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    Adirondack Horse Farm with Mountain Views Title is generated by Realmo AI

    51 Barney Hill Road, Bakers Mills, NY 12811

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    For Sale
    $699,900

    Commercial - Bakers Mills, NY

    Property size:
    2,304 SF
    Lot size:
    141.00 Acres
    Price / SF:
    $303/SF
    Added:
    May 2, 2025
    Days on Market:
    380
    Last Refresh:
    May 16 at 10:06 pm

    Property Features for 51 Barney Hill Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Garage
    Standard status
    Active
    Size
    2,304 SF
    Lot size
    141.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    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 May 2, 2025

    MLS# 11555370 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 spectacular mountain views, pastures, woods, and a pond.
    • Year‑round home featuring 4 bedrooms, 2 baths, modern kitchen, dining room with a view, and a full basement.
    • Includes a heated and insulated 2‑bay garage/workshop and an attached wood/utility shed.
    • Private mountain spring water source with gravity‑fed system.
    • Excellent recreational opportunities: hunting, fishing, horseback riding, and potential for outdoor business ventures.
    • Conveniently located near Gore Mountain Ski Resort, lakes, and within driving distance of major cities.

    Overview

    Located just outside Bakers Mills in the Town of Johnsburg, this 141-acre property, known as the Crane Mountain Horse Farm, features a year-round home with views of Crane and Huckleberry Mountains. Approximately 14 acres are dedicated to pasture, including a food plot for whitetail deer. A small pond is located near the house. The 2,300 sqft Cape Cod style house, built in 1987, includes 4 bedrooms, 2 full baths, and an unfinished bedroom. It features 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 2-bay garage. The house is heated by a hot water radiator system powered by an outdoor wood boiler, with an electric hot water heater for warmer months and the option for fuel oil heating. Water is supplied by a gravity-fed mountain spring. The property consists of 2 tax parcels on both sides of Barney Hill Road and could be subdivided. Additional sites offer views of Crane and Huckleberry Mountains. The property has potential for an outdoor recreational business, such as glamping, tiny homes, horseback riding, or a dude ranch, and could be used as a small commercial or hobby farm. The forested portion offers specialty wood products, firewood, and bolts for mushroom cultivation, with morel mushrooms produced each spring. Groves of maple could be developed into a sugarbush, and the vegetation offers honey production opportunities. The property has a history of deer hunting and includes a maintained food plot. The region offers recreational opportunities, with State Forest Preserve lands for camping, hunting, hiking, fishing, horse trails, and snowmobiling. Nearby lakes include Lake George and Lake Champlain. The ski village of North Creek, home to Gore Mountain Ski Resort, is nearby. The property is an hour from Saratoga Springs, 1 1/2 hours from Albany, less than 3 hours from Montreal, and under 5 hours from NYC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    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
    -74.01237
    Latitude
    43.612298

    FAQs

    What type of property is this?
    Horse & equestrian property - 141-acre horse farm with mountain views 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 **spectacular mountain views**, pastures, woods, and a pond.; Year‑round home featuring 4 bedrooms, 2 baths, modern kitchen, dining room with a view, and a full basement.; Includes a heated and insulated 2‑bay garage/workshop and an attached wood/utility shed.
    (518) 538-3373
    We can help!
    Listing Contact
    John O'Donnell
    Real Estate License ID: 10401305839
    Learn More
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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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