14 Gunn Ln. Queensbury, NY, 12804 $1,650,000 - Asset Class: Residential (50% Ownership)
Overview
Unique opportunity to purchase 50% of this lakefront compound on Lake George, NY. This compound is comprised of 4 structures situated on 2.47 acres on 155’ of lakefront in Harris Bay on Lake George. The main house is a 3,058 SF 4 Bedroom, 3 Bathroom home that has been recently updated. There are many opportunities to entertain at this home with large exterior deck, great room with fireplace, lofted room with pool table and dry bar and a formal sitting/dining area that overlooks the lake. The compound also consists of 3 seasonal cottages. These cottages have been rented out seasonally year after year and have a strong rental history. Lastly there are 8 boat slips on site, 3 of which are rented out seasonally providing additional income and the other 3 are kept for occupants of the main house. Unique opportunity to own a piece of Lake George in a highly desirable Cleverdale location. The compound produces income from day 1 to help offset property expenses. Inquire to learn more about the details of the 50% ownership.