Lodge and Cabins Hospitality
For Sale
$1,340,000
746 Howe Road, Lake Luzerne, NY 12846
COMMERCIAL - Other - Lake Luzerne, NY
Property Size5,780 SF
Lot Size17.84 Acres
Price / SF$231.83
Days on Market71
Property Features for 746 Howe Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 3
Parking
10
Patio and Porch features
Porch
Interior features
High Speed Internet, Paddle Fan, Vaulted Ceiling(s), Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath
Exterior features
Garden, Lighting
Basement
Walk-Out Access, Interior Entry, Exterior Entry
Lot features
Views, Secluded, Private, Road Frontage, Wetlands, Wooded, Cleared, Landscaped
Elementary school
Hadley-Luzerne
High school
Hadley-Luzerne
Elementary school district
Hadley Luzerne
Middle school district
Hadley Luzerne
High school district
Hadley Luzerne
Directions
From Saratoga Springs take 9N North through Corinth through Lake Luzerne. It's approx. 30 miles. Take right at sign indicating Painted Pony, take first right on Howe Road and property on left. From the Northway (I 87) exit 21 to Lake Luzerne, approx. 7 miles, take left by Painted Pony sign and first right onto Howe Road.
Standard status
Active
APN
523200 286.15-1-28.1
Size
5,780 SF
Lot size
17.84 Acres
Taxes and HOA fees
Tax Annual Amount
10295
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Propane (Heating)
Cooling system
Central Air
Water source
Well
Water front features
Beach Front, Pond
Water front
1
Building Details
Year built
1960
Flooring type
Carpet, Tile, Tile - Ceramic, Hardwood
Building materials
Log, Wood Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 584-0060
Listed By:
Joan E Taub · License #30TA1068119
(518) 368-0215
Added: May 26
Changed: Jul 24
Last Checked: Aug 4 at 12:06AM
MLS# 202618017
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property consists of two cabins on one parcel. The main lodge includes a handicapped accessible bathroom and a commercial kitchen. A bar is located in the basement, with Bob Dylan's name scratched onto the surface.
Set in Lake Luzerne, the area is described as busy year-round with lakes, boating, camping, tubing, snowmobiles, skiing, cross-country skiing, and fishing. Lake George Village is noted as approximately 7 miles away.
The property is listed as zoned Mixed, and it is described as having previously been part of the Painted Pony Dude Ranch. The remarks also note the potential to subdivide or add additional structures, subject to site plan review.
Set in Lake Luzerne, the area is described as busy year-round with lakes, boating, camping, tubing, snowmobiles, skiing, cross-country skiing, and fishing. Lake George Village is noted as approximately 7 miles away.
The property is listed as zoned Mixed, and it is described as having previously been part of the Painted Pony Dude Ranch. The remarks also note the potential to subdivide or add additional structures, subject to site plan review.
Key Highlights
- Two cabins on one parcel with waterfront features including beach front and a pond
- Main lodge includes a commercial kitchen and multiple bathrooms, including a handicapped accessible bathroom
- Offered with high‑speed internet and central air cooling
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.0k | $18.00 |
| − Vacancy | −$4.4k | −$0.76 |
| EGI | $99.7k | $17.24 |
| − OpEx | −$24.9k | −$4.31 |
| NOI | $74.8k | $12.93 |
5,780 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.07M
$934.4K – $1.25M
NOI $74,753 @ 7.0% cap · market cap 5.58%
Second Best
Hotel Hospitality
$635.4K
$556.0K – $741.3K
NOI $44,477 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,103 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 12846, NY
3,008
Population
2,338
Households
1.3
Avg Household Size
51
Median Age
26%
College-Educated
90%
High-School Grad
53.7 sq mi
ZIP Area
56
Density / Sq Mi
$47,449
Median Household Income
$41,500
Median Earnings
$942
Median Rent
$197,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Two cabins on one parcel, including a main lodge with an accessible bathroom and commercial kitchen.
Where is this resort located?
The property is located at 746 Howe Road Lake Luzerne, NY.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: Two cabins on one parcel with waterfront features including beach front and a pond; Main lodge includes a commercial kitchen and multiple bathrooms, including a handicapped accessible bathroom; Offered with high‑speed internet and central air cooling
