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Saranac Lake See all listings
491 County Route 47, Saranac Lake, NY 12983
$499,000
MLS# 204526
8 bed
7 bath
1.5 acres
1,600 sq. ft
Listing Courtesy of: Merrill L. Thomas, Inc.
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Overview
A rare and highly flexible investment opportunity in the Harristown area of Saranac Lake, Hillman’s Cottages offers a private compound of seven total units with zoning that allows for unlimited short-term rentals — and without the burden of village taxes.
Set on a quiet, wooded lot, the property includes a charming main residence with a separate upstairs one-bedroom apartment, plus six detached cottages — a mix of one- and two-bedroom units. One year-round cottage is currently leased on a long-term basis, while the other seasonal cottages are rented monthly in the summer.
Whether you’re looking to live on-site while generating income, host guests seasonally, or run a year-round rental business, Hillman’s Cottages offers the perfect blend of flexibility, privacy, and income potential.
Details & Amenities
Listing Details
- MLS #: 204526
- Status: Active
- Date Listed: 05-13-2025
- Bedrooms: 8
- Bathrooms: 7
- Sq. Ft: 1,600
- Acreage: 1.5
- Seasonal Property: No
- Listing Agent: Marie Wigger Morgan
- Listing Courtesy of: Merrill L. Thomas, Inc.
Interior Features
- Bathrooms – Full: 7
- Basement: Unfinished, Walk-Out Access
Exterior & Lot Features
- County: Franklin
- Town: Saranac Lake
- Township: Harrietstown
- School District: Saranac Lake
- Views: Neighborhood, Trees/Woods
- Garage Spaces: 1
- Lot Size Area: 1.5
- Other Structures: Shed(s)
- Road Type: Gravel
- Sewer: Cesspool, Septic Tank
Building & Construction
- Tax Map #: 435.4-2-2
- Annual Taxes: $3,962
- Year Built: 1941
- Roof Type: Asbestos Shingle, Metal
- Foundation Details: Stone
- Electric AMP: 200+ Amp Service
- Water Source: Public
- Architectural Style: Adirondack, Cottage
- Window Features: Double Pane Windows
