Property profile

8440 Stony Lake Rd Glenfield, NY 13343

OFF-MARKET
Specialty properties
Property ID
US63-4359407
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Property summary

AI-generated overview

Discover this exceptional 42.1-acre hunting and recreational property nestled in the Adirondack Mountains of New York, located at 8440 Stony Lake Rd, Glenfield, NY 13343. Boasting over 1000 feet of shoreline on East Pond, this property offers unparalleled access to outdoor activities. The location borders state land, providing direct access to extensive snowmobile and hiking trails in the desirable Old Forge/Brantingham Lake region. Winter access is seamless, as the road integrates directly into the trail system. The property includes a charming 144 sq. ft. main Adirondack cabin with a loft, fully equipped with lighting and a generator hookup, ready for immediate occupancy. A recently renovated 122 sq. ft. sleeping cabin with a loft, also with generator connection, provides additional accommodations. A new 12x16 shed with large entry doors offers ample storage for all your recreational gear. Power is readily available at the road, presenting opportunities for expansion. An existing foundation on the property suggests potential for further development. This idyllic retreat has a proven track record as a successful Airbnb rental, offering a unique investment opportunity. The property features trails leading to a breathtaking vista overlooking East Pond. Asking price is $185,000.

Property profile

Verified
Property type Specialty properties
UPID US63-4359407

Cap rate & NOI

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

Location

8440 Stony Lake Rd Glenfield, NY 13343
Glenfield metro
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Value estimations

Realmo proprietary · 4 methods
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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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