407 State Route 28, Inlet NY 13360

$2,250,000

MLS# 177488

5 acres

8,650 sq. ft

Listing Courtesy of: Timm Associates Sotheby's International Realty-BML

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Portrait of Whit Bissell

Whit Bissell

518-524-4079

[email protected]

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Overview

This waterfront cottage colony and motel has been in business for decades and has plenty of repeat clientele. The maintenance and condition is excellent. Divided into two parcels, one on each side of Route 28, the major route through the Adirondack Park, the 10 unit motel, owner’s home and 1 cabin sit on the south side. On the north side are 5 more rental units and over 300′ of gentle shoreline and beach on Seventh Lake. All rental units and motel are ready for year round use and all the cabins have winter rentals established. The owner’s home is a ranch style home with full basement, 2 garages and sits in an area separate from the motel but close enough for attention to all details. Besides the lake and water activities, a snowmobile trail from the lake to all trails in the town of Inlet comes right next to the property which makes it desirable. The Inlet Golf Course is nearby as well as all the activities that the town has to offer; shops, dining, tennis, ball park, and playground.

Details & Amenities

Listing Details

  • MLS #: 177488
  • Status: Active
  • Date Listed: 10-12-2022
  • Days On Market: 3
  • Sq. Ft: 8,650
  • Acreage: 5
  • Business Type: Commercial/Residential, Hotel/Motel
  • Seasonal Property: No
  • Listing Courtesy of: Timm Associates Sotheby's International Realty-BML

Interior Features

  • Basement: Full, None
  • Heating Type: Above Ground Tank, Propane, Hot Air
  • Air-conditioning Type: Wall Unit(s)

Exterior & Lot Features

  • Area: None
  • County: Hamilton
  • Town: Inlet
  • Township: Inlet
  • School District: Inlet
  • Views: Lake
  • Lot Features: View Mountains
  • Lot Size Area: 5
  • Total Parking: 50
  • Road Type: Gravel
  • Sewer: Septic Tank
  • Body of Water : Seventh Lake
  • Waterfront Features: Lake Front
  • Frontage: Road Frontage(453), Water Frontage(300+ Or-)
  • Zoning Description: Mixed

Building & Construction

  • Tax Map #: 60.01388.1 60.013111.21
  • Annual Taxes: $17,400
  • Year Built: 1999
  • Parking Features: Private, Parking Lot
  • Exterior Siding: Frame, Wood, Vinyl
  • Roof Type: Metal
  • Foundation Details: Block
  • Electric AMP: 200+ Amp Service
  • Water Source: Well Drilled