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1 Rainbow Way

Malta, NY 12020
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$998,000 $4,207/Mo
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Bed 5

Bed

Bath 6

Bath

SqFt3,450

Sqft

Acres2.10

Acres(Lot)

Acreage, privacy, tranquility and sophistication galore! Constructed, remodeled, and lovingly cared for by the same family, this one-owner estate offers 5 bedrooms, 6 baths, and exceptional versatility throughout. The heart of the home is a stunning chef's kitchen featuring top-of-the-line Sub-Zero and Thermador appliances, a massive center island with bar seating, custom decorative ceiling, statement lighting, brick accents, and double wall ovens to create an impressive yet functional space, filled with natural light from oversized windows and doors. The spacious first floor also includes a grand family room with vaulted ceilings and a full masonry wood-burning fireplace, an elegant sitting room with hardwood floors and gas stove, formal dining room, executive office, parlor/piano room, j unior primary suite, and an additional bedroom. Upstairs, the luxurious primary suite offers a private balcony overlooking the 20x40 kidney-shaped inground pool and serene backyard; your own nature-filled retreat. The finished lower level features a gym, craft room, game room, powder room, ample storage, and separate entrance (in-law headquarters potential.) The outstanding detached outbuilding, currently used as a workshop, offering 1,334 sq ft on the first floor (12'4'' ceilings) plus 450 sq ft of second-floor storage (7' ceilings). Equipped with three 10' x 9' overhead doors, radiant heated floors, separate gas, hot water boiler, and half bath, with most of the metal storage shelving possible to be included. Additional highlights include an attached 2-car garage, spacious mudroom. The pool is scheduled to open by the end of May. Ideally located near Saratoga Lake public marinas, waterfront dining, just 6 miles to downtown Saratoga Springs, and minutes to Saratoga Race Course. Shed, chicken coop, marble bench and 1 cabinet in the garage are excluded. The remaining items could be negotiable.

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Detail Ic Property Details

Property Type : Residential

Price : $998,000

AD Id : 88162032

MLS Id : 20264042

Beds : 5

Lot Size : 2.10 Acres

Living Area Size : 3,450 Sq. Ft

Tax Amount : $11,029

Year Built : 1995

Garage : 7

County : Saratoga

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 6 Full Baths: 3 Half Baths: 3

    Room Information

    Rooms Total: 16 Has Basement: Yes Basement: Finished, Full, Walk-Out Access

  • Flooring Information

    Carpet, Ceramic Tile, Hardwood, Linoleum, Tile, Wood

  • Roofing Information

    Asphalt, Shingle

  • Interior Features

    Built-in Features, Cathedral Ceiling(s), Crown Molding, Central Vacuum, High Speed Internet, Open Floorplan, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Master Downstairs Roof: Asphalt, Shingle Appliances: Cooktop, Double Oven, Dishwasher, Washer/Dryer Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup Window Features: Wood Frames

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas, Radiant, Radiant Floor Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1995 Building Area Total: 3450 Construction Materials: Cedar, Stone Patio And Porch Features: Covered, Patio, Porch Pool Features: In Ground, Outdoor Pool, Salt Water Private Pool: No

  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 2.1 Acres Lot Size Acres: 2.1 Lot Size Square Feet: 91476 Lot Description: Cleared, Corner Lot, Landscaped, Private

  • Listing Price Information

    Listing Price: $998000 Original Price: $1075000

  • Tax Information

    Parcel Number: 204.-4-17.14 Tax Lot: 4 Tax Block: 17.14 Annual Tax: $11029 Tax Legal Desc: Estimated

  • Parking Information

    Garage Door Opener, Heated Garage, Off Street, Paved, Attached, Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 7

  • Utility Information

    Cable Available, Cable Connected

  • Location Information

    WaterSource: Private, Well Security Features: Building Security, Closed Circuit Camera(s)
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ulster County Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Ulster County Board of REALTORS®, Inc.

ByOwner last updated this listing 10/06/2026 @ 08:52

MLS: 20264042 LISTED BY: Vera Cohen, Vera Cohen Realty, LLC SOURCE: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS)

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