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Saranac Lake See all listings
48 Old Lake Colby, Saranac Lake, NY 12983
$495,000
MLS# 203742
0.78 acres
2,300 sq. ft
Listing Courtesy of: Engel & Volkers Lake Placid Real Estate
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Overview
Stunning stately 1920’s home situated at the crest of a hill over looking the wooded area toward Lake Colby beach. The Main home used to be a two until but currently is used as a 5 bedroom 2.5 baths. It has a beautiful stone fireplace, with high beamed ceilings and lovely archways separating the rooms. The kitchen still remains on the second floor, so it could easily be converted back to a rental unit for a total of 4 units. The back 2 story unit has 2/one bedroom apartments on month to month leases which rent for $450 each, with tenants paying their own elec. and propane heat. What a great opportunity to own a large family home and have income to help pay the mortgage taxes and maintenance. A short distance to the rail trail, the beach and downtown Saranac Lake. Just minutes to AMC if you want to be close to work.
Details & Amenities
Listing Details
- MLS #: 203742
- Status: Active
- Date Listed: 01-10-2025
- Sq. Ft: 2,300
- Acreage: 0.78
- Seasonal Property: No
- Listing Agent: Lisa McKenna
- Listing Courtesy of: Engel & Volkers Lake Placid Real Estate
Interior Features
- Basement: Concrete, Sump Pump
- Heating Type: Fireplace(s), Oil, Propane, Separate Meters, Wall Furnace
- Air-conditioning Type: None
Exterior & Lot Features
- Area: None
- County: Franklin
- Town: Saranac Lake
- School District: Saranac Lake
- Views: None
- Lot Features: Many Trees, Private, Rolling Slope, Sloped Up, Views
- Lot Size Area: 0.78
- Other Structures: Outbuilding
- Patio & Porch Features: Enclosed, Front Porch, Rear Porch
- Road Type: Paved
- Sewer: Public Sewer
Building & Construction
- Tax Map #: 446.-52-1-6
- Annual Taxes: $2,900
- Year Built: 1920
- Parking Features: Driveway
- Exterior Siding: Cement Siding, Clapboard, Frame
- Roof Type: Shingle
- Foundation Details: Poured
- Electric AMP: 200+ Amp Service
- Water Source: Public
- Architectural Style: Old Style
- Home Levels: Two
- Window Features: Double Pane Windows, Vinyl Clad Windows
