48 Old Lake ColbySaranac Lake, NY 12983




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$1,939Stunning 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.
a month ago | Listing updated with changes from the MLS® | |
a month ago | Price changed to $425,000 | |
2 months ago | Status changed to Active | |
5 months ago | Listing first seen on site |

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Last checked: 2025-06-18 08:53 AM UTC
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