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For Sale

$3,495,000

1187 State Route 86
Ray Brook, NY 12977

Sqft 23,000 sqft
A rarely offered large parcel with over 100 acres in a prime location which includes multiple residences, 30 log cottages, and a 20 acre pond with 3000 feet of waterfront for excellent fishing. Beautiful mountain views and serene woods and trails filled with birch, fir and hardwoods. There are 50 approved camp sites and natural water aquifer and springs. The opportunity to build a hotel already has an APA permit in place. The potential for further development has many options including more housing or a commercial storefront. This sought after location is ideal just minutes between Saranac Lake Village and Lake Placid Olympic Village shops and restaurants. Call for further info and a tour. Read More

Market Status
Available
Last Updated
May 11, 2022

Property Type
Commercial Property
Architecture
Waterfront
Year Built
1960
Cable/Satellite TV
Cable Ready
Cooling System
Window Unit(s) A/C
Handicapped Access
-
Heating System
Baseboard; Hot Water
Roof
Metal
Heating Fuel
Electric; Oil
Exterior Construction
Log; Wood
Parking
Off Street
Taxes
26958
Property Type
Commercial; Commercial
View
Lake
Waterfront
-
Mountain View
-
Water View
-
Additional Features
Pond

Local Market Conditions

There are currently 177 properties for sale in the Essex County, NY area with the average listing price of $669,147. This represents an increase of +6.6% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +26.3% increase. To learn more about the Essex County, NY area, contact a local expert!

Market Snapshot for Essex County, NY

Avg. Listing Price

$669,147

Wk ending May 14

$+41,500

+6.6%

w-o-w

177

25

15

10

5

Average Listing Price for Essex County, NY
No. BedroomsNo. Beds Week Ending
(May 14)
w-o-w Week Ending
(May 7)
Week Ending
(Apr 30)
Week Ending
(Apr 23)
All PropertiesAll $669,147 +6.6% $627,647 $613,300 $575,202
1 bedroom1 BR $140,692 -8.2% $153,250 $137,214 $143,170
2 bedrooms2 BR $227,272 +26.3% $179,883 $179,883 $169,617
3 bedrooms3 BR $667,622 +4.8% $636,909 $615,263 $588,672
4 bedrooms4 BR $1,213,452 +1.4% $1,196,679 $1,166,002 $1,127,435

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Listing Provided By:

Margie Papier Philo

Berkshire Hathaway Adirondack Premier Properties

Phone
This $3,495,000 Commercial Property at 1187 State Route 86 in Ray Brook, NY is offered by Margie Papier Philo. This $3,495,000 Commercial Property, located in the 12977 zip code, has the following property features: Roof, Cooling System, Mountain View, Cable/Satellite TV. This 1187 State Route 86 Commercial Property is listed under MLS listing number 166214 and has a listing price of $3,495,000. You can find more of Margie Papier Philo's listings by browsing Margie Papier Philo homes for sale at HomesAndLand.com, or even more Ray Brook homes for sale here.

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