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746 Howe Rd 12 Room Hotel Lake Luzerne, NY 12846 $1,340,000 ($111,667/Room)
Investment Highlights
- Dual-lodge estate on 17.84 acres just 7 miles from Lake George and 30 minutes from Saratoga Springs with resort-residential zoning.
Executive Summary
Maximize your portfolio with this dual-lodge estate on 17.84 acres, just 7 miles from Lake George and 30 minutes from Saratoga Springs. Featuring flexible Resort-Residential zoning and ample buildable land for expansion with site plan approval, this property is primed for high-yield short-term rentals, corporate retreats, or a boutique hospitality venture. new roof, new septic, and updated electrical. The Main Lodge features 6 BR, Handicap bath on main floor, 1.5 bath 2nd floor, dual stone fireplaces, and a commercial kitchen primed for restaurant operations. The recently refurbished Cowboy Lodge adds 6 BR and 2 BA. Optimize returns by renting both units, running a commercial venue, Perfect for family retreat, live in one and rent (Air BNB) the other.
Property Facts
| Price | $1,340,000 | Lot Size | 17.84 AC |
| Price Per Room | $111,667 | Building Size | 5,780 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1960/2024 |
| Building Class | C | Corridor | Interior |
| Zoning | R-RE - Resort-Residential | ||
| Price | $1,340,000 |
| Price Per Room | $111,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 17.84 AC |
| Building Size | 5,780 SF |
| No. Rooms | 12 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2024 |
| Corridor | Interior |
| Zoning | R-RE - Resort-Residential |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $153.00 | - |
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $460,000 | |
| Land Assessment | $127,000 | Total Assessment | $587,000 |
Property Taxes
Parcel Numbers
Land Assessment
$127,000
Improvements Assessment
$460,000
Total Assessment
$587,000
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746 Howe Rd
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