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    28 Moir Rd Saranac Lake, NY 12983

    For Sale
    $1,395,000

    MULTI_FAMILY - Other - Saranac Lake, NY

    Property size:
    3,000 SF
    Lot size:
    0.73 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 28 Moir Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows
    Zoning
    Residential
    APN
    446.-1-23
    Parking features
    Driveway
    Patio and Porch features
    Deck, Porch
    Interior features
    Granite Counters, Ceiling Fan(s), High Speed Internet, Natural Woodwork, Primary Downstairs, Smart Thermostat, Storage
    Exterior features
    Dock, Fire Pit, Lighting, Outdoor Grill, Private Yard, Storage
    Fireplace
    1
    Basement
    Unfinished, Sump Pump, Exterior Entry
    Appliances
    Dryer, Gas Range, Microwave, Refrigerator, Washer
    Size
    3,000 SF
    Lot size
    0.73 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Public Sewer
    Heating system
    Propane (Heating), Oil, Forced Air, Heat Pump (Heating)
    Cooling system
    Ceiling Fan(s), Heat Pump
    Water front features
    Lake, Beach Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Combination, Wood
    Building materials
    Log
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Storage

    Adirondack Premier Properties, Inc. (518) 523-3333

    Listing agent Beth Hall (518) 323-5666

    Listing date Nov 6, 2025

    MLS# 206171 Listing URL

    Copyright © 2025 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Colby Log Cottages Investment

    This property features four well-maintained year-round log cottages situated on the shores of Lake Colby. The cottages generate over $200,000 annually in rental income. Updates include new roofs, windows, flooring, appliances, furniture, and mini-split systems with smart thermostats. Two of the cottages have 2 bedrooms each, while the other two cottages offer 1 bedroom each, and each cottage includes a fireplace. The property features a sandy beachfront, private docks, and expansive decks with sunset views. The property is being sold fully furnished and turnkey. The property is located within walking distance of dining, shopping and entertainment. An outdoor security camera is present. The lot size is 0.73 acres. The property size is 3000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Adirondack Cabin Rentals Cabin Rental Agency

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Hotel & Motel Pharmacy Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saranac Lake
    County
    Franklin
    State
    New York
    Longitude
    -74.145506
    Latitude
    44.341334

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    FAQs

    What type of property is this?
    Hotel - Four turnkey log cottages with strong rental income potential.
    Where is this hotel located?
    The property is located at 28 Moir Rd Saranac Lake, NY.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - High rental income: Generates over $200,000 annually.; - Turnkey condition: Sold fully furnished with recent updates including new roofs, windows, flooring, appliances, furniture, and mini-split systems.; - Lakefront location: Features a sandy beachfront, private docks, and expansive decks with sunset views on Lake Colby.
    (518) 323-5666
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    28 Moir Rd Saranac Lake, NY 12983
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Moir Rd Saranac Lake, NY 12983
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