Adirondack Investment Opportunity - 7 Covered Bridge Lane, Jay, NY
Discover the potential at 7 Covered Bridge Lane in Jay, NY. This 3-bedroom, 1.5-bath home offers approximately 1,508 square feet of living space and is an excellent opportunity for investors, renovators, vacation home buyers, or owner-occupants looking to build equity in the heart of the Adirondacks.
Built in 1988, the home features public water, a cozy fireplace, and a versatile floor plan with the potential for a 4th bedroom, home office, or guest space. The property has been cleaned out, the electricity is on, and the home is currently winterized. All new subfloor has already been installed, providing a solid foundation for renovations while also allowing easy access to the plumbing from above without the need to work underneath the home. This makes future plumbing updates or repairs significantly more convenient. Conventional financing may be possible depending on lender requirements, while renovation, cash, or hard money financing are also strong options.
Located just minutes from Whiteface Mountain Ski Resort, Lake Placid, Wilmington, the Ausable River, Ausable Chasm, hiking trails, fishing, kayaking, mountain biking, and endless year-round recreation, this property is ideally situated for a primary residence, second home, or vacation rental opportunity (buyer to verify local regulations).
Enjoy the scenic setting near Jay's historic covered bridge, waterfront access, and a nearby park featuring tennis courts, green space, and fishing. With strong upside potential, a desirable location, and easy access to some of the Adirondacks' most sought-after destinations, this property offers an outstanding opportunity to create value while enjoying everything the region has to offer.
Property is being sold as-is. Buyers are encouraged to complete all inspections and due diligence prior to submitting an offer.
Active
Price cut: $5K (8/20)
$69,999
7 Covered Bridge Lane, Jay, NY 12941
3beds
1,508sqft
Single Family Residence, Residential
Built in 1988
0.3 Acres Lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
Cozy fireplaceWaterfront accessVersatile floor plan
- 8 days
- 206
- 15
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Wolf River Real Estate LLC 518-390-7059,
Angela Gonyo 518-390-7059
Source: Global MLS,MLS#: 202627310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Family room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Office
- Level: First
Utility room
- Level: First
Heating
- Forced Air, None
Cooling
- None
Appliances
- Included: Electric Oven, Range, Refrigerator
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 1,508
- Total interior livable area: 1,508 sqft
- Finished area above ground: 1,508
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: None
Lot
- Size: 0.3 Acres
Details
- Parcel number: 152800 27.10431.000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Jay
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $72,700
- Annual tax amount: $1,519
- Date on market: 10/1/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,550/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $69,999-6.7%$46/sqft |
Source: | ||
| 8/1/2026 | Listed for sale | $74,999-6.3%$50/sqft |
Source: | ||
| 8/1/2026 | Listing removed | $79,999$53/sqft |
Source: | ||
| 6/24/2026 | Price change | $79,999-11.1%$53/sqft |
Source: NY State MLS #11740658 Report a problem | ||
| 4/28/2026 | Listed for sale | $89,999+28.6%$60/sqft |
Source: | ||
| 3/26/2026 | Listing removed | $69,999$46/sqft |
Source: | ||
| 1/22/2026 | Listed for sale | $69,999+1150%$46/sqft |
Source: | ||
| 7/20/2006 | Sold | $5,600$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $72,700 +4% |
| 2024 | -- | $69,900 |
| 2023 | -- | $69,900 +9% |
| 2022 | -- | $64,100 +18% |
| 2021 | -- | $54,300 -13.7% |
| 2020 | -- | $62,900 |
| 2019 | -- | $62,900 |
| 2018 | -- | $62,900 |
| 2017 | $420 | $62,900 |
| 2016 | -- | $62,900 |
| 2015 | -- | $62,900 |
| 2014 | -- | $62,900 |
| 2013 | -- | $62,900 |
| 2012 | -- | $62,900 -15% |
| 2011 | -- | $74,000 |
| 2010 | -- | $74,000 +9.5% |
| 2009 | -- | $67,600 +10.1% |
| 2008 | -- | $61,400 +13.4% |
| 2007 | -- | $54,160 +6.6% |
| 2006 | -- | $50,820 +19.7% |
| 2005 | -- | $42,470 +8.9% |
| 2004 | -- | $38,990 +14.2% |
| 2003 | -- | $34,150 |
| 2002 | -- | $34,150 |
| 2001 | -- | $34,150 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12941
Nearby schools
Schools provided by the listing agent
- High: AuSable Valley
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





