5 months on rocket

740 E River Dr, Lake Luzerne, NY, 12846

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath
782 SqFt
$703/SqFt
House

Location

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740 E River Dr, Lake Luzerne$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Storage, Workshop in Garage, Paved, Detached, Driveway, Garage Door Opener
Garage1 space
Year Built1960
HeatingHeat Pump, Pellet Stove
CoolingWall Unit(s), Other
BasementYes
WaterfrontRiver Front, Water Access
FireplacePellet Stove
ViewRiver, Trees/Woods, Hills, Water
MLS #202421687
Lot Size0.83 Acres
StatusActive

About 740 E River Dr

Prime Turnkey Investment: Riverside Log Cabin Retreat. Discover this charming log cabin retreat at 740 East River Drive, offering peace along the picturesque Hudson River. Built in 1960, this cozy two-bedroom, one-bathroom home features two spacious living rooms. Enjoy breathtaking waterfront views and direct river access from your private dock. Located near Saratoga Springs and Lake George, amidst the Adirondacks' natural beauty, it's ideal for outdoor enthusiasts and those seeking tranquility. Currently a successful Airbnb, this property offers a unique investment opportunity with proven rental income. Fully furnished and turnkey, it's ready for new owners to enjoy as a serene vacation home or income-generating property. Don't miss owning this slice of waterfront paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Log
  • Year Built: 1960
  • Living Area: 782 SqFt

Listing Office:

  • Office Name: Four Seasons Sothebys Int RE
  • Office Phone: 518.580.8500
  • Listing Agent: Michelle Andzel Graziano

Interior Features

Interior Information:

  • Appliances: Dehumidifier, Dishwasher, Disposal, Freezer, Microwave, Oven, Refrigerator, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Paddle Fan, Other, Kitchen Island
  • Fireplace: Pellet Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: River Front, Water Access
  • View: River, Trees/Woods, Hills, Water
  • Exterior: Porch/Covered, Deck, Porch, Paved Driveway, Gas Grill, Lighting, Boat Dock

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Off Street, Storage, Workshop in Garage, Paved, Detached, Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Other, Views, Wooded, Landscaped, Waterfront
  • Lot Size: 0.83 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Pellet Stove
  • Cooling: Wall Unit(s), Other

Other

Directions Information:

  • Directions: Located up the driveway and to the right off of East River Drive in Lake Luzerne, across from the Hudson River.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $703/SqFt

Tax Information:

  • Annual Amount: $3,715
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Luzerne, NY.

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Lake Luzerne, NY

City

Med. Sold Price

$286.7K

Med. Price/SqFt

$199

Avg. Days On Market

45

# of Sold Homes

3

740 E River Dr vs Lake Luzerne

158 DAYS ON ROCKET

+113 Days

$550,000

+$263.2K More

$703/SqFt

+$504 More

KEY TAKEAWAY

This property is $263.2K more than the Median Sold Price and $504/SqFt more than other homes in Lake Luzerne, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202421687

Listing Office:

  • Office Name: Four Seasons Sothebys Int RE
  • Office Phone: 518.580.8500
  • Listing Agent: Michelle Andzel Graziano

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/23/2024, 6:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,715$228,000
2019$4,252$228,000
2018$3,925$228,000
2017$4,138$237,000

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1239736
3
/10

  • Stuart M Townsend Elementary School

  • 27 Hyland Dr

  • 3.46 miles

  • Public District Grades PK-6

school-card-donut-1239737
6
/10

  • Corinth Elementary School

  • 356 Center St

  • 4.04 miles

  • Public District Grades KG-5

school-card-donut-1239738
6
/10

  • William H Barton Intermediate School

  • 425 Aviation Rd

  • 7.17 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,592. Residents of Lake Luzerne, NY typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 740 E River Dr

What is the listing price of this property?

The listing price of 740 E River Dr property is $550,000.

What type of property is this?

The property 740 E River Dr is a house located in Lake Luzerne, New York, 12846.

Is this property for sale now?

Active Listing: 740 E River Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,715 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 740 E River Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 740 E River Dr is 782 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 E River Dr is 1960.

Rocket Homes›New York›Warren County›Lake Luzerne›12846›740 E River Dr

This home is located at 740 E River Dr in Lake Luzerne, NY and zip code 12846. This 782 square foot home, which was built in 1960, sits on a 0.83 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $550,000.

In November 2024, from all listings sold in Lake Luzerne, NY there were more than 1 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. The number of listings in Lake Luzerne, NY decreased by 12% between October 2024 and November 2024. While the average time on the market in November 2024 was 45 days, the median list price was $286,750.

From Rocket Homes Real Estate and based on county public records data.

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