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238 Paye Road, Vermontville, NY 12989

$1,275,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 2,482 Lot Size (sq. ft.): 1,633,500 Status: Active
Current Price: $1,275,000 List Date: 8/06/2026 Last Modified: 9/01/2026

Description

Rare opportunity to own a 4 unit rental income property located on a 37.5 acre legacy apple orchard in Vermontville within 30 minutes of Lake Placid. Two apartment units are located in a barn duplex and are rented long term. There are also two separate luxury short term vacation rental cottages. The total rental income is over $144,000 annually. The Solar cottage includes a full kitchen, dining area, full bath, bedroom and deck with hot tub and panoramic views of the high peaks. The Chalet log cabin includes a covered screened in porch, full kitchen and bath, additional half bath, loft bedroom and hot tub in rear yard area. Sold furnished, this property presents an exceptional opportunity whether you are seeking extremely strong rental income or envisioning a private family compound.

More Information MLS# 208078

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $1,275,000 Original List Price: 1275000 List Price: $1,275,000 Status: Active Listing Contract Date: 2026-08-06 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Owner

Location, Tax, and Legal

Tax Annual Amount: 6114.88 Tax Assessed Value: 740813 Land Tax Annual Amount: 648.4 Deed Date: 2020-11-04

General Property Information

Seasonal Property YN: No Below Grade Unfinished Area: 0 Lease Term: Nightly Fireplace YN: Yes Bedrooms Total: 6 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Above Grade Finished Area: 2482 Building Area Total: 2482 Living Area: 2482 Year Built: 2021 Lot Size Acres: 37.5 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-08-06 Major Change Timestamp: 2026-08-06T20:34:22Z Major Change Type: New Listing

Appliances

Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Adirondack: 1 Cabin: 1

Construction Materials

Wood Siding: 1

Cooling

Geothermal: 1

Deed Details

Instrument: Deed Page: 4691 Volume: 2020

Documents Available

Deed: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1 Private Yard: 1

Financial Details

School Taxes: 5466.48 School Taxes Description: Actual

Flooring

Simulated Wood: 1 Tile: 1

Foundation Details

Poured: 1

Heating

Tank Location: Buried Geothermal: 1 Propane: 1

Interior Features

Apartment: 1 Cathedral Ceiling(s): 1 High Ceilings: 1 High Speed Internet: 1 Stone Counters: 1 Vaulted Ceiling(s): 1

Laundry Features

Lower Level: 1

Levels

Two: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Garden: 1 Landscaped: 1 Level: 1 Many Trees: 1 Orchard(s): 1 Private: 1 Views: 1

Other Equipment

Generator: 1

Other Structures

Guest House: 1

Parking Features

On Site: 1

Patio And Porch Features

Deck: 1 Enclosed: 1 Porch: 1 Screened: 1

Pets Allowed

Yes: 1

Property Condition

New Construction: 1 Updated/Remodeled: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Security Features

Carbon Monoxide Detector(s): 1 Smoke Detector(s): 1

Sewer

Septic Tank: 1

Structure Type

Cabin: 1

Utilities

Electricity Connected: 1 Internet Connected: 1 Propane: 1

View

Garden: 1 Mountain(s): 1 Orchard: 1 Trees/Woods: 1

Water Source

Well Drilled: 1

Window Features

Wood Frames: 1

Room Types

Bedroom 1: 1 Bedroom 1 Level: First Bedroom 2: 1 Bedroom 2 Level: First Dining Room: 1 Dining Room Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First

Location Tax and Legal

Street Number: 238 Street Name: Paye Street Suffix: Road County: Franklin State: NY Postal Code: 12989 MLS Area Major: Bloomingdale, Vermontville Township: Franklin School District: Saranac Lake Parcel Number: 369.-1-45.100 Zoning: Residential Directions: Follow GPS to Paye road in Vermontville

Property Features

Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Adirondack; Cabin Construction Materials: Wood Siding Cooling: Geothermal Documents Available: Deed; Property Condition Electric: 200+ Amp Service Exterior Features: Lighting; Private Yard Flooring: Simulated Wood; Tile Foundation Details: Poured Heating: Geothermal; Propane Interior Features: Apartment; Cathedral Ceiling(s); High Ceilings; High Speed Internet; Stone Counters; Vaulted Ceiling(s) Laundry Features: Lower Level Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Garden; Landscaped; Level; Many Trees; Orchard(s); Private; Views Other Equipment: Generator Other Structures: Guest House Parking Features: On Site Patio And Porch Features: Deck; Enclosed; Porch; Screened Pets Allowed: Yes Property Condition: New Construction; Updated/Remodeled Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Septic Tank Structure Type: Cabin Utilities: Electricity Connected; Internet Connected; Propane View: Garden; Mountain(s); Orchard; Trees/Woods Water Source: Well Drilled Window Features: Wood Frames Room Types: Bedroom 1; Bedroom 2; Dining Room; Kitchen; Living Room

Room Information

Living Room Level: First Length: 9.00 Length: 9.00 Width: 14.00 Width: 14.00 Dimensions: 9 x 14 Dining Room Level: First Length: 13.00 Length: 13.00 Width: 14.00 Width: 14.00 Dimensions: 13 x 14 Kitchen Level: First Length: 8.00 Length: 8.00 Width: 9.00 Width: 9.00 Dimensions: 8 x 9 Bedroom 1 Level: First Length: 8.00 Length: 8.00 Width: 11.00 Width: 11.00 Dimensions: 8 x 11 Bedroom 2 Level: First Length: 8.00 Length: 8.00 Width: 12.00 Width: 12.00 Dimensions: 8 x 12
Listing Courtesy of Berkshire Hathaway HomeServices Adirondack Premier Properties
IDX
Information deemed reliable but not guaranteed.