New construction

$1,275,000

238 Paye Rd, Vermontville, NY 12989

6beds

2,482sqft

Single Family Residence

Built in 2021

37.5 Acres Lot

$-- Zestimate^®

$514/sqft

$-- HOA

What's special

Additional half bathLoft bedroomDeck with hot tubDining areaFull kitchen and bath

Rare opportunity to own a 4 unit rental income property located on a 37.5 acre legacy apple orchard in Vermontville within 30 minutes of Lake Placid. Two apartment units are located in a barn duplex and are rented long term. There are also two separate luxury short term vacation rental cottages. The total rental income is over $144,000 annually. The Solar cottage includes a full kitchen, dining area, full bath, bedroom and deck with hot tub and panoramic views of the high peaks. The Chalet log cabin includes a covered screened in porch, full kitchen and bath, additional half bath, loft bedroom and hot tub in rear yard area. Sold furnished, this property presents an exceptional opportunity whether you are seeking extremely strong rental income or envisioning a private family compound.

2 days

341

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Bedroom 1

Level: First
Area: 88 Square Feet
Dimensions: 8 x 11

Bedroom 2

Level: First
Area: 96 Square Feet
Dimensions: 8 x 12

Dining room

Level: First
Area: 182 Square Feet
Dimensions: 13 x 14

Kitchen

Level: First
Area: 72 Square Feet
Dimensions: 8 x 9

Living room

Level: First
Area: 126 Square Feet
Dimensions: 9 x 14

Heating

Geothermal, Propane

Cooling

Geothermal

Appliances

Included: Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry: Lower Level

Features

Stone Counters, Apartment, Cathedral Ceiling(s), High Ceilings, High Speed Internet, Vaulted Ceiling(s)
Flooring: Simulated Wood, Tile
Windows: Wood Frames
Has fireplace: Yes

Interior area

Total structure area: 2,482
Total interior livable area: 2,482 sqft
Finished area above ground: 2,482
Finished area below ground: 0

Property

Parking

Parking features: On Site

Features

Levels: Two
Patio & porch: Deck, Enclosed, Porch, Screened
Exterior features: Lighting, Private Yard
Has view: Yes
View description: Garden, Mountain(s), Orchard, Trees/Woods

Lot

Size: 37.5 Acres
Features: Garden, Landscaped, Level, Many Trees, Orchard(s), Private, Views
Topography: Level

Details

Additional structures: Guest House
Parcel number: 369.145.100
Zoning: Residential
Other equipment: Generator

Construction

Type & style

Home type: SingleFamily
Architectural style: Adirondack,Cabin
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Poured
Roof: Asphalt

Condition

New Construction,Updated/Remodeled
New construction: Yes
Year built: 2021

Utilities & green energy

Sewer: Septic Tank
Water: Well Drilled
Utilities for property: Electricity Connected, Internet Connected, Propane

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Vermontville

Financial & listing details

Price per square foot: $514/sqft
Tax assessed value: $740,813
Annual tax amount: $6,114
Date on market: 8/6/2026
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,Conventional
Lease term: Short Term Lease
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/6/2026	Listed for sale	$1,275,000+1008.7%$514/sqft
Source: ACVMLS #208078 Report a problem
11/4/2020	Sold	$115,000$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$457,600 +656.4%
2024	--	$60,500
2023	--	$60,500
2022	--	$60,500
2021	--	$60,500
2020	--	$60,500
2019	--	$60,500
2018	--	$60,500
2017	$1,156	$60,500
2016	--	$60,500
2015	--	$60,500
2014	--	$60,500
2013	--	$60,500
2012	--	$60,500
2011	--	$60,500 +82.8%
2010	--	$33,100
2009	--	$33,100
2008	--	$33,100
2007	--	$33,100
2006	--	$33,100
2005	--	$33,100
2004	--	$33,100
2003	--	$33,100 +23.5%
2002	--	$26,800
2001	--	$26,800

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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