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Gabriels See all listings

816 State Route 86, Gabriels, NY 12939

$950,000

MLS# 201976

1 bed

1 bath

11.92 acres

800 sq. ft

Listing Courtesy of: Merrill L. Thomas, Inc.

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Portrait of Kelly Locke

Kelly Locke

518-524-1338

[email protected]

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Overview

Picturesque and rare development opportunity in the heart of the Adirondacks. Located in the hamlet of Gabriels, tucked between Paul Smiths and Saranac Lake- this 11+ acre compound consists of 4 APA approved building lots, 2 scenic ponds, and a cottage.

While only minutes away from idyllic Saranac Lake and renowned Lake Placid, this setting affords tranquility while conveniently surrounded by the best of what the Adirondacks have to offer. Minutes to museums, eateries, hiking, boating, fishing, skiing, and shopping. Whether you enjoy snowmobiling, cross country skiing, or country walks- this land is located a stone’s throw to a number of trails.

Develop your dream compound tucked into nature, or capitalize on this excellent investment opportunity- possibilities are abound! Enjoy fishing directly from your own private ponds, spending evenings gazing at night skies untouched by city lights, or a day exploring all the area has to offer- this opportunity won’t last!

Currently a single, 11+ acre parcel, the future purchaser would have the option to subdivide. The portion of the land that borders Route 86 would be ideal for a commercial business, or duplex/triplex.

*NOTE: Commercial/Residential lot that boarders Rt. 86 can be sold separately for $149,000. Main parcels with ponds, $800,000. Seller is currently finalizing subdivision plans. Updated listings to come.

Details & Amenities

Listing Details

  • MLS #: 201976
  • Status: Active
  • Date Listed: 05-30-2024
  • Bedrooms: 1
  • Bathrooms: 1
  • Sq. Ft: 800
  • Acreage: 11.92
  • Seasonal Property: No
  • Listing Agent: Kelly Locke
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Bathrooms – Full: 1

Exterior & Lot Features

  • County: Franklin
  • Town: Gabriels
  • School District: Saranac Lake
  • Views: Forest, Hills, Lake, Meadow, Mountain(s), Panoramic, Pond, Ridge, Rural, Skyline, Trees/Woods, Water
  • Lot Features: Lake On Lot, Meadow, Open Lot, Private, Subdivided, Views, Waterfront, Wetlands, Wooded
  • Lot Size Area: 11.92
  • Waterfront Features: Pond

Building & Construction

  • Tax Map #: 397.-1-1.100
  • Annual Taxes: $5,680
  • Year Built: 2019
  • Electric AMP: 200+ Amp Service
  • Architectural Style: Camp