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  • $269,000

    1082 State Route 86, Ray Brook, NY 12977

    2beds
    642sqft
    Single Family Residence
    Built in 1975
    0.30 Acres lot
    $270,100 Zestimate®
    $419/sqft
    $-- HOA

    What's special

    This recently renovated cottage in Ray Brook, NY is already a successful short-term rental and a great investment opportunity. With mixed commercial zoning, a new owner can apply for a permit with the Town of Elba to continue renting. The current owners are also open to managing the rental for a fee, making for a smooth transition. Located between Lake Placid and Saranac Lake, guests love the easy access to both towns while being just steps from the Rail Trail, perfect for biking, hiking, and walking. The outdoor space is just as inviting, featuring a 10x12 deck with patio furniture and a 10x10 stone patio with a fire pit and additional seating—ideal for relaxing after a day of exploring. This turnkey rental is in a prime location with a proven track record—don't miss out on this unique opportunity! Outdoor enthusiasts will love the walking-distance access to the scenic Rail Trail, a premier spot for hiking, biking, and leisurely walks through the breathtaking Adirondack landscape. Whether catering to travelers seeking adventure or those looking for a peaceful retreat, this charming cottage offers endless potential. Don't miss out on this prime investment opportunity in one of the most sought-after locations in the Adirondacks!

    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 03:27pm

    Listed by:

    Kelsey Cassidy,

    Merrill L. Thomas, Inc.

    Bought with:

    Madison Ketcham, 10401370747

    Coldwell Banker Whitbeck Assoc-Saranac Lake

    Source: ACVMLS,MLS#: 204069MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Bedroom 2
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 8 x 9
    Bathroom
    • Level: First
    • Area: 60 Square Feet
    • Dimensions: 10 x 6
    Dining room
    • Level: First
    • Area: 128 Square Feet
    • Dimensions: 16 x 8
    Kitchen
    • Level: Lower
    • Area: 90 Square Feet
    • Dimensions: 15 x 6
    Laundry
    • Description: basement
    • Level: Lower
    • Area: 128 Square Feet
    • Dimensions: 8 x 16
    Living room
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 16 x 12
    Heating
    • Baseboard, Electric, Oil
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer, Water Heater
    • Laundry: In Basement, Laundry Room
    Features
    • Flooring: Hardwood, Luxury Vinyl
    • Basement: Unfinished
    Interior area
    • Total structure area: 842
    • Total interior livable area: 642 sqft
    • Finished area above ground: 642
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Direct Access, Driveway, On Site
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Rear Porch
    • Exterior features: Fire Pit, Private Yard, Storage
    • Spa features: None
    • Fencing: Fenced
    • Frontage type: Other
    Lot
    • Size: 0.30 Acres
    • Features: Back Yard, Level, Wooded
    • Topography: Level
    Details
    • Additional structures: Garage(s)
    • Parcel number: 41.715.000
    • Zoning: Commercial
    • Other equipment: Fuel Tank(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Clapboard
    • Foundation: Block
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Available, Internet Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Ray Brook

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
    Services availability