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6 Lotus Bay rd 2 Unit Apartment Building Offered at $1,325,000 Irving, NY 14081
Executive Summary
Welcome to an extraordinary Lake Erie waterfront opportunity offering two homes on 4.7 private acres with over 1,000 linear feet of waterfront. Tucked away in a quiet and secluded setting, this unique property offers the flexibility to create a spectacular private lakefront estate, continue as a successful short term rental operation, or explore its potential as an investment and development opportunity.
6 Lotus Bay features 3 bedrooms and 2 full baths, with a spacious primary bedroom offering its own private porch overlooking the lake. A large screened in porch provides the perfect setting to relax, entertain, and enjoy breathtaking lakefront surroundings. Currently operated as a successful Airbnb, the home rents for approximately $3,000 per week during peak months.
7 Lotus Bay is a charming 2 bedroom, 1 bath cottage featuring its own screened in porch facing the lake. Also operated as a short term rental, the cottage generates approximately $2000 per week during the peak rental season from Memorial Day through Labor Day.
Together, the two residences provide an exceptional combination of privacy, waterfront, rental income, and versatility. Enjoy the property as a family compound or private retreat, continue the established short term rental operation, or create a one of a kind Lake Erie estate. The property also includes deeded beach access, providing an additional way to enjoy the lake. A rare opportunity to own a substantial and secluded stretch of Lake Erie waterfront with multiple residences and proven seasonal rental demand.
Can be sold together with adjacent vacant land parcel MLS B1705734, APN: 142889-265-000-0002-041-000
6 Lotus Bay features 3 bedrooms and 2 full baths, with a spacious primary bedroom offering its own private porch overlooking the lake. A large screened in porch provides the perfect setting to relax, entertain, and enjoy breathtaking lakefront surroundings. Currently operated as a successful Airbnb, the home rents for approximately $3,000 per week during peak months.
7 Lotus Bay is a charming 2 bedroom, 1 bath cottage featuring its own screened in porch facing the lake. Also operated as a short term rental, the cottage generates approximately $2000 per week during the peak rental season from Memorial Day through Labor Day.
Together, the two residences provide an exceptional combination of privacy, waterfront, rental income, and versatility. Enjoy the property as a family compound or private retreat, continue the established short term rental operation, or create a one of a kind Lake Erie estate. The property also includes deeded beach access, providing an additional way to enjoy the lake. A rare opportunity to own a substantial and secluded stretch of Lake Erie waterfront with multiple residences and proven seasonal rental demand.
Can be sold together with adjacent vacant land parcel MLS B1705734, APN: 142889-265-000-0002-041-000
Property Facts
| Price | $1,325,000 | Lot Size | 4.70 AC |
| Price Per Unit | $662,500 | Building Size | 2,520 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1910 |
| Property Type | Multifamily |
| Price | $1,325,000 |
| Price Per Unit | $662,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 4.70 AC |
| Building Size | 2,520 SF |
| No. Stories | 2 |
| Year Built | 1910 |
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Not walkable
10/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 142889-265-040-0001-050-100 | Improvements Assessment | $21,500 |
| Land Assessment | $378,500 | Total Assessment | $400,000 |
Property Taxes
Parcel Number
142889-265-040-0001-050-100
Land Assessment
$378,500
Improvements Assessment
$21,500
Total Assessment
$400,000
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6 Lotus Bay rd