1525 U.S. 9, Schroon Lake, NY 12870 | MLS #202617326 | HUNT Real Estate
 
  • 45 days on site
  • 3 views

Welcome to the Adirondack lifestyle investment buyers dream about. Positioned along Route 9 in Schroon Lake, this turnkey hospitality property blends classic Adirondack charm with exceptional income and expansion potential in the heart of one of the region's most beloved four-season destinations. Offering 9 bedrooms and over 4,000 square feet, the property is designed for gathering, relaxing, and creating unforgettable guest experiences. Mornings begin on the sunny porch with coffee in hand, afternoons are spent enjoying the gazebo and Adirondack air, and evenings invite guests to unwind after a day exploring the mountains and lake. Fully operational and turnkey, the next owner can literally walk in and begin taking reservations that same day. What truly sets this opportunity apart is the future potential. The additional lot opens the door for significant expansion possibilities -- envision a resort-style pool oasis, an additional 4,000 sq ft residence, or the opportunity to add up to ten additional 400 sq ft rental units (pending approvals). Whether your vision is a boutique inn, luxury vacation compound, thriving short-term rental business, or hospitality retreat, the groundwork is already here. Guests will love being just minutes from the Schroon Lake public beach, local pubs, restaurants, shops, golf, hiking trails, boating, skiing, and snowmobile routes, offering true four-season recreation right outside the door. Properties that combine immediate income, Adirondack character, and large-scale future opportunity are increasingly rare -- and this one delivers all three. Both lots included in sale 136.3-1-26 and 27

Source: Global MLS, MLS#: 202617326

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  • Property Type
    Residential
  • Lot
    2.35 acres

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  • Median Age
    49
  • Population Density
    15
  • College Educated
    47%
  • Estimated Median Income
    $50,800
  • Estimated Total Home Owners
    625
  • Estimated Total Renters
    161
  • Owner / Renter Divide
    80% / 20%
  • Estimated Average Household Size
    2
  • Total Population
    1,736
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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