746 Howe Rd, Lake Luzerne, NY 12846
For Sale
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Discover a rare opportunity to own two authentic Adirondack-style lodges on one property, offering exceptional flexibility as a private residence, income-producing rental, or commercial investment. Whether you're seeking a lifestyle property or a smart addition to your portfolio, this versatile offering delivers both charm and revenue potential. Each lodge features classic Adirondack architecture with warm wood interiors, inviting living spaces, and thoughtful layouts designed for comfort and functionality. The lodges can be occupied individually or rented separately, making this property ideal for short-term rentals, seasonal guests, or long-term tenants. The property's layout allows an owner to live in one lodge while generating rental income from the other, or operate both as income-producing units. With zoning and configuration suitable for commercial use, this property presents an excellent opportunity for vacation rentals, retreats, or a boutique lodging experience. Major updates include new septic system, new electrical and new roof. Surrounded by natural beauty and offering privacy and tranquility, the setting enhances its appeal to renters and residents alike. Ample outdoor space, parking, and easy access to local attractions make this a highly desirable destination, 20 minutes to Lake George, 30 minutes to Saratoga Springs. This property is known as the iconic ''Painted Pony''.
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Horseback Riding At The Painted Pony Ranch Ranch
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.