FOR SALE
$459,000

48 Old Lake Colby
Saranac Lake, NY 12983

Listed by Engel & Volkers Lake Placid Real Estate - 5185234404
 7% Price Reduced
5
Bedrooms
2.5
Baths
2,900
Sqft
0.78
Acres
15
Days on Market
$159
Price Per Sqft.
7%
Price Reduction
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Property Description

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.

48 Old Lake Colby is a property for sale for $459,000 in Saranac Lake, NY 12983 and is part of Franklin County, NY . This home is 2,900 square feet and is located on a 0.78 acre lot and features 5 bedrooms and 2.5 bathrooms .

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Property Information
Stories Total
2
Rooms Total
16
0.78 Acres
Zip Code
12983
Water
Water Available
Lot Features
Trees, Private, Rolling Topography, Sloped Topography, Great View
Other Structures
Outbuilding
Tax Annual Amount
2900
Road Surface
Paved
Year Built
1920
Roof
Shingles
Location Information
State
NY
County
Franklin County
City
Saranac Lake
Building Information
5 Bedrooms
2 Full Bathrooms
1 Half Bathroom
Living Area
2, 300 sqft
Construction Materials
Cement Exterior, Clapboard, Frame
Architectural Style
Old Style
Interior Features
Dishwasher
Electric Range
Refrigerator
Washer
Floor Types
Carpet, Combination, Hardwood Flooring, Laminate Flooring, Linoleum, Vinyl Flooring
Security Features
Smoke Detector(s)
Beamed Ceilings
Ceiling Fans
Entrance Foyer
High Ceilings
In-law Apartment
Main Level Master Bedroom
General Information
Total Living Square Footage
2, 900
Exterior Features
Lighting
Private Yard
Patio & Porch Features
Enclosed, Porch, Porch
Fencing
Chain Link Fence, Front Yard Fence
Garage & Parking Information
Parking Information
Driveway
Utility Information
Heating Type
Fireplace, Gas Heating, Gas Heating, Separate Meters, Wall Furnance Heat
Sewer
Sewer
Utilities Available
Cable TV, Electricity Connected, Phone Connected, Sewer, Water Connected, Propane
Rooms Information
Bathrooms
3
Kitchen
9 x 8, Laminate
Living Room
22 x 9, Hardwood
Dining Room
12 x 12, Hardwood
Bedroom 2
22 x 9, Carpet
Bedroom 4
8 x 7, Hardwood
Bathroom 2
9 x 4, Laminate
Bathroom 3
8 x 9, Laminate
Bathroom 5
8 x 7, Hardwood
Den
10 x 8, Carpet
Laundry
6 x 6, Laundry Room

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Saranac Lake, NY 12983

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48 Old Lake Colby is a property for sale for $459,000 in Saranac Lake, NY 12983 and is part of Franklin County, NY . This home is 2,900 square feet and is located on a 0.78 acre lot and features 5 bedrooms and 2.5 bathrooms . Nearby schools include , , and . This address can also be written as 48 Old Lake Colby, Saranac Lake, NY 12983. This home has been listed on BoldPorch since Jan 16, 2025 BoldPorch last checked and updated this listing on Feb 07, 2025 at 7:37pm UTC .