$950,000
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816 State Route 86 Unit 816 Paul Smiths, NY 12970
Single Family
Residence
1
Beds
1
Baths
800
Sq. Ft.
11.92
Acre
Lot
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Picturesque and rare development opportunity in the heart of the Adirondacks. Located in the hamlet of Gabriels, tucked between Paul Smiths and Saranac Lake- this 11+ acre compound consists of 4 APA approved building lots, 2 scenic ponds, and a cottage. While only minutes away from idyllic Saranac... Lake and renowned Lake Placid, this setting affords tranquility while conveniently surrounded by the best of what the Adirondacks have to offer. Minutes to museums, eateries, hiking, boating, fishing, skiing, and shopping. Whether you enjoy snowmobiling, cross country skiing, or country walks- this land is located a stone's throw to a number of trails. Develop your dream compound tucked into nature, or capitalize on this excellent investment opportunity- possibilities are abound! Enjoy fishing directly from your own private ponds, spending evenings gazing at night skies untouched by city lights, or a day exploring all the area has to offer- this opportunity won't last! Currently a single, 11+ acre parcel, the future purchaser would have the option to subdivide. The portion of the land that borders Route 86 would be ideal for a commercial business, or duplex/triplex. *NOTE: Commercial/Residential lot that boarders Rt. 86 can be sold separately for $149,000. Main parcels with ponds, $800,000. Seller is currently finalizing subdivision plans. Updated listings to come.
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MLS#
201976
Property Type
Single Family
Bedrooms
1
Bathrooms
Year Built
2019
Square Feet
800
sq. ft
Lot Size
11.92
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