5420 STATE ROUTE 8, Chester, NY 12817 (MLS# 202030862)

Original List Price: 659500

Offered Lease/Sqft: 95.64

List Price/SqFt: 95.58

Sold Price/SqFt: 95.64

List Price/Acres: 549583.33

Sold Price/Acres: 549916.67

Status: Closed

Property Sub Type: Mixed Use

Sold Price: $659,900

Listing Contract Date: 2020-10-15

Current Price: $659,900

City/Town (Mail): Chestertown

Street Number: 5420

Street Name: STATE ROUTE 8

County: Warren

State/Province: NY

Postal Code: 12817

Geo Lat: 43.661243

Geo Lon: -73.839688

Year Established: 1998

Stories: 2

Number Of Buildings: 6

Business Name: Lakeside at Loon Lake

Lot Size Square Feet: 52272

Zoning: Commercial

Lot Size Dimensions: 1.2 acres

Lot Size Acres: 1.2

Building Area Total: 6900

Building Available SQFT: 6900

Waterfront Y/N: Yes

Water Body Name: Loon Lake

Enhanced Accessible Y/N: No

Year Built: 1890

Bathrooms Total: 13

Parcel Number: 522400 103-1-19

Tax Annual Amount: 5560

Tax Section: 103

Total Taxes Description: Estimated

Tax Block: 1

Tax Lot: 19

School District: North Warren

Elementary School: North Warren Central

High School: North Warren Central

Association Y/N: No

Directions: From Exit 25 on the NYS Northway (RT 87) Turn west onto Route 8 toward Chestertown. Approximately 4 miles, there will be a large bend in the road as you pass the waterfall, property will be on the left. Loon Lake Beach will be directly across the street. Sign "Lakeside at Loon" is right after the driveway. All units are dark green with brown trim. Appointment required.

Public Remarks: LIVE IN RESIDENCE, let RENTALS PAY YOUR BILLS. MUST SEE INTERIOR, this isn't a drive by!!! Well-appointed, newly renovated, 6 bedroom House w/ lake view, across the street from LOON LAKE Beach. Property has a PROSPEROUS business successfully run as weekly+ VACATION RENTALS in CABINS (4), suites (2), and the main house Expand into winter season too. All units have full-size appliances, Adirondack rustic style furniture, A/C & heat, all have been RENNOVATED by current owners. This is not a reno as it has been done already! Continue running it as a small resort or purchase it for your family & friends. INCREDIBLE VALUE for the region, don't miss out. Owner financing for well-qualified buyers possible. Due to guests, please do NOT come on property without an appointment, call Heidi.

Septic Tank: 1

Carpeting: 1

Sign Free Standing: 1

Sign Roof: 1

Other: 1

See Remarks: 1

Commercial: 1

Housekeeping Cottages: 1

Mixed Use: 1

Office: 1

Traditional: 1

Other: 1

See Remarks: 1

Amps (Legacy): 200

Phase (Legacy): 1

Volt (Legacy): 240

General Taxes: 2259

General Taxes Description: Estimated

School Taxes: 2631

School Taxes Description: Estimated

Seller Financing: No

Central Air: 1

Pillar/Post/Pier: 1

Office Available SQFT: 150

Office Ceiling Height: 7

Retail Available SQFT: 0

Warehouse Available SQFT: 0

Construction Materials (Legacy): wood frame

24 Hour Notice: 1

Agent to Accompany: 1

Showing Service: 1

Ownership: Other~See Remarks

Other: 1

See Remarks: 1

Cable Available: 1

Electricity Available: 1

High Speed Internet: 1

Phone Available: 1

Water Available: 1

Asphalt: 1

Metal: 1

Water: 1

Other: 1

See Remarks: 1

Block: 1

Stone: 1

Dug: 1

Other: 1

See Remarks: 1

Forced Air: 1

Propane: 1

Water Sewer Expense: 0

Living Space: 1

Office Space: 1

Parking Total: 20

Dirt: 1

Paved: 1

Private: 1

Business: 1

Commercial House Plus: 1

Hotel/Motel: 1

Mixed: 1

Other: 1

See Remarks: 1

Status Change Date: 2021-10-14

Under Contract Date: 2021-06-17

Sold Date: 2021-10-12

Sold Price: $659,900