$425,000
$499,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
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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