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Off market
  • $871,300

    114 Peggs Bay, Cooperstown, NY 13326

    2beds
    1,420sqft
    SingleFamily
    Built in 1950
    5.94 Acres Lot
    $871,300 Zestimate®
    $614/sqft
    $2,435 Estimated rent

    Home value

    $871,300

    $767,000 - $993,000

    $2,435/mo

    Zestimate® history
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    Owner options

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    $2,435/mo

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    $2,435/mo

    Rent Zestimate®

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    $5,916/mo

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    $5,916/mo

    Est. payment

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    What's special

    This gem of a property sits on nearly 6 acres on the East side of Otsego Lake and boasts 150' of DIRECT lakefront. Built in the 1950's and remaining true to its retro origins, this home will appeal to the buyer who appreciates the aesthetic of the wholesome lake experience. The Main house has two bedrooms, one full bath, kitchen and living room with a lovely stone fireplace all surrounded in knotty pine. Downstairs, in the full walk-out basement is a pretty stone patio that takes in sweeping views of the lake and a storage room with full bath that could be readily made into additional living space. A master suite perhaps? Jalousie windows throughout the house allow for the finest of lake breezes to cool and freshen indoors. The Boathouse consists of an upper level with an open and ample heated living space that will easily take you through 3 seasons. Within this space you will find a delightful full kitchen set-up as well as a full bath, a living room, and sleeping area. The views from the boathouse are magnificent! Below you'll find a operable winch system that pulls your boat into the safety of the covered structure. There is plenty of storage here as well. A blacktop driveway leads to the sturdy 2 car detached garage. There is ample parking at this property! Room for at least 6 cars at the house level and additional parking in the blacktop pull-off above. Minimal stairs here, instead you will find concrete sidewalks designed for easy movement between the lakefront and the main and boathouses. A solid seawall protects your waterfront. There is a dock in the boathouse that remains with the property. This property represents a solid, sound investment for the savvy lake buyer. Rarely will you find a DIRECT LAKEFRONT parcel of of this size, at this price, available for sale on the East side of Otsego Lake.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Features
    • Water Filtration Sys
    • Basement: Full, Walk-Out
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,420 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    • On waterfront: Yes
    Lot
    • Size: 5.94 Acres
    Details
    • Parcel number: 36388970141200

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Metal
    • Roof: Asphalt
    Condition
    • Year built: 1950

    Community & HOA

    Location
    • Region: Cooperstown

    Financial & listing details

    • Price per square foot: $614/sqft
    • Tax assessed value: $838,021

    Price history

    DateEventPrice
    12/4/2019Sold$595,000-4.8%$419/sqft
    Source: NYSAMLSs #OD123043 Report a problem
    9/2/2019Pending sale$625,000$440/sqft
    Source: Lake Lady Property Management #123043 Report a problem
    8/22/2019Listed for sale$625,000-60.9%$440/sqft
    Source: Lake Lady Property Management #123043 Report a problem
    7/16/2017Listing removed$1,599,000$1,126/sqft
    Source: Frank Lumia Real Estate Plus!, #106907 Report a problem
    7/26/2016Listed for sale$1,599,000$1,126/sqft
    Source: Frank Lumia Real Estate Plus!, #106907 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $402,250
    2024-- $402,250
    2023-- $402,250
    2022-- $402,250 +10.7%
    2021-- $363,500
    2020-- $363,500 +9.5%
    2019-- $331,900
    2018-- $331,900
    2017$7,338 +190.7%$331,900
    2016$2,524 $331,900
    2015-- $331,900
    2014-- $331,900
    2013-- $331,900
    2012-- $331,900
    2011-- $331,900
    2010-- $331,900
    2009-- $331,900
    2008-- $331,900
    2007-- $331,900
    2006-- $331,900
    2005-- $331,900
    2004-- $331,900 +140.9%
    2003-- $137,800
    2002-- $137,800
    2001-- $137,800
    2000-- $137,800
    Find assessor info on the county website

    Neighborhood: 13326

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cooperstown

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.