491 County Route 47, Saranac Lake, NY 12983
491 County Route 47, Saranac Lake, NY 12983
491 County Route 47, Saranac Lake, NY 12983
491 County Route 47, Saranac Lake, NY 12983
491 County Route 47, Saranac Lake, NY 12983
491 County Route 47, Saranac Lake, NY 12983
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$425,000

$499,000

14.8%
Est.Price: ?

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Est. payment /mo

8 Beds

7 Baths

1,600 SqFt


SOLD DATE : 08/15/2025

Key Details

Sold Price $425,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $265

MLS Listing ID 204526

Sold Date 08/15/25

Style Adirondack,Cottage

Bedrooms 8

Full Baths 7

Abv Grd Liv Area 1,600

Year Built 1941

Annual Tax Amount $3,961

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type Single Family Residence

Source Adirondack-Champlain Valley MLS

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.

Location

State NY

County Franklin

Direction Rt 86 pass Adirondack Medical Center. Turn into Hillman Cottages on the right. There is a RE Sign

Rooms

Basement Unfinished, Walk-Out Access

Interior

Window Features Double Pane Windows

Appliance Dryer, Electric Range, Range, Refrigerator, Washer/Dryer

Laundry In Basement

Exterior

Garage Spaces 1.0

Utilities Available Cable Connected, Internet Connected, Water Connected, Underground Utilities

View Neighborhood, Trees/Woods

Roof Type Asbestos Shingle,Metal

Street Surface Gravel

Road Frontage Highway

Garage Yes

Building

Foundation Stone

Sewer Cesspool, Septic Tank

Water Public

Architectural Style Adirondack, Cottage

Schools

School District Saranac Lake

Others

Senior Community No

Tax ID 435.4-2-2

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Marie Wigger Morgan • Merrill L. Thomas, Inc.

Nearby Locations

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Jonathan Gorgas
Jonathan Gorgas

Licensed Real Estate Salesperson | Lic# 10401292481

+1(518) 637-2873

10288 State Route 3, Vermontville, NY, 12989, USA

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