3 Court Avenue
Greenwood Lake, NY, 10925$ 2,300,000
Bedrooms 10 Baths10.0 Sq 4,979 for $2,300,000 with 10 bedrooms and 10 full baths. This 4,979 square foot home was built in 1900 on a lot size of 0.3953 Acre(s).
3 two bedroom and 3 one bedroom rental income cottages being sold as part of the the Rainbow Inn, along with another single family home and 3 additional rental units, is arguably the largest lakefront zoned Resort/Commercial property for sale on Orange County's coveted Greenwood Lake, NY. At approx. +- 2 acres, she sits just up the quiet east arm, comfortably and conveniently off the main lake. Located less than 60 miles from the heart of Manhattan. The Rainbow Inn boasts. 600 feet of lakefront property and has approximately 40 boat slips which are currently used for restaurant/bar patron docking as well as seasonal boat slip rentals. The detached single family home, boasting beautiful lake views, is located on a +- 150' x 50' (7500 sq ft) parcel at the East side of the Rainbow parking lot. The two story 3 bedroom home is not currently livable and will need a complete renovation or teardown/rebuild.
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FeaturesInteriorAppliances Stand Alone
Basement Crawl Space
Cooling System Window Unit(s)
Heating Source Natural Gas
Heating System Baseboard
Sewer Septic System
Water Source Municipal
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ExteriorConstruction Frame
Lot Description Corner Level/Flat
Parking Common Parking Driveway
Waterfront Description Access
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* Excluded FeaturesList ByThomas "Tom" F. MarrieListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $10,967
- Monthly Property Taxes
- $1,278
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Greenwood Lake, NY
Average List Price $993,760
Percent of Sale Price 57%
About Greenwood Lake, NY 4,525 Population
-4% Since 2002
$ 69,793 Median Income
45.72 Median Age
23% Households with Children
Greenwood Lake School District
Greenwood Lake Elementary School
Greenwood Lake Middle School Middle School
Chester/Warwick High School