8440 Stony Lake Rd, Glenfield, NY 13343
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
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