Land with Home for Sale in Lake Pleasant, New York

Exceptional Multi-Family Investment Opportunity on 15 Scenic Acres. Discover a rare income-producing property nestled on approximately 15 acres with over 1,150 feet of road frontage along State Route 8. Offering multiple rental units, expansion potential, and a picturesque Adirondack setting, this unique property combines strong investment value with natural beauty. The property features seven residential rental units across three separate buildings, including: Two standalone cabins, each offering 2 bedrooms and 1 bathroom. The main house with has two spacious apartments. One upper apartment with 2-bedrooms and the lower apartment with 3 bedrooms. The row building has three apartments, including one 2-bedroom unit and two 1-bedroom units Additional amenities include a coin-operated laundry facility, dedicated mechanical room, and a two-story, four-car garage providing ample storage and utility space. Recent improvements include a new septic system serving the main house and a new well pump. Utilities are separately metered, making property management efficient and appealing to tenants. Set amidst beautiful natural surroundings, the property borders a stream and includes a private pond, creating a peaceful atmosphere for residents. Stunning northern mountain views enhance the setting, while the expansive acreage and extensive road frontage provide opportunities for future development or expansion. Whether you're looking to expand your investment portfolio, operate a rental community, or explore additional development possibilities, this one-of-a-kind property offers tremendous potential in a highly desirable Adirondack location. Highlights: 15+/- acres - 7 rental units - Stream frontage and private pond. Over 1,150 feet of road frontage. Northern mountain views. Separately metered utilities. New septic system and well pump. Two-story 4-car garage. Coin-operated laundry. Room for expansion and future development A rare opportunity to own a versatile multi-family property with established income, natural beauty, and exceptional growth potential. Schedule your private showing today.