This recently renovated cottage in Ray Brook, NY is already a successful short-term rental and a great investment opportunity. With mixed commercial zoning, a new owner can apply for a permit with the Town of Elba to continue renting. The current owners are also open to managing the rental for a fee, making for a smooth transition.
Located between Lake Placid and Saranac Lake, guests love the easy access to both towns while being just steps from the Rail Trail, perfect for biking, hiking, and walking. The outdoor space is just as inviting, featuring a 10x12 deck with patio furniture and a 10x10 stone patio with a fire pit and additional seating—ideal for relaxing after a day of exploring.
This turnkey rental is in a prime location with a proven track record—don't miss out on this unique opportunity!
Outdoor enthusiasts will love the walking-distance access to the scenic Rail Trail, a premier spot for hiking, biking, and leisurely walks through the breathtaking Adirondack landscape. Whether catering to travelers seeking adventure or those looking for a peaceful retreat, this charming cottage offers endless potential.
Don't miss out on this prime investment opportunity in one of the most sought-after locations in the Adirondacks!
Sold for $269,000
Zillow last checked:
Listing updated:
Bought with:
Madison Ketcham, 10401370747
Coldwell Banker Whitbeck Assoc-Saranac Lake
Source: ACVMLS,MLS#: 204069
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $269,000-3.6%$419/sqft |
Source:  ACVMLS #204069 Report a problem | ||
| 3/28/2025 | Pending sale | $279,000$435/sqft |
Source: ACVMLS #204069 Report a problem | ||
| 3/17/2025 | Listed for sale | $279,000+615.4%$435/sqft |
Source: ACVMLS #204069 Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/6/2020 | Listing removed | $1,200$2/sqft |
Source: Owner Report a problem | ||
| 3/23/2020 | Price change | $1,200+9.1%$2/sqft |
Source: Owner Report a problem | ||
| 3/9/2020 | Price change | $1,100-21.4%$2/sqft |
Source: Owner Report a problem | ||
| 1/17/2020 | Price change | $1,400+3.7%$2/sqft |
Source: Owner Report a problem | ||
| 1/11/2020 | Listed for rent | $1,350$2/sqft |
Source: Owner Report a problem | ||
| 11/20/2019 | Sold | $39,000$61/sqft |
Source: Public Record Report a problem | ||
