Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to GlobalFoundries, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District. Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road
Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)
Active
$3,750,000
460 Cold Spring Road, Saratoga Springs, NY 12866
22beds
4,738sqft
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$791/sqft
$-- HOA
What's special
- 3 days |
- 621 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 07:32am
Listing by:
Julie & Co Realty LLC 518-350-7653,
Charles B Goodridge 518-409-1218
Source: Global MLS,MLS#: 202613597
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 13
- Full bathrooms: 12
- 1/2 bathrooms: 1
Heating
- Electric, Propane
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum
- Basement: Other
Interior area
- Total structure area: 4,738
- Total interior livable area: 4,738 sqft
- Finished area above ground: 4,738
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 15
- Parking features: Off Street, Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Exterior features: None
Lot
- Size: 21.3 Acres
- Features: Road Frontage, Irregular Lot
Details
- Parcel number: 415289 230.111
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
- Roof: Asphalt
Condition
- Year built: 1970
Utilities & green energy
- Electric: 100 Amp Service, 150 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Saratoga Springs
Financial & listing details
- Price per square foot: $791/sqft
- Tax assessed value: $103,977
- Annual tax amount: $16,005
- Date on market: 3/19/2026
- Tenant pays: Heat, Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,486/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $3,750,000$791/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $5,686 | $94,100 |
| 2017 | $5,686 +67.1% | $94,100 |
| 2016 | $3,403 | $94,100 |
| 2015 | -- | $94,100 |
| 2014 | -- | $94,100 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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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Neighborhood: 12866
Nearby schools
GreatSchools rating
- 7/10Stillwater Elementary SchoolGrades: PK-5Distance: 5.8 mi
- 5/10Stillwater Middle School High SchoolGrades: 6-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Stillwater
- High: Stillwater
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- 460 Cold Spring Road
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