2278 State Highway 28, Milford, NY 13820 | 131443 | HUNT Real Estate

2278 State Highway 28 $650,000


    2278 State Highway 28 Milford, NY 13820

    • 2,818 sq. ft.
    • 1.22 Acres
    • Commercial
    • MLS# 131443
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    Views: 17 Days On Site: 155

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    Property Details

    Description Tours

    Spectacular lakefront family compound, B&B or investment property. 325 feet of Goodyear Lake, lakefront property on over an acre of land. Minutes to either Oneonta or Cooperstown yet a lifetime away at this oasis. Built in 1901 it has had very few owners and was once used as an Olympic Kayak training center. This beauty has not been on the market for years and has been lovingly cared for and improved. It has operated for the last 11 years as a destination for weekly visitors. It will be sold turn key. Currently renting at $6200/week. Two seperate buildings built in a classic Adirondack lodge style. The main house features 3-- two bedroom suites. Originallydesigned for extended stays and steamer trunks, now booked to families for 7 day stays. There is a full length lakefront porch perfect for overflow or afternoon naps. The large first floor features a nicely laid out modern kitchen and an open great room with several seating areas and dining room. A/C is offered as well as a gas firelplace for cool evenings. 1st floor is completed by a spacious bath with radiant floor heat. Upstairs you will find the 6 bedrooms all with A/C and another full bath with new corner shower. Go down the stairs to lake level and find the 3rd bathroom with a classic claw foot tub (also radiant floor heat) and enjoy the full-length game room with 2nd gas fireplace, then walk out to the dock for boating, swimming or relaxing. Sit in the Adirondack chairs, dine by the water, enjoy the fire pit. The property also provides full laundry and a 2nd outside dining/grilling area. Dreaming of a B&B? The Boathouse is the perfect owner occupied residence! And yes, it really is a boathouse, orignally designed for caretaker or owner residence. Tidy and neat with kitchen, bath, small dining room and living room. The two spacious lakefront bedrooms are lovely. There is also a laundry closet so this property can be utilized completely independently from the Main House. Great screen porch and brnad new elevated deck area to enjoy the lake. Launch your boat from the downstairs lake access. This property has a great rental history netting anywhere from $50,000 to $70,000, really with just summer rentals. Current owner is booking into the shoulder season of fall. If you are looking for lakefront, a B&B that is currently making money, or just a family getaway...this property has so much to offer. Come fall in love!

    • General Features
      • Assessment 420000.00
      • Association Otsego-Delaware
      • Est Gross Income 55000.00
      • Est Net Expense 25000.00
      • Property Subtype 1 Commercial
      • Year Built 1901
      • Zoning Residential
    • Building Features
      • Construction Frame
      • Electric 150 Amp Service
      • Elevator No
      • Floors Tile,Wood
      • Foundation Block
      • Full Bathrooms 4
      • Half Bathrooms 0
      • Heat Cool Types Forced Air Heat, Gas Heating, Hot Water Heat, Oil Heating, Steam Heat, Wall or Window AC
      • Quarter Bathrooms 0
      • Roof Asphalt, Shingle
      • Three Quarter Bathrooms 0
    • Property Features
      • Acres 1.2200
      • Docks Yes
      • Lot Measurement Acres
      • Lot Size Source (Tax Records)
      • Lot Square Footage 53143.00
      • Parking 4-7
      • Sewer Septic System
      • Water Well



    13820 (Milford) Demographics

    30 Median Age
    205 Population Density (per sq. mile)
    48% College Educated
    $50,234 Estimated Median Income
    4,496 Estimated Total Home Owners
    3,202 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,070 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $189,000 Median Sales Price
    7 Homes Sold
    19 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $650,000
        11/18/2021 2:32:31 PM Status Changed Source: Multiple Listing Service New Value: Contingent
        6/28/2021 10:02:00 AM New in Database Source: Multiple Listing Service New Value: $650,000

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        Ostego-Delaware MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.