Nestled amidst the serene backdrop of the Adirondacks, 48 Old Lake Colby Road is a charming old-style home that promises a harmonious blend of privacy and accessibility. As you approach this enchanting residence, the whisper of the surrounding forest and the soft chirping of birds welcome you to a life of tranquil living. Step inside to discover a warm and inviting interior, where four spacious bedrooms and four well-appointed bathrooms offer ample space for family and guests alike. The home's rich wooden floors and large windows bathe each room in natural light, creating an atmosphere of cozy comfort. The heart of the home, a generous kitchen, has modern appliances and plenty of counter space. The aroma of home-cooked meals and laughter can easily fill the air, making it the perfect gathering spot. Upstairs, an additional kitchen presents a unique opportunity for those seeking an in-law suite or a potential rental unit, adding versatility and value to this already captivating home. Outside, the property boasts a secluded ambiance, yet it is mere moments from the vibrant Lake Placid shopping area, offering the best of both worlds. The enchanting Lake Colby is a stone's throw away, inviting you to partake in peaceful morning kayaking or reflective evening strolls along its shores. For the adventurous at heart, nearby hiking trails and the rail trail await to satisfy your thirst for outdoor exploration. Adding to the allure, a tenant-occupied back cabin provides a steady rental income. This feature ensures that your investment is as practical as it is picturesque. 48 Old Lake Colby Road isn't just a home; it's a sanctuary where nature's beauty is your daily backdrop, and life's simple pleasures are found in every corner. Welcome to your personal retreat, where each day feels like a timeless escape.
For sale
$401,000
48 Old Lake Colby Rd, Saranac Lake, NY 12983
4beds
2,510sqft
Single Family Residence
Built in 1930
0.78 Acres Lot
$404,500 Zestimate®
$160/sqft
$-- HOA
What's special
Rich wooden floorsFour spacious bedroomsFour well-appointed bathroomsSecluded ambiance
- 9 days |
- 1,890 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 05:16pm
Listing by:
NY Living Realty 518-963-8181,
Richard Yeager
Source: ACVMLS,MLS#: 206751
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Carpet
- Level: First
- Area: 12816 Square Feet
- Dimensions: 144 x 89
Primary bathroom
- Features: Laminate Counters
- Level: First
- Area: 7139 Square Feet
- Dimensions: 121 x 59
Living room
- Features: Hardwood
- Level: First
- Area: 25000 Square Feet
- Dimensions: 250 x 100
Heating
- Oil, Propane
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator, Washer/Dryer
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Ceiling Fan(s), Entrance Foyer, In-Law Floorplan, Master Downstairs
- Flooring: Carpet, Hardwood
- Basement: Concrete,Sump Pump
- Number of fireplaces: 1
Interior area
- Total structure area: 2,510
- Total interior livable area: 2,510 sqft
- Finished area above ground: 2,510
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 0.78 Acres
- Features: Gentle Sloping, Many Trees, Private, Sloped Up
- Topography: Sloping
Details
- Additional structures: Guest House
- Parcel number: 446.5216
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Old Style
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected, Propane
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Saranac Lake
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $297,500
- Annual tax amount: $2,505
- Date on market: 3/22/2026
- Listing agreement: Exclusive Right To Sell
- Lease term: Short Term Lease
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$404,500
$384,000 - $425,000
$2,844/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2026 | Listed for sale | $401,000+0.5%$160/sqft |
Source: | ||
| 2/12/2026 | Listing removed | $399,000$159/sqft |
Source: | ||
| 7/11/2025 | Price change | $399,000-6.1%$159/sqft |
Source: | ||
| 5/16/2025 | Price change | $425,000-7.4%$169/sqft |
Source: | ||
| 2/7/2025 | Price change | $459,000-7.3%$183/sqft |
Source: | ||
| 1/10/2025 | Listed for sale | $495,000$197/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $190,400 |
| 2023 | -- | $190,400 |
| 2022 | -- | $190,400 |
| 2021 | -- | $190,400 |
| 2020 | -- | $190,400 |
| 2019 | -- | $190,400 |
| 2018 | -- | $190,400 |
| 2017 | $2,126 | $190,400 |
| 2016 | -- | $190,400 |
| 2015 | -- | $190,400 |
| 2014 | -- | $190,400 |
| 2013 | -- | $190,400 |
| 2012 | -- | $190,400 |
| 2011 | -- | $190,400 |
| 2010 | -- | $190,400 +12.3% |
| 2009 | -- | $169,600 |
| 2008 | -- | $169,600 |
| 2007 | -- | $169,600 |
| 2006 | -- | $169,600 |
Find assessor info on the county website
Monthly 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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Climate risks
Neighborhood: 12983
Nearby schools
GreatSchools rating
- 4/10Petrova Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Saranac Lake Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Saranac Lake Senior High SchoolGrades: 9-12Distance: 0.7 mi
Local experts in 12983
- New York
- Franklin County
- Saranac Lake
- 12983
- 48 Old Lake Colby Rd






