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48 Old Lake Colby, Saranac Lake, NY 12983

Local realty services provided by:CENTURY 21 TheOne
48 Old Lake Colby,Saranac Lake, NY 12983
$399,000
  • 5 Beds
  • 3 Baths
  • 2,900 sq. ft.
  • Single family
  • Active
Listed by: lisa mckennacolleen.holmes@evrealestate.com
Office: engel & volkers lake placid real estate
MLS#:203773
Source:NY_ACVMLS

Price summary

  • Price:$399,000
  • Price per sq. ft.:$137.59

About this home

Stunning stately 1920's home situated at the crest of a hill over looking the wooded area toward Lake Colby beach. The Main home used to be a two until but currently is used as a 5 bedroom 2.5 baths. It has a beautiful stone fireplace, with high beamed ceilings and lovely archways separating the rooms. The kitchen still remains on the second floor, so it could easily be converted back to a rental unit for a total of 4 units. The back 2 story unit has 2/one bedroom apartments on month to month leases which rent for $450 each, with tenants paying their own elec. and propane heat. What a great opportunity to own a large family home and have income to help pay the mortgage taxes and maintenance. A short distance to the rail trail, the beach and downtown Saranac Lake. Just minutes to AMC if you want to be close to work.

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Home facts

  • Year built:1920
  • Listing ID #:203773
  • Added:376 day(s) ago
  • Updated:January 28, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:2,900 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:2,900 sq. ft.
  • Lot area:0.78 Acres

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$137.59
  • Tax amount:$2,900

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