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    Adirondack Horse Farm Estate Title is generated by Realmo AI

    51 Barney Hill Road, Bakers Mills, NY 12843

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    For Sale
    $699,900

    Farm/Estate, Cape - Bakers Mills, NY

    Type:Farm
    Property size:
    2,304 SF
    Lot size:
    141.25 Acres
    Price / SF:
    $303/SF
    Added:
    Jun 25, 2024
    Days on Market:
    703
    Last Refresh:
    May 28 at 7:06 am

    Property Features for 51 Barney Hill Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    900
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen
    Parking features
    Garage, Garage - Detached
    Basement Y/N
    1
    Appliances
    Dryer, Microwave, Refrigerator
    Standard status
    Active
    APN
    132.-1-35 & 36
    Size
    2,304 SF
    Lot size
    141.25 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7122

    Utilities

    Heating system
    Propane (Heating), Wood (Heating), Wood Stove

    Building Details

    Year built
    1987
    Year renovated
    1987
    Floors in Building
    2
    Flooring type
    Hardwood, Laminate, Vinyl
    Architectural style
    Other

    We can help!

    Listing Contact
    John O'Donnell

    Listing agent John O'Donnell

    Listing office Timberland Realty 1890 E Main St, Falconer, NY

    Listing date Jun 25, 2024

    MLS# 11441347 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 141‑acre Adirondack horse farm with mountain views, pastures, woods, and a pond, offering diverse recreational and agricultural opportunities.
    • Year‑round 4‑bedroom home with modern kitchen, dining room with a view, full basement, and both attached and detached garages (the latter heated and insulated).
    • Sustainable features include a mountain spring water source and an outdoor wood boiler heating system (with fuel oil backup).
    • Subdividable property with potential for outdoor recreational business (glamping, horseback riding, etc.) or hobby farm.
    • Established horse pastures, food plots for whitetail deer, and a history of successful deer hunting.
    • Proximity to Adirondack State Forest Preserve lands, lakes, rivers, and Gore Mountain Ski Resort, offering extensive recreational activities.

    Overview

    Located just outside Baker's Mills in the Town of Johnsburg, this 141.25-acre farm estate in the Adirondacks features a year-round Cape Cod style home with views of Crane and Huckleberry Mountains. Built in 1987, the 2,304 square foot house includes four bedrooms, two full baths, and an additional unfinished bedroom. The property includes approximately 14 acres of pasture, a portion of which serves as a food plot for whitetail deer. A pond, just under a quarter acre, is located near the house. The house has a modern kitchen, a dining room with a view, and a full basement with walk-out access. There is an attached single-bay garage, described as a wood and utility shed, along with a separate heated and insulated two-bay garage. The home is heated by a hot water radiator system powered by an outdoor wood boiler, with fuel oil as an alternative. Domestic hot water is heated by the wood boiler in colder months and an electric hot water heater in warmer months. Water is supplied by a gravity-fed mountain spring. The property, comprised of two tax parcels on both sides of Barney Hill Road, has subdivision potential and offers additional building sites with mountain views. It presents opportunities for an outdoor recreational business, such as glamping, tiny homes, horseback riding, or a dude ranch. Other ventures include a small commercial or hobby farm for raising beef cows, sheep, or goats, utilizing the wooded portions as a silvopasture. The forested area could provide wood products, firewood, and bolts for mushroom cultivation. The property has potential for honey production and maple syrup production. The region offers recreational opportunities, with State Forest Preserve lands for camping, hunting, hiking, fishing, horse trails, and snowmobiling. Nearby are lakes for boating and the Gore Mountain Ski Resort.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakers Mills
    County
    Warren
    State
    New York
    Longitude
    -74.012087
    Latitude
    43.612259

    FAQs

    What type of property is this?
    Horse & equestrian property - 141-acre farm with mountain views, pastures, and recreational potential.
    Where is this horse & equestrian property located?
    The property is located at 51 Barney Hill Road Bakers Mills, NY.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: 141‑acre Adirondack horse farm with mountain views, pastures, woods, and a pond, offering diverse recreational and agricultural opportunities.; Year‑round 4‑bedroom home with modern kitchen, dining room with a view, full basement, and both attached and detached garages (the latter heated and insulated).; Sustainable features include a mountain spring water source and an outdoor wood boiler heating system (with fuel oil backup).
    (518) 538-3373
    We can help!
    Listing Contact
    John O'Donnell
    Real Estate License ID: 10401305839
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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