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Sold for $450,000
  • $450,000

    48 Tara Dr, Saranac Lake, NY 12983

    4beds
    2,330sqft
    Single Family Residence
    Built in 1972
    0.42 Acres Lot
    $452,100 Zestimate®
    $193/sqft
    $3,146 Estimated rent

    Home value

    $452,100

    Estimated sales range

    Not available

    $3,146/mo

    Zestimate® history
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    What's special

    Beautifully finished lower levelSpacious bedroomsQuiet streetUpdated above-grade living spaceWell-appointed kitchenBright and functional layout
    Charming and versatile Saranac Lake home offering the perfect blend of comfort, space, and income potential. Ideally located within the Village of Saranac Lake, this well-maintained property features an updated above-grade living space plus a beautifully finished lower level, providing additional room for guests, a home office, or recreation. The main level offers a bright and functional layout with multiple living areas, a well-appointed kitchen, and spacious bedrooms. The finished lower level expands the home's flexibility with additional living space, office/bedroom options, and laundry. A standout feature is the detached garage with a 1-bedroom apartment above--ideal for generating rental income, hosting guests, or creating a private workspace. Whether you're looking for a primary residence with added flexibility or an investment opportunity, this property delivers. Situated on a quiet street just minutes from downtown shops, restaurants, and outdoor recreation, this home provides easy access to everything the Adirondacks have to offer. Don't miss this unique opportunity to own a multi-functional property in one of the region's most desirable communities. Listing agent is related to the Seller.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dylan Duffy,

    Engel & Volkers Lake Placid Real Estate

    Bought with:

    Blythe Niles-Linster, 10401305210

    Engel & Volkers Lake Placid Real Estate

    Source: ACVMLS,MLS#: 206741MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: First
    • Area: 15312 Square Feet
    • Dimensions: 132 x 116
    Bedroom 2
    • Level: First
    • Area: 11374 Square Feet
    • Dimensions: 121 x 94
    Bedroom 3
    • Level: First
    • Area: 10209 Square Feet
    • Dimensions: 123 x 83
    Bedroom 4
    • Level: Upper
    • Area: 11211 Square Feet
    • Dimensions: 111 x 101
    Bathroom
    • Level: First
    • Area: 2024 Square Feet
    • Dimensions: 46 x 44
    Bathroom
    • Level: First
    • Area: 5508 Square Feet
    • Dimensions: 81 x 68
    Bathroom
    • Level: Upper
    • Area: 4095 Square Feet
    • Dimensions: 91 x 45
    Den
    • Level: Basement
    • Area: 27305 Square Feet
    • Dimensions: 215 x 127
    Dining room
    • Level: First
    • Area: 12312 Square Feet
    • Dimensions: 114 x 108
    Kitchen
    • Level: First
    • Area: 3552 Square Feet
    • Dimensions: 74 x 48
    Kitchen
    • Level: Upper
    • Area: 11495 Square Feet
    • Dimensions: 121 x 95
    Laundry
    • Level: Basement
    • Area: 11814 Square Feet
    • Dimensions: 179 x 66
    Living room
    • Level: First
    • Area: 45668 Square Feet
    • Dimensions: 233 x 196
    Living room
    • Level: Upper
    • Area: 22484 Square Feet
    • Dimensions: 154 x 146
    Office
    • Level: Basement
    • Area: 11466 Square Feet
    • Dimensions: 117 x 98
    Utility room
    • Level: Basement
    • Area: 28952 Square Feet
    • Dimensions: 188 x 154
    Cooling
    • Ceiling Fan(s), Ductless
    Appliances
    • Included: Cooktop, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan, Washer/Dryer
    • Laundry: In Basement, Inside, Laundry Room, Lower Level
    Features
    • Apartment, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Recessed Lighting, Storage
    • Flooring: Laminate
    • Doors: Mirrored Closet Door(s), Sliding Doors, Storm Door(s)
    • Basement: Full,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log, Insert
    Interior area
    • Total structure area: 2,616
    • Total interior livable area: 2,330 sqft
    • Finished area above ground: 1,834
    • Finished area below ground: 496

    Property

    Parking
    • Parking features: Additional Parking, Driveway, Lighted
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Side Porch
    • Exterior features: Fire Pit, Lighting, Outdoor Grill, Private Entrance, Private Yard, Smart Light(s), Smart Lock(s), Storage
    • Has view: Yes
    • View description: Neighborhood, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.42 Acres
    • Features: Corner Lot, Few Trees, Front Yard, Landscaped
    Details
    • Additional structures: Garage(s)
    • Parcel number: 32.279233.000
    • Other equipment: Call Listing Agent

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Asphalt, Concrete, Shake Siding, Stone
    • Foundation: Block
    • Roof: Asphalt,Metal,Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Water Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Saranac Lake

    Financial & listing details

    • Price per square foot: $193/sqft
    • Tax assessed value: $222,000
    • Annual tax amount: $1,638
    • Date on market: 3/19/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Lease term: Short Term Lease
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/25/2026Sold$450,000-7.2%$193/sqft
    Source: ACVMLS #206741 Report a problem
    5/22/2026Pending sale$485,000$208/sqft
    Source: Engel & Volkers #206741 Report a problem
    5/21/2026Listed for sale$485,000$208/sqft
    Source: Engel & Volkers #206741 Report a problem
    5/7/2026Pending sale$485,000$208/sqft
    Source: ACVMLS #206741 Report a problem
    3/19/2026Listed for sale$485,000+142.5%$208/sqft
    Source: ACVMLS #206741 Report a problem
    8/31/2022Sold$200,000-11.1%$86/sqft
    Source: ACVMLS #176502 Report a problem
    6/30/2022Pending sale$225,000$97/sqft
    Source: ACVMLS #176502 Report a problem
    6/16/2022Listed for sale$225,000+7.4%$97/sqft
    Source: ACVMLS #176502 Report a problem
    7/20/2004Sold$209,400+158.5%$90/sqft
    Source: Agent Provided Report a problem
    9/25/1991Sold$81,000$35/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $222,000 -32.3%
    2024-- $328,100 +9.2%
    2023-- $300,500 +17.4%
    2022-- $256,000 +12.2%
    2021-- $228,200 -4.8%
    2020-- $239,600 +7.9%
    2019-- $222,000 +11%
    2018-- $200,000 +6.2%
    2017$3,910 $188,400
    2016-- $188,400
    2015-- $188,400
    2014-- $188,400
    2013-- $188,400
    2012-- $188,400
    2011-- $188,400 -3%
    2010-- $194,200
    2009-- $194,200 +5%
    2008-- $185,000 +2.5%
    2007-- $180,500 +17.5%
    2006-- $153,600 +12%
    2005-- $137,100 +10%
    2004-- $124,600
    Find assessor info on the county website

    Neighborhood: 12983

    Nearby schools

    GreatSchools rating