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For Sale

40 Lake Street
Cooperstown, NY 13326

Bed 5 br
Bathroom 4.5 ba
Sqft 5,063 sqft
Averill Cottage, a historic and luxurious five bedroom home was built in 1793. This stunning property sits on over two acres with rolling lawns to the 225 feet of Otsego Lake direct frontage. A block from Main Street, situated up from the street and framed with a stone wall and flagstone steps, the main entrance is inviting, yet private. Spanning over 5,000 square feet, this magnificent waterfront residence graced by ten-foot ceilings, cherry parquet floors and floor to ceiling windows is a haven for gazing at Otsego Lake from multiple vantage points. Dutch doors open to the foyer, with the original pine stairway and plaster walls. The front parlor, with bookshelves behind paneled closets, working fireplace and original arched parlor doors, leads to a formal elegant dining room. The room is inviting with a fireplace and a beautiful Bay window with breathtaking panoramic views of Otsego Lake. The addition, added in 1980, opens to a kitchen keeping great room with dining and glass oversized sliding doors to the expansive rear porch. The porch is perfect for entertaining, originally added in 1980, the porch has recently been completely refurbished. This room offers built-in sideboards, recessed lighting, skylights, exposed beams, tiled and wood floors, and a wood burning stove. Warm and welcoming. A Butlers pantry, now used as a laundry and a "mudroom", is off the kitchen, with an entrance from the two car plus attached garage. Plenty of closets and a laundry sink. A powder room is in the hallway. Conveniently located on the first floor, is a large in-law or au pair suite, complete with a full bath and kitchenette. The suite opens onto a back terrace and private gazebo. The private master bedroom presents ten-foot ceilings, multiple windows and an opulent en suite marble bath with double inlaid sinks and walk in shower. The landing is spacious, perfect for a chaise lounge for resting and reading. Th Read More

Market Status
Last Updated
May 3, 2021

Property Type
Single Family Home
Year Built
5 BR
4 full BA; 1 ½BA
2 spaces
Property Type
Residential; Single Family Attached
Entryway / Foyer
Dining Room
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Half Bath

Local Market Conditions

There are currently 37 properties for sale in the Cooperstown, NY area with the average listing price of $805,222. This represents an increase of +10.4% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +11.6% increase. To learn more about the Cooperstown, NY area, contact a local expert!

Market Snapshot for Cooperstown, NY

Avg. Listing Price


Wk ending May 1









Average Listing Price for Cooperstown, NY
No. BedroomsNo. Beds Week Ending
(May 1)
w-o-w Week Ending
(Apr 24)
Week Ending
(Apr 17)
Week Ending
(Apr 10)
All PropertiesAll $805,222 +10.4% $729,177 $705,813 $707,831
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $199,000 +0.0% $199,000 $199,000 $199,000
3 bedrooms3 BR $529,767 +0.0% $529,767 $508,673 $509,550
4 bedrooms4 BR $527,640 +11.6% $472,711 $452,340 $369,822

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This $2,700,000 Single Family Home at 40 Lake Street in Cooperstown, NY is presented by Nancy Angerer and has been on the market for 230 days. This $2,700,000 Single Family Home, located in the 13326 zip code, has the following property features: Additional Areas, Dining Room, Refrigerator, Parking. This 40 Lake Street Single Family Home, located in Otsego County , is listed under MLS listing number 10939042, has 5 beds, 5 baths, and has a listing price of $2,700,000. You can find more Cooperstown homes for sale here.

Data Provided by NY State MLS

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