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Saranac Lake See all listings

129 Franklin Avenue, Saranac Lake, NY 12983

$1,299,000

MLS# 201044

24 bed

12 bath

2.3 acres

13,352 sq. ft

Listing Courtesy of: Say Real Estate

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Portrait of Stu Ruttan

Stu Ruttan

518-524-6334

[email protected]

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Overview

Once in a lifetime opportunity to own one of the premier buildings in Saranac Lake! The Prescott House ADK is a very well maintained, one-of-a-kind, historic building on a large 2.30-acre lot. 19 guest rooms, 4 with private baths, 15 with access to shared baths and two 2BR long-term units with their own baths and kitchens. With a stately, welcoming appeal it has a stellar, high-rated track record as a short-term rental destination. Also perfect for wedding parties, family reunions, hiking trips through the area and so many other opportunities. Huge potential for growth and expansion to larger events with the added advantage of being directly in the heart of Saranac Lake. Located just a few quick blocks from Lake Flower, Moody Pond, Mt. Baker, Main ST, Broadway, several Cafe’s, Pubs, Unique Shops, Museums, the Adirondack Carousel, Music in the Parks, and Saturday Farmers Market! Sold turnkey with some items negotiable.

Details & Amenities

Listing Details

  • MLS #: 201044
  • Status: Active
  • Date Listed: 12-22-2023
  • Bedrooms: 24
  • Bathrooms: 12
  • Sq. Ft: 13,352
  • Acreage: 2.3
  • Seasonal Property: No
  • Listing Agent: Carl (CJ) Hagmann
  • Listing Courtesy of: Say Real Estate

Interior Features

  • Bathrooms – Full: 11
  • Bathrooms – Half: 1
  • Basement: Full
  • Heating Type: Hot Water
  • Air-conditioning Type: Window Unit(s)

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Saranac Lake
  • School District: Saranac Lake
  • Views: Mountain(s), Neighborhood
  • Lot Features: Cleared
  • Lot Size Area: 2.3
  • Lot Size Dimensions: 2.30
  • Patio & Porch Features: Porch
  • Road Type: Paved
  • Body of Water : None
  • Zoning Description: Mixed

Building & Construction

  • Tax Map #: 32.182-1-19.000
  • Annual Taxes: $15,246
  • Year Built: 1905
  • Parking Features: Driveway, Gravel, No Garage
  • Exterior Siding: Brick
  • Roof Type: Asphalt
  • Foundation Details: Stone
  • Electric AMP: 200+ Amp Service
  • Below Grade Finished Area: 3,608
  • Window Features: Vinyl Clad Windows, Wood Frames