Property profile

2206 Ny-9N Scenic Lake George, NY 12845

OFF-MARKET
Hospitality properties
154,724 SF 274 ac lot Built 1946
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Property summary

AI-generated overview

Exceptional opportunity to acquire the Roaring Brook Ranch Resort, a stunning 274-acre property nestled in the heart of the Adirondack Mountains, near Lake George, New York. This meticulously renovated resort boasts 135 keys across 17 buildings, totaling 154,724 square feet. The property includes a 34-acre resort area and an additional 240 acres available for future development, offering significant expansion potential. Built in 1946 and extensively renovated in 2021 with $5,000,000 in capital improvements, the resort features over 17,000 square feet of adaptable meeting space, capable of hosting events for up to 700 guests. The resort's amenities include a horse stable and miles of hiking and horseback riding trails. Currently operational, the resort is ideally positioned to capitalize on its unique attributes and establish itself as a premier upscale, yet casual, ranch resort. The property is zoned for both commercial and residential use, presenting a unique opportunity for a diverse range of revenue streams. The asking price is $10,500,000, with a price per square foot of $67.86. This is a rare chance to own a fully operational, high-potential resort in a prime location with significant upside. The resort is situated at 2206 NY-9N Scenic, Lake George, NY 12845, in Warren County. The property offers stunning views and incomparable event space, making it perfect for conferences, social events, weddings, and corporate retreats. This four-season resort is ready to welcome guests and generate strong revenue for years to come.

Property profile

Verified
Property type Hospitality properties
Year built 1946
Total area 154,724 SF
Lot 274 ac (11,935,440 SF)

Cap rate & NOI

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

Location

2206 Ny-9N Scenic Lake George, NY 12845
Lake George 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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