Active

238 Paye Road

Vermontville, NY 12989

$1,275,000 $5,375/Mo

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Overview

Bed

Bath

2,482

Sqft

37.50

Acres(Lot)

Description

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.

Property Details

Property Type : Residential

Price : $1,275,000

AD Id : 89196408

MLS Id : 208078

Beds : 6

Lot Size : 37.50 Acres

Living Area Size : 2,482

Year Built : 2021

County : Franklin

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 5 Full Baths: 4 Half Baths: 1

Room Information

Rooms Total: 5
Flooring Information

Simulated Wood, Tile
Roofing Information

Asphalt
Interior Features

Cathedral Ceiling(s), High Ceilings, High Speed Internet, Stone Counters, Vaulted Ceiling(s) Roof: Asphalt Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer Laundry Features: Lower Level Window Features: Wood Frames
Heating & Cooling

Has Heating: Yes Heating: Geothermal, Propane Has Cooling: Yes Cooling: Geothermal

Building Information

Year Built: 2021 Building Area Total: 2482 Construction Materials: Wood Siding Patio And Porch Features: Deck, Enclosed, Porch, Screened Private Pool: No View: Garden, Mountain(s), Orchard, Trees/Woods
Exterior Features

Exterior Features: Lighting, Private Yard

Lot Information

Main Square Feet: 37.5 Acres Lot Size Acres: 37.5 Lot Size Square Feet: 1633500 Lot Description: Wooded, Garden, Landscaped, Level, Many Trees, Orchard(s), Private, Views

Listing Price Information

Listing Price: $1275000 1031 Exchange, Cash, Conventional

Tax Information

Parcel Number: 369.-1-45.100 Annual Tax: $6114.88

Parking Information

On Site

Garage Information

Pets Allowed: Yes

Utility Information

Electricity Connected, Propane
Location Information

Direction: Follow GPS to Paye road in Vermontville WaterSource: Private, Well Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
18 Turkey Run Road, Vermontville, NY, 12989	$550,000	3	2	1,750	1,750 SqFt
8330 State Route 3, Vermontville, NY, 12989	$379,000	3	2	1,466	1,466 SqFt
2837 County Route 26, Vermontville, NY, 12989	$189,000	2	1	792	792 SqFt

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ByOwner last updated this listing 08/28/2026 @ 12:13

MLS: 208078 LISTED BY: Mark Adler, Adirondack Premier Properties Berkshire Hathaway HomeService 518-523-3333 SOURCE: AdirondackChamplain Valley MLS