Rare opportunity to own four beautifully maintained year-round log cottages perfectly set along the tranquil shores of Lake Colby. With outstanding rental income over $200,000 annually a new owner has an opportunity to enjoy their property but also have this fantastic investment. Each cottage had many updates to include new roofs, windows, flooring, appliances, furniture and mini-split systems with smart thermostats. A full list of updates will be provided. Two cottages offer 2 bedrooms, while two feature 1 bedroom, each with its own fireplace, perfect for cozy evenings by the lake. The shoreline offers a sandy beachfront, private docks and expansive decks that capture evening sunset views over the water. Being sold fully furnished and turnkey, this property presents an exceptional opportunity, whether you are seeking extremely strong vacation rental income or envisioning a private family compound to gather and make memories. Ideally located just a short walk from town, you will have easy access to dining, shopping and entertainment while enjoying the peace and beauty of lakeside living. Outdoor security camera present.
Sold for $1,300,000
$1,300,000
28 Moir Rd, Saranac Lake, NY 12983
--beds
0baths
3,000sqft
Quadruplex
Built in 1955
-- sqft lot
$-- Zestimate®
$433/sqft
$1,688 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,688/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: January 20, 2026 at 05:58am
Listed by:
Beth Hall,
Adirondack Premier Properties Berkshire Hathaway HomeService
Bought with:
Beth Hall, 10401275077
Adirondack Premier Properties Berkshire Hathaway HomeService
Source: ACVMLS,MLS#: 206171
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Heat Pump, Oil, Propane
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Dryer, Gas Range, Microwave, Refrigerator, Washer
- Laundry: In Basement
Features
- Granite Counters, Ceiling Fan(s), High Speed Internet, Natural Woodwork, Master Downstairs, Smart Thermostat, Storage
- Flooring: Combination, Wood
- Windows: Double Pane Windows
- Basement: Exterior Entry,Sump Pump,Unfinished
- Number of fireplaces: 4
- Fireplace features: Propane
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway
- Uncovered spaces: 8
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Porch
- Exterior features: Dock, Fire Pit, Lighting, Outdoor Grill, Private Yard, Storage
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Beach Front, Lake, Restricted HP, Waterfront
- Body of water: Lake Colby
- Frontage type: Lakefront,Waterfront
Lot
- Size: 0.73 Acres
- Features: Landscaped, Level, Many Trees, Private, Views, Waterfront
- Topography: Level
Details
- Additional structures: Shed(s), Storage
- Parcel number: 446.123
- Zoning: Residential
- Other equipment: Dehumidifier
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Adirondack,Cabin,Log Cabin
- Property subtype: Quadruplex
Materials
- Log
- Foundation: Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: 440 Volts
- Sewer: Public Sewer
- Water: Other
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Sewer Connected, Propane
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Saranac Lake
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $1,300,000-6.8%$433/sqft |
Source:  ACVMLS #206171 Report a problem | ||
| 1/2/2026 | Pending sale | $1,395,000$465/sqft |
Source: ACVMLS #206171 Report a problem | ||
| 11/4/2025 | Listed for sale | $1,395,000+132.5%$465/sqft |
Source: ACVMLS #206171 Report a problem | ||
| 3/19/2019 | Sold | $600,000+31.9%$200/sqft |
Source: ACVMLS #164467 Report a problem | ||
| 4/17/2015 | Sold | $455,000$152/sqft |
Source: ACVMLS #150750 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $415,000 |
| 2023 | -- | $415,000 |
| 2022 | -- | $415,000 |
Find assessor info on the county website
Neighborhood: 12983
Nearby schools
GreatSchools rating
- 4/10Petrova Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Saranac Lake Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Saranac Lake Senior High SchoolGrades: 9-12Distance: 0.9 mi
- New York
- Franklin County
- Saranac Lake
- 12983
- 28 Moir Rd