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Waterfront Resort Land

521 County Route 27 Fine, NY 13639

521 County Route 27, Fine, NY, 13639
$1,999,000
For Sale
$1,999,000

LAND - Other - Fine, NY

Property Size7,038 SF
Lot Size332.00 Acres
Price / SF$284.03
Days on Market399

Property Features for 521 County Route 27

General Information

Property type
Land
Property subtype
Other
Patio and Porch features
Deck
Standard status
Active
Lot size
332.00 Acres

Utilities

Sewer type
Septic Tank
Water source
Well
Water front features
Pond

Building Details

Architectural style
Other
Additional Structures
Outbuilding
Listing Agency Palmer Realty
29 Main Street, Canton, NY
Listed by Ariane Palmer · License #10491211743
Added: Jun 16, 2025 Checked: Jul 19 at 1:06 pm
MLS# 11693757 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.


Investment Insights

Based on property information with market context.

Set within the Adirondack Park, this secluded retreat is offered as a waterfront resort land opportunity known as “Dodge Pond.” The property spans 332 acres and includes a serene 16-acre pond that supports a private, view-focused setting. Improvements include a 2-story main lodge with 7,038 square feet of space, featuring multiple suite accommodations, private bedrooms and full bathrooms, along with staff kitchen and office areas. The lower level includes a restaurant and dining area, a commercial-grade kitchen, storage, restrooms, and an additional living room with a fireplace.

The grounds include a mix of lodging and recreation facilities, including a 1-story shop/bathhouse building, eight cabins, lean-to cabins, and storage sheds. There is also a pavilion equipped with electrical, a private beach area, and hiking trails throughout the property. A portion of the guest experience is designed around the pond and outdoor setting, supported by existing structures and supporting space for operations.

For a buyer or operator seeking a turnkey hospitality footprint in a remote, nature-centered environment, the combination of the main lodge, on-site food service space, and multiple lodging units provides a practical foundation for an Adirondack lodge, retreat, or similar guest experience. The existing facilities can support day-to-day operations while preserving the property’s character and outdoor recreational focus.

Key Highlights

  • Sprawling 332‑acre Adirondack retreat with a private 16‑acre pond
  • Secluded location within the Adirondack Park offering privacy and stunning views
  • The 7,038 sq ft 2‑story main lodge features a rustic stone fireplace, multiple suites, and commercial‑grade kitchen

Local 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 $152.0k $21.60
− Vacancy −$6.4k −$0.91
EGI $145.6k $20.69
− OpEx −$36.4k −$5.17
NOI $109.2k $15.52
7,038 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,227 @ 7.0% cap · market cap 5.46%
Second Best
Hotel Hospitality
$386.8K
$338.5K – $451.3K (±1% cap)
NOI $27,079 @ 7.0% cap · market cap 1.35%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,225 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Resorts

FAQs

What type of property is this?
Resort - Adirondack Park lodge retreat with a private pond, cabins, and guest and staff buildings for hospitality use.
Where is this resort located?
The property is located at 521 County Route 27 Fine, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Sprawling 332‑acre Adirondack retreat with a private 16‑acre pond; Secluded location within the Adirondack Park offering privacy and stunning views; The 7,038 sq ft 2‑story main lodge features a rustic stone fireplace, multiple suites, and commercial‑grade kitchen
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