1. New York
  2. Saranac Lake
  3. 491 County Route 47
$499,000

491 County Route 47, Saranac Lake, NY 12983

  • 8 beds |
  • 7 baths |
  • 1,600 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon1.5acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $312/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

A rare and highly flexible investment opportunity in the Harristown area of Saranac Lake, Hillman's Cottages offers a private compound of seven total units with zoning that allows for unlimited short-term rentals — and without the burden of village taxes. Set on a quiet, wooded lot, the property includes a charming main residence with a separate upstairs one-bedroom apartment, plus six detached cottages — a mix of one- and two-bedroom units. One year-round cottage is currently leased on a long-term basis, while the other seasonal cottages are rented monthly in the summer. Whether you're looking to live on-site while generating income, host guests seasonally, or run a year-round rental business, Hillman's Cottages offers the perfect blend of flexibility, privacy, and income potential.

Listing Status:
Active
Date Added:
May 13, 2025 at 05:00AM
Listing Office:
Merrill L. Thomas, Inc. : 518-523-2519
Listing Agent:
Marie Wigger Morgan : 518-524-6757
MLS ID:
204526
  • Appliances: DryerElectric RangeRangeRefrigeratorWasher/Dryer
  • Laundry: In Basement
  • Basement: UnfinishedWalk-Out Access

This listing courtesy of Marie Wigger Morgan, Merrill L. Thomas, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Petrova Elementary School

79 Canaras Ave, Saranac Lake, NY, 12983

Grades KG-5

1.90 miles away

S

Saranac Lake Middle School

79 Canaras Ave, Saranac Lake, NY, 12983

Grades 6-8

1.90 miles away

S

Saranac Lake High School

79 Canaras Ave, Saranac Lake, NY, 12983

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.