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
$269,000
1082 State Route 86, Ray Brook, NY 12977
2beds
642sqft
Single Family Residence
Built in 1975
0.3 Acres Lot
$284,100 Zestimate®
$419/sqft
$1,531 Estimated rent
Home value
$284,100
Estimated sales range
Not available
$1,531/mo
Zestimate® history
Owner options
List your home for rent
$1,531/mo
Rent Zestimate®
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$1,531/mo
Rent Zestimate®
Refinance and save
$1,783/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,783/mo
Est. payment
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List your homeWhat's special
Recently renovated cottageFire pitPatio furnitureCharming cottage
Zillow last checked:
Listing updated:
Listed by:
Kelsey Cassidy,
Merrill L. Thomas, Inc.
Bought with:
Madison Ketcham, 10401370747
Coldwell Banker Whitbeck Assoc-Saranac Lake
Source: ACVMLS,MLS#: 204069
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bedroom 2
- Level: First
- Area: 72 Square Feet
- Dimensions: 8 x 9
Bathroom
- Level: First
- Area: 60 Square Feet
- Dimensions: 10 x 6
Dining room
- Level: First
- Area: 128 Square Feet
- Dimensions: 16 x 8
Kitchen
- Level: Lower
- Area: 90 Square Feet
- Dimensions: 15 x 6
Laundry
- Description: basement
- Level: Lower
- Area: 128 Square Feet
- Dimensions: 8 x 16
Living room
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Heating
- Baseboard, Electric, Oil
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer, Water Heater
- Laundry: In Basement, Laundry Room
Features
- Flooring: Hardwood, Luxury Vinyl
- Basement: Unfinished
Interior area
- Total structure area: 842
- Total interior livable area: 642 sqft
- Finished area above ground: 642
- Finished area below ground: 0
Property
Parking
- Parking features: Direct Access, Driveway, On Site
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio, Rear Porch
- Exterior features: Fire Pit, Private Yard, Storage
- Spa features: None
- Fencing: Fenced
- Frontage type: Other
Lot
- Size: 0.30 Acres
- Features: Back Yard, Level, Wooded
- Topography: Level
Details
- Additional structures: Garage(s)
- Parcel number: 41.715.000
- Zoning: Commercial
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Clapboard
- Foundation: Block
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Internet Available, Internet Connected, Water Connected
Community & neighborhood
Location
- Region: Ray Brook
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $123,600 +5% |
| 2024 | -- | $117,700 -2.9% |
| 2023 | -- | $121,200 +18% |
| 2022 | -- | $102,700 +2% |
| 2021 | -- | $100,700 |
| 2020 | -- | $100,700 |
| 2019 | -- | $100,700 |
| 2018 | -- | $100,700 +51.9% |
| 2017 | $456 | $66,300 |
| 2016 | -- | $66,300 |
| 2015 | -- | $66,300 |
| 2014 | -- | $66,300 |
Find assessor info on the county website
Neighborhood: 12977
Nearby schools
GreatSchools rating
- 4/10Petrova Elementary SchoolGrades: K-5Distance: 3.7 mi
- 7/10Saranac Lake Middle SchoolGrades: 6-8Distance: 3.7 mi
- 6/10Saranac Lake Senior High SchoolGrades: 9-12Distance: 3.7 mi
- New York
- Essex County
- Ray Brook
- 12977
- 1082 State Route 86
Nearby cities
Nearby zip codes
Other Ray Brook Topics
