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486-488 Lake Flower Avenue, Saranac Lake, NY 12983

$3,050,000
Property Type: Commercial Sale Square Footage: 13,168 Lot Size (sq. ft.): 52,272 Status: Closed
Current Price: $3,050,000 List Date: 9/09/2025 Last Modified: 9/09/2025

Description

Gauthier's Saranac Lake Inn is a charming, family-owned motel nestled on the scenic shores of Lake Flower in the Village of Saranac Lake. Known for its welcoming hospitality and breathtaking lakeside vistas, the inn offers numerous lakeside rooms that afford guests stunning panoramic views. Gauthier's Saranac Lake Inn is a unique and exceptional property within the village, making it a remarkable investment opportunity for a new owner seeking to own a distinguished and well-established establishment in this picturesque area.

More Information MLS# 205722

Contract Information

Short Term Rental Options: Property is not available to host any STR Current Price: $3,050,000 Original List Price: 3050000 Sold Price: $3,050,000 Status: Closed Listing Contract Date: 2025-09-09 Property Sub Type: Hotel/Motel Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 26665 Land Tax Annual Amount: 3956.63 Deed Date: 2009-09-27

General Property Information

Tax Assessed Value: 1341200 Waterfront Footage: 370141 Horse YN: No Stories Total: 2 Building Area Total: 13168 Year Built: 1990 Open Parking YN: 1 Lot Size Acres: 1.2 Waterfront YN: 1 Water Body Name: Lake Flower

Status Change Information

Status Change Timestamp: 2025-09-09 Concessions: No Buyer Financing: Commercial Loan Major Change Timestamp: 2025-09-09T14:32:56Z Major Change Type: Status Change Under Contract Date: 2025-09-09 Close Date: 2025-09-09 Close Price: 3050000

Deed Details

Instrument: 32.263-1-2. Page: 312 Volume: 1623

Financial Details

School Taxes: 10093.93 School Taxes Description: Actual Village Taxes: 12616.6 Village Taxes Description: Actual

Frontage Type

Lakefront: 1

Road Frontage Type

State Road: 1

Road Surface Type

Paved: 1

Structure Type

Hotel/Motel: 1

View

Lake: 1 Mountain(s): 1

Water Source

Public: 1

Waterfront Features

Lake Front: 1 Waterfront: 1

Location Tax and Legal

Street Number: 486-488 Street Name: Lake Flower Street Suffix: Avenue County: Essex State: NY Postal Code: 12983 MLS Area Major: Saranac Lake, Raybrook Township: Saranac Lake School District: Saranac Lake Parcel Number: 32.263-1-2.000

Property Features

Frontage Type: Lakefront Road Frontage Type: State Road Road Surface Type: Paved Structure Type: Hotel/Motel View: Lake; Mountain(s) Water Source: Public Waterfront Features: Lake Front; Waterfront
Listing Courtesy of Century 21 The One
IDX
Information deemed reliable but not guaranteed.
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