A rare and highly flexible investment opportunity in the Harristown area of Saranac Lake, Hillman's Cottages offers a private compound of seven total units with zoning that allows for unlimited short-term rentals — and without the burden of village taxes.
Set on a quiet, wooded lot, the property includes a charming main residence with a separate upstairs one-bedroom apartment, plus six detached cottages — a mix of one- and two-bedroom units. One year-round cottage is currently leased on a long-term basis, while the other seasonal cottages are rented monthly in the summer.
Whether you're looking to live on-site while generating income, host guests seasonally, or run a year-round rental business, Hillman's Cottages offers the perfect blend of flexibility, privacy, and income potential.
Sold for $425,000 on 08/15/25
$425,000
491 County Route 47, Saranac Lake, NY 12983
8beds
1,600sqft
Single Family Residence
Built in 1941
1.5 Acres Lot
$430,700 Zestimate®
$266/sqft
$2,910 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 15, 2025 at 01:36pm
Listed by:
Marie Wigger Morgan,
Merrill L. Thomas, Inc.
Bought with:
Jonathan Gorgas, 10401292481
Merrill L. Thomas, Inc.
Source: ACVMLS,MLS#: 204526
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Primary bedroom
- Features: Hardwood
- Level: First
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom 2
- Description: IS THE BEDROOM FOR THE APARTMENT
- Features: Linoleum
- Level: Second
- Area: 150 Square Feet
- Dimensions: 10 x 15
Bathroom
- Features: Hardwood
- Level: First
- Area: 99.9 Square Feet
- Dimensions: 9 x 11.1
Dining room
- Features: Hardwood
- Level: First
- Area: 118 Square Feet
- Dimensions: 10 x 11.8
Kitchen
- Features: Luxury Vinyl
- Level: First
- Area: 90 Square Feet
- Dimensions: 9 x 10
Living room
- Features: Hardwood
- Level: First
- Area: 213.5 Square Feet
- Dimensions: 12.2 x 17.5
Appliances
- Included: Dryer, Electric Range, Range, Refrigerator, Washer/Dryer
- Laundry: In Basement
Features
- Windows: Double Pane Windows
- Basement: Unfinished,Walk-Out Access
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 1,600
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Garage - Attached, Open
- Attached garage spaces: 1
- Uncovered spaces: 6
Features
- Has view: Yes
- View description: Neighborhood, Trees/Woods
Lot
- Size: 1.50 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 435.422
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Adirondack,Cottage
- Property subtype: Single Family Residence
Materials
- Foundation: Stone
- Roof: Asbestos Shingle,Metal
Condition
- Year built: 1941
Utilities & green energy
- Sewer: Cesspool, Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Internet Connected, Water Connected, Underground Utilities
Community & neighborhood
Location
- Region: Saranac Lake
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Gravel