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Property profile

96 Furnace Pt Ln Westport, NY 12993

OFF-MARKET
Mixed-use properties
20,000 SF 6.2 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional mixed-use property on the shores of Lake Champlain presents a unique investment opportunity. Spanning over six acres, the estate boasts a main house with exquisite woodwork, dating back to the early 1900s, originally built as a grand estate. Several charming cabins complement the main residence, providing ample accommodation for guests. A large, two-story building offers versatile space, previously featuring a commercial kitchen, ideal for restoration and repurposing. The property also includes a separate building, known as the COCO building, directly on the lake. This building features a fully functional commercial kitchen, bar, dining area, and an outdoor deck, perfect for catering to guests. Resort-style amenities abound, including a private beach, boat docking facilities, opportunities for various water sports, tennis and basketball courts, and an in-ground swimming pool. The property's rich history and stunning location make it an ideal venue for weddings, corporate retreats, and family reunions. Breathtaking views of the surrounding wilderness enhance the tranquil atmosphere. This remarkable property offers a rare blend of historical significance, natural beauty, and modern amenities, presenting a compelling investment opportunity with significant potential for diverse revenue streams. Further details on the property's history are available online. The total square footage of all buildings is 20,000 square feet.

Property profile

Verified
Property type Mixed-use properties
Year built 1920
Total area 20,000 SF
Lot 6.2 ac (270,072 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

96 Furnace Pt Ln Westport, NY 12993
Westport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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