Pine Terrace Motel & Resort 1616 State Route 30 18 Room Hotel Tupper Lake, NY 12986 $1,200,000 ($66,667/Room)

INVESTMENT HIGHLIGHTS

  • Heated Swimming Pool
  • Playground
  • 260 ft on Big Tupper Lake
  • Basketball Court
  • 7 Cabins - 4 with their own fireplace
  • Borders Tupper Lake 18 hole Championship Golf Course

EXECUTIVE SUMMARY

Unique Waterfront Property with Multiple Income Opportunities Located just minutes from the charming village of Tupper Lake, this exceptional 20-unit property offers both privacy and convenience, with endless possibilities for investment or personal use. Nestled on over 7 acres in the Adirondacks, this property features 19 separate buildings, including a spacious three-bedroom, two-bathroom main house, perfect for owner occupancy and contains an office right below the house if you choose to use it as business or it could be used for more space. Among the structures, you'll find a charming duplex near the center of the property that also has a great porch attached, along with several beautiful cabins (1-2 bedrooms each)with 4 of them having their own fireplaces, providing the potential for a vacation rental business, a retreat center, or even a small-scale resort that can be used four seasons. The central courtyard is home to a heated swimming pool, surrounded by a large, open yard offering plenty of space for family gatherings, games, or outdoor events. With its stunning beach frontage, a boat launch area, and direct access to Tupper Lake, outdoor enthusiasts will enjoy the serene water views making it a dream for fishers and recreational opportunities. Additionally, the property borders the renowned Tupper Lake 18-hole Championship Golf Course, making it ideal for golfers looking for a peaceful retreat while being just a short drive from town. Whether you envision a getaway destination, a long-term investment, or a private family estate, this property provides ample space and flexibility for a variety of uses. Don't miss out on this one-of-a-kind opportunity!

PROPERTY FACTS

Price $1,200,000
Price Per Room $66,667
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 7.22 AC
Building Size 15,000 SF
No. Rooms 18
No. Stories 1
Year Built 1945
Parking Ratio 6.67/1,000 SF
Corridor Exterior
Zoning No zoning - No zoning in area.

AMENITIES

  • Pool
  • Beach (direct access)

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 18 $67.00 -
  • Listing ID: 35009192

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 1616 State Route 30, Tupper Lake, NY 12986