Home For Sale

Picture of Home For Sale in Schuylerville, New York, United States

$799,000

116 Nys Rt # 32
Schuylerville, New York, United States

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Listed By: Realtyww Info

Listed On: 07/19/2024

Listing ID: GL11908011 View More Details

Description

This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District, ' encouraging higher density development and increasing its overall potential. Please go to the ''Supplemental'' section of the MLS for additional details and links to AirBnB listings. The Farmhouse at Saratoga Overview This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District, ' encouraging higher density development and increasing its overall potential. Farmhouse at Saratoga - H2 - Airbnb Farmhouse at Saratoga - Hi - Vintage - Airbnb Farmhouse The farmhouse spans approximately 3, 484 square feet, blending historic charm with modern updates including new plumbing and electrical systems. It is divided into four 1-bed/1-bath units. Two units have been beautifully renovated and are fully active on Airbnb demonstrating strong occupancy during peak summer and off-season periods. The remaining two units are approximately 70% finished, offering a prime opportunity for personal customization or completion to double rental income from the farmhouse. Mobile Home Park The Mobile Home Park sits on just under 2 acres and is comprised of 6 pads, with five currently occupied and one vacant. One mobile home is owned by the park owner, while the remaining four occupied pads are owned by residents, with an onsite Park Manager residing in the owner's mobile home. Under current ownership, rents have remained unchanged and are significantly below market rates, presenting a clear opportunity for additional income. The park is grandfathered in so can remain as such, or be transitioned to other single or multi-family scenarios. Vintage Red Barn There is a large onsite 1800s barn, approximately 33ft x 60ft, with 3 bays on the main floor and a second-floor loft believed to have been an old 'millhouse.' This unique and versatile structure offers numerous possibilities for traditional horse/ animal sheltering, storage, workshop, arts and craft studio and/or other creative endeavors. Village Extension District (VED) This property is extremely unique in that the 3000 feet of road frontage and associated land sits inside the Village Extension District which provides opportunity to build multi-family units depending on configuration. Farmland The property offers many opportunities to enjoy the vast acreage including approximately 12 acres of tillable farmland, waterfront on the Fish Creek and back country for hiking and/or hunting.

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Listed by: Jerid Meagan