7 Covered Bridge Lane, Jay, NY 12941 | MLS #202615965 | HUNT Real Estate
 
  • 62 days on site
  • 2 views

Opportunity awaits at 7 Covered Bridge Lane in Jay, NY. This 3-bedroom, 1.5-bath home offers 1,508 sq ft of living space and presents an excellent opportunity for buyers looking to renovate, invest, or create a year-round Adirondack retreat. Built in 1988, the property features public water, a cozy fireplace, and a flexible floor plan with potential for a 4th bedroom, home office, guest suite, or accessory dwelling unit possibilities (buyer to verify approvals with the Town of Jay). Jay has shown support for expanding housing options, making this an attractive consideration for buyers exploring future ADU or in-law apartment use. The home has already seen some improvements, including portions of the subfloor replaced. Electric is on, the property has been cleaned out, and it is ready for the next owner's updates and vision. Conventional financing may be possible depending on lender guidelines, and renovation or hard money financing options may also be available. Set in a desirable Adirondack location, this property is just minutes from Whiteface Mountain, Lake Placid, the Ausable River, hiking trails, skiing, fishing, paddling, and year-round recreation. Enjoy the charm of being near the historic covered bridge and scenic waterfront area at the end of the road. A nearby park offers tennis courts, open green space, and fishing access, adding to the appeal for both full-time residents and vacation guests. Whether you are seeking a primary residence, second home, investment property, vacation rental candidate, or value-add renovation project, this property offers multiple paths to ownership and future upside. The combination of location, utility access, layout flexibility, and proximity to outdoor attractions makes this a rare chance to buy in Jay, NY with room to add value over time. Bring your ideas and unlock the potential of this Adirondack opportunity.

Source: Global MLS, MLS#: 202615965

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  • Property Type
    Residential
  • Lot
    0.30 acres

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  • Median Age
    48
  • Population Density
    34
  • College Educated
    46%
  • Estimated Median Income
    $77,700
  • Estimated Total Home Owners
    555
  • Estimated Total Renters
    39
  • Owner / Renter Divide
    93% / 7%
  • Estimated Average Household Size
    2
  • Total Population
    1,402
  • 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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