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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
    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.
    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#: 206751MLS Logo

    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
        DateEventPrice
        3/22/2026Listed for sale$401,000+0.5%$160/sqft
        Source: ACVMLS #206751 Report a problem
        2/12/2026Listing removed$399,000$159/sqft
        Source: Engel & Volkers #203773 Report a problem
        7/11/2025Price change$399,000-6.1%$159/sqft
        Source: ACVMLS #203773 Report a problem
        5/16/2025Price change$425,000-7.4%$169/sqft
        Source: ACVMLS #203773 Report a problem
        2/7/2025Price change$459,000-7.3%$183/sqft
        Source: ACVMLS #203773 Report a problem
        1/10/2025Listed for sale$495,000$197/sqft
        Source: ACVMLS #203742 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12983

        Getting around

        46 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 12983

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