Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential. Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to a local Technology Park, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District.SLZ-1 Zoning allows for a range of uses, including residential development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together. Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road
Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)
Active
Price cut: $250K (9/3)
$3,250,000
460 Cold Spring Road, Saratoga Springs, NY 12866
22beds
4,738sqft
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$686/sqft
$-- HOA
What's special
- 190 days
- 253
- 3
Zillow last checked:
Listing updated:
Listed by:
Julie & Co Realty LLC 518-350-7653,
Charles B Goodridge 518-409-1218
Source: Global MLS,MLS#: 202613597
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 13
- Full bathrooms: 12
- 1/2 bathrooms: 1
Heating
- Electric, Propane
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum
- Basement: Other
Interior area
- Total structure area: 4,738
- Total interior livable area: 4,738 sqft
- Finished area above ground: 4,738
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 15
- Parking features: Off Street, Driveway
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Exterior features: None
Lot
- Size: 21.3 Acres
- Features: Road Frontage, Irregular Lot
Details
- Parcel number: 415289 230.111
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
- Roof: Asphalt
Condition
- Year built: 1970
Utilities & green energy
- Electric: 100 Amp Service, 150 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Saratoga Springs
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $763,193
- Annual tax amount: $16,005
- Date on market: 3/19/2026
- Tenant pays: Heat, Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$2,195/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $3,250,000-7.1%$686/sqft |
Source: | ||
| 5/18/2026 | Price change | $3,500,000-6.7%$739/sqft |
Source: | ||
| 3/19/2026 | Listed for sale | $3,750,000$791/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $454,100 +176.7% |
| 2024 | -- | $164,100 |
| 2023 | -- | $164,100 |
| 2022 | -- | $164,100 |
| 2021 | -- | $164,100 |
| 2020 | -- | $164,100 |
| 2019 | -- | $164,100 |
| 2018 | -- | $164,100 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12866
Nearby schools
Schools provided by the listing agent
- Elementary: Stillwater
- High: Stillwater
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.