1732 Goodnow Flow Road, Newcomb, NY 12852

On one of the quietest lakes in the Adirondacks -- private, tucked well back from the world -- this is a rare shot at affordable waterfront on Goodnow Flow. The shoreline here is shallow and sandy, with lily pads, wildlife, and a quiet little bay that sees more herons than boats. Across the water, the mountains rise beyond the Flow, and with no public access, the lake's character has stayed much the same for generations. The house itself is a project. Built in 1997, two bedrooms, one bath, full basement, heated by a wood stove. The foundation needs serious work -- the roadside wall is bowing in -- and the septic has a problem that shows up in spring. Whether you restore what's here or start fresh, the real opportunity is the setting. Ownership includes membership in the Goodnow Flow Association, which maintains the boat launch and dam and leases roughly 8,000 acres of surrounding forest for members. The lake's limited to 10-horsepower motors, keeping it quiet for paddling, fishing,...