$ 359,000
-
$359,000
Price -
4
Bed -
3
Bath -
2,510
SqFt -
0.78
Acre
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About the Listing o2429A - 24361
Step into the timeless charm of 48 Old Lake Colby Road, where vintage character meets flexible, incomeproducing potential. This classic old-style main home, paired with a cozy rental cabin, offers an exceptional opportunity for both comfortable living and savvy investing. The main residence welcomes you with warm wood tones, a graceful layout, and a sense of history you can feel the moment you cross the threshold. Sunlight filters through the windows, reflecting off original details and drawing you toward the inviting fireplace—perfect for gathering on cool Adirondack evenings. With four bedrooms and 2.5 bathrooms, the home is thoughtfully arranged into two distinct living spaces: an upper and a lower level, each with its own character and privacy. Envision multigenerational living, a private owner's retreat with a guest suite, or a combination of personal use and rental income. Set just beyond the main home, the charming cabin offers two separate apartments, each with its own entrance, two bedrooms, and two bathrooms in total. Currently rented and producing $875/month, these units generate immediate income while you explore even more possibilities—longterm tenants, travel nurses, or shortterm guests seeking a peaceful retreat near Saranac Lake's lakes, trails, and village amenities. Surrounded by the scent of pine and the quiet rustle of the trees, this property feels like a tuckedaway haven yet remains close to everything you need. Picture crisp mornings with a mug of coffee by the fire, evenings spent under starstudded skies, and weekends exploring the Adirondacks knowing your investment is working for you. 48 Old Lake Colby Road is more than a home; it's a flexible, incomegenerating property infused with warmth, character, and opportunity—ready for its next chapter with an owner who sees its full potential.
Listing Highlights for 48 Old Lake Colby Rd
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances: Electric Oven, Refrigerator, Washer/Dryer
- Air Cond:
- Heating: Propane
- Fireplaces: 1, Living Room
- Floor: Carpet,Hardwood
- Above Ground Sq Ft: 2510
- Basement: Sump Pump
- Other:
- Water: Public
Exterior Details
- Lot Description: Private,Road Frontage,Sloped,Wooded
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $3,829
- Taxes w/Assessments: N/A
- Tax/Property ID: 164601 446.52-1-6
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
48 Old Lake Colby Rd Saranac Lake, NY 12983
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