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$550,000   Price Analysis
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740 E River Dr
Lake Luzerne, NY 12846
2 bed 1 bath 782 SqFt ($703/SqFt)
0.83 acre lot. Built 1960
Listed 2024-07-18, Taxes $4,333
USDA Eligible
near Lake Luzerne, NY
 

Prime Turnkey Investment: Riverside Log Cabin Retreat.

Discover this charming log cabin retreat at 740 East River Drive, offering peace along the picturesque Hudson River. Built in 1960, this cozy two-bedroom, one-bathroom home features two open living rooms. Enjoy breathtaking waterfront views and direct river access from your private dock. Located near Saratoga Springs and Lake George, amidst the Adirondacks' natural beauty, it's ideal for outdoor enthusiasts and those seeking tranquility.

Currently a successful Airbnb, this property offers a unique investment opportunity with proven rental income. Fully furnished and turnkey, it's ready for new owners to enjoy as a seren e vacation home or income-generating property. Don't miss owning this slice of wterfront paradise.


Presented by Michelle Andzel Graziano at
Four Seasons Sothebys Intern.
Listing Agent Photo

Property MLS #202421687 from GlobalMLS

Bedrooms: 2

Total Rooms: 8
Kitchen, Dining Room, Living Room, Bedroom, Bedroom, Full Bathroom, Family Room
Basement Features: Crawl Space
Family Room Level: First
Living Room Level: First

Total Bathrooms: 1
Full Bathrooms: 1

Paddle Fan
Kitchen Island
Flooring: Carpet, Hardwood

Dehumidifier
Dishwasher
Disposal
Freezer
Microwave
Oven
Refrigerator
Washer/Dryer
Laundry Features: Laundry Closet, Main Level
Refrigerator: Yes

Cooling Features: Wall Unit(s)
Fireplace Features: Pellet Stove
Heating Features: Heat Pump, Pellet Stove
Heating: Yes

Dining Room Level: First
Kitchen Level: First

Water Body Name: Hudson River
River Front
Stairway
Waterfront Deck
Deeded Water Access

Drive-Paved
Gas Grill
Lighting
Dock
Other Structures: Shed(s), Workshop, Boat House, Garage(s)
Patio And Porch Features: Covered, Deck, Porch

Lot Size Acres: 0.83
Lot Size Square Feet: 36155

Garage Spaces: 1
Parking Features: Off Street, Storage, Workshop in Garage, Paved, Detached, Driveway, Garage Door Opener
Parking Total: 6

View: River, Trees/Woods, Hills, Water

Elementary School: Hadley-Luzerne
High School: Hadley-Luzerne
High School District: Hadley Luzerne

Hadley Luzerne High School is a public middle and high school located approximately 1.9 miles away.
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Stuart M Townsend Middle School is a public elementary school located approximately 3.5 miles away.
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The Kings School is a private elementary, middle and high school located approximately 2.8 miles away.
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The Kings School is a private elementary, middle and high school located approximately 2.8 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5169.340000000
Source Listing Status: Active
County: Warren
Directions: Located up the driveway and to the right off of East River Drive in Lake Luzerne, across from the Hudson River.
Source Property Type: Residential
Source Neighborhood: Lake Luzerne
Parcel Number: 523200 305.16-1-19
Postal City: Lake Luzerne
Subdivision: Lake Luzerne
Zoning: Single Residence
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$121,000 + $107,000
$228,000
$4,333
2022$121,000 + $107,000
$228,000
$4,273
2021$121,000 + $107,000
$228,000
$4,314
2020$121,000 + $107,000
$228,000
$4,323
2017$121,000 + $107,000
$228,000
$4,137
2016$130,000 + $107,000
$237,000
$3,970
2015$130,000 + $107,000
$237,000
$3,316
2014$101,000 + $74,000
$175,000
$3,462
2014$101,000 + $74,000
$175,000
$3,267
2013$101,000 + $74,000
$175,000
$3,435
2012$88,000 + $76,000
$164,000
$3,177
2011$88,000 + $76,000
$164,000
$3,072
2010$88,000 + $76,000
$164,000
$3,238

Listed 2024-07-18
$550,000
GlobalMLS
Sold 2023-01-13
$350,000
Public Record

Total Square Feet Living: 782
Year Built: 1960
Above Grade Finished Area: 782
Construction Materials: Log
Property Age: 64
Property Condition: Updated/Remodeled
Roof: Metal
Architectural Style: Cottage, Log

Sewer: Septic Tank
Cable Connected
Water Source: Drilled Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.