Description
A rare and highly flexible investment opportunity in the harristown area of saranac lake, hillman's cottages offers a private compound of seven total units with zoning that allows for unlimited short-term rentals — and without the burden of village taxes.
set on a quiet, wooded lot, the property includes a charming main residence with a separate upstairs one-bedroom apartment, plus six detached cottages — a mix of one- and two-bedroom units. these cottages are well-spaced across the property, providing privacy for guests and maximizing rental appeal. one cottage is currently leased on a long-term basis, while the others are on flexible monthly agreements, allowing for an easy transition into more profitable short-term rental operations.
each cottage offers its own character and functionality, ideal for nightly rentals, seasonal stays, or longer-term tenants. investors will appreciate the built-in revenue streams and the opportunity to enhance returns by upgrading units, adjusting rental strategy, or marketing the property as a boutique vacation compound.
with high demand for vacation accommodations in the adirondacks, str-friendly zoning, and low carrying costs, hillman's cottages is a uniquely positioned asset for those seeking stable income, long-term appreciation, and operational flexibility in one of the region's most desirable markets.
Property Type
ResidentialCounty
FranklinStyle
Adirondack,CottageAD ID
49718434
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BuyOwner last updated this listing 05/14/2025 @ 23:28
- MLS: 204526
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Adirondack
is a Home, with 8 bedrooms which is for sale, it has 1,600 sqft, 2 sized lot, and 1 parking. are nearby neighborhoods.