48 Old Lake Colby, Saranac Lake, NY 12983

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$459,000

bedrooms

bathrooms

square feet

2,300

Acreage

0.78

Open Houses

year built

1920

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Franklin
Elementary School	-
Middle School	-
High School	-

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Driving directions

Open houses

None scheduled.

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MLS number: 203773

Listing agent: Lisa Mckenna

Listing broker: Engel & Volkers Lake Placid Real Estate (518) 523-4404

Copyright © 2025 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, March 25 2025 at 1:12 p.m. EDT

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