Property profile

20 Lake Shore Rd Westport, NY 12993

FOR SALE
Land
Property ID
US63-3086180
4.4 ac lot
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 4.4-acre parcel at 20 Lake Shore Road in Westport, New York, presents a rare opportunity for discerning buyers. Boasting breathtaking views of Chaplain Lake, this property offers unparalleled privacy and tranquility in a highly desirable location. The expansive lot provides ample space for the construction of a custom home, estate, or even a larger-scale development project, subject to local zoning regulations. Imagine building your dream residence overlooking the serene lake, enjoying the peace and quiet of this idyllic setting. The property's prime location offers easy access to the Canadian border, Vermont, Lake Placid, and Albany, providing convenient access to a variety of amenities and attractions. The asking price for this remarkable land is $449,000. This is a unique chance to acquire a substantial lakefront property with significant development potential in a sought-after area of Essex County. The property is zoned for residential use, and buyers are encouraged to conduct their own due diligence regarding permitted uses and building regulations. Don't miss this exceptional opportunity to own a piece of this beautiful lakeside landscape. The address is 20 Lake Shore Rd, Westport, NY 12993.

Property profile

Verified
Property type Land
Lot 4.4 ac (191,664 SF)
UPID US63-3086180

Cap rate & NOI

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

Location

20 Lake Shore Rd Westport, NY 12993
Westport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2024
1 recorded transaction
2024
$13,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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