Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Admiral Peabody's Lakeside Lodging 3305 County Road 30 6 Room Hotel Watkins Glen, NY 14891 $1,200,000 ($200,000/Room)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Admiral Peabody's is a house with an office on 1 parcel and on the 2 nd adjacent parcel , 5 individual lakeside cottage units nestled on the western s
  • Each unit features a deck with comfortable furniture and a gas grill, all boasting picturesque views of Seneca Lake.
  • Pre season bookings over $100,000 at Approximately 50 percent more bookings to reserve.
  • The accommodations consist of (1) a three-bedroom house, (2) two-bedroom cottages, (1) a one-bedroom cottage, and (2) one-room bungalows.
  • Possible owner financing with good credit, and good down payment , owners ready to retire.
  • 3 metered units available to rent in off season if desire to rent during the off season.

EXECUTIVE SUMMARY

Property Description
Discover the unique charm of Admiral Peabody's is a collection of six individual lakeside cottages nestled on the western shores of Seneca Lake at 3305-3309 Salt Point Road, Watkins Glen, NY 14891. This laid-back resort offers a distinctive "home with a lake included" experience. The accommodations consist of (1) a three-bedroom house, (2) two-bedroom cottages, (1) a one-bedroom cottage, and (2) one-room bungalows. Each unit features a deck with comfortable furniture and a gas grill, all boasting picturesque views of Seneca Lake. Admiral Peabody's is dog-friendly and provides a large grassy area with a communal fire pit. Guests can enjoy over 200 feet of lake frontage with 2 substantial dock complexes equipped with tables, chairs, and a swing, perfect for soaking in the sun and enjoying the refreshing lake waters. Wi-Fi extends throughout the property. All units have linens, towels, flat-screen TVs with cable, coffee makers, microwaves, fridges, and blow dryers. Larger units also feature full kitchens with cookware, plates, and utensils, and most offer a pull-out couch or futon included . Individual A/C units ensure comfort in each unit's accommodation and 10 off street parking spaces. 3 washer and dryers included for easy turn over of units and an office. Privacy ensures tranquil surroundings on a dead end street.
Area Description
Admiral Peabody's Inn enjoys a prime location less than a mile from downtown Watkins Glen, offering a tranquil lakeside setting with easy access to local attractions. Situated on a dead-end road, the Inn provides a peaceful retreat conveniently close to the vibrant heart of Watkins Glen. Within a mile lies the renowned Watkins Glen State Park entrance, famous for its stunning gorge and waterfalls. Motorsports enthusiasts will appreciate the Inn's proximity, less than six miles, to the legendary Watkins Glen International racetrack. The surrounding Finger Lakes region is a haven for wine and craft beverage lovers, with numerous wineries and breweries just minutes away. The Inn's location on Seneca Lake provides opportunities for swimming, boating, and enjoying the natural beauty of the largest and deepest of the Finger Lakes. Boat and jet ski rentals are available nearby, and kayak rentals are less than a mile away. While offering a serene escape, Admiral Peabody's Inn provides easy access to the shops, restaurants, and cultural attractions of Watkins Glen. The Inn's lakeside setting offers a unique experience, distinct from traditional hotels, allowing guests to fully immerse themselves in the Finger Lakes' beauty and recreational opportunities. Tourism in Watkins Glen has seen significant growth , with a record year in 2023 , breaking the record with 1.3 million visitors. NYSCAR racetrack has seen a great increase in 2024. The jump in attendance came from social media and bus tours en route to NYC and Niagara Falls , and increasing in popularity.
Highlights
Relaxed homestyle charm of Admiral Peabody's is a house with an office on 1 parcel and on the 2 nd adjacent parcel , 5 individual lakeside cottage units nestled on the western shores of Seneca Lake at 3305 -3309 Salt Point Road, Watkins Glen, NY 14891, combined parcels = .77 acres with all public utilities. This laid-back resort offers a distinctive "home with a lake included" experience. The accommodations consist of (1) a three-bedroom house, (2) two-bedroom cottages, (1) a one-bedroom cottage, and (2) one-room bungalows. Each unit features a deck with comfortable furniture and a gas grill, all boasting picturesque views of Seneca Lake. Admiral Peabody's is dog-friendly and provides a large grassy area with a communal fire pit. Guests can enjoy over 200 feet of lake frontage with 2 substantial docks equipped with tables, chairs, and a swing, perfect for soaking in the sun and enjoying the refreshing lake waters. Wi-Fi extends throughout the property. All units have linens, towels, flat-screen TVs with cable, coffee makers, microwaves, fridges, and blow dryers. Larger units also feature full kitchens with cookware, plates, and utensils, and most offer a pull-out couch or futon, all furnishings included. . Individual A/C units ensure comfort in each unit's accommodation and 10 parking spaces. 5 electric meters , including one at the beach, offers ability to rent off season. Established following of return guests. Possible owner financing with good credit, and good down payment , owners ready to retire. Pre season bookings over $100,000 at Approximately 50 percent more bookings to reserve. 3 metered units available to rent in off season if desire to rent during the off season. Presently flat rates, take advantage of flux vacation pricing and cash flowing bookings today.

PROPERTY FACTS

Price $1,200,000
Price Per Room $200,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.79 AC
Building Size 3,736 SF
No. Rooms 6
No. Stories 1
Year Built 1944
Parking Ratio 2.68/1,000 SF
Corridor Exterior
Zoning NA - Flexible zoning

AMENITIES

  • Balcony
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 6 $187.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
443289-064-008-0001-015-002-0000
Land Assessment
$163,200
Improvements Assessment
$76,800
Total Assessment
$240,000
  • Listing ID: 38490051

  • Date on Market: 11/18/2025

  • Last Updated:

  • Address: 3305 County Road 30, Watkins Glen, NY 14891

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}