Lake George, NY 12845

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 5.7 Acres

Financials

Price:$1,800,000
Annual Taxes:$8,998
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Hudson Valley

Investor Opportunity in Lake George.

Description

Investor Opportunity in Lake George. Just drastically reduced for quick sale. Financing Available with 40% down payment. The Gold Eagle is for sale, a rare opportunity to own a well-established seasonal rental property in one of New York's most sought-after vacation destinations. The Gold Eagle has been family owned and operated for over 20 years and offers a proven setup for summer rental income, located just 1/2 mile from the Village of Lake George. The property includes a 4-bedroom, 2-bath main house with year-round living, featuring a living room with wood stove, dining area, kitchen, office/check-in space, and ample storage for cabin supplies/laundry area. In addition, the property boasts 15 seasonal rental cabins, each equipped with a kitchenette (most cabins propane cooking, just two cabins have electric stove), private front deck, and views toward Lake George across the street. Amenities include an in ground pool, small playground area, bbq grills, outdoor furniture throughout the grounds, and plenty of parking for guests. Storage sheds, a one-car garage at main house, and a gas golf cart (included) to support efficient property management. Situated on three lots totaling 5.67 acres, this property offers room for future expansion. Cabins operate seasonally from Memorial Day through Labor Day, while the main house is set up for year-round use.

Amenities

  • Cable Connected
  • Ceiling Fan(s)
  • Dishwasher
  • Dryer
  • Gas Range
  • High Speed Internet
  • In Ground Pool
  • Lake
  • Laundry
  • Lobby
  • Microwave
  • Mountain(s)
  • Natural Gas Connected
  • Part Wooded
  • Paved
  • Phone Connected
  • Propane
  • Refrigerator
  • Rolling Slope
  • Smoke Detectors
  • Views
  • Washer

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.