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$1,700,000

402,407 State Route 28
Inlet, NY 13360

Business|Sold 04/21/2023
0
Beds
0
Total Baths
8,650
SqFt
$197
/SqFt
1999
Built
Subdivision:
None
County:
Hamilton
Call Now: 315-369-5434
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315-369-5434
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This waterfront cottage colony and motel has been in business for decades and has plenty of repeat clientele. The maintenance and condition is excellent. Divided into two parcels, one on each side of Route 28, the major route through the Adirondack Park, the 10 unit motel, owner's home and 1 cabin sit on the south side. On the north side are 5 more rental units and over 300' of gentle shoreline and beach on Seventh Lake. All rental units and motel are ready for year round use and all the cabins have winter rentals established. The owner's home is a ranch style home with full basement, 2 garages and sits in an area separate from the motel but close enough for attention to all details. Besides the lake and water activities, a snowmobile trail from the lake to all trails in the town of Inlet comes right next to the property which makes it desirable. The Inlet Golf Course is nearby as well as all the activities that the town has to offer; shops, dining, tennis, ball park, and playground.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
8,650 sqft
Lot Size 
5 Acres
Year Built 
1999
MLS® Number 
177488
Status 
Sold
Property Tax 
$17,400
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a year agoListing updated with changes from the MLS®
General Features
Acres 
5
Foundation 
Block
Parking 
Parking LotPrivate
Property Sub Type 
Business
Security 
Carbon Monoxide Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
8650
Utilities 
Cable Available
Water Source 
PrivateWell
Zoning 
Mixed
Interior Features
Appliances 
Electric Water Heater
Basement 
FullNone
Cooling 
Wall Unit(s)
Electric 
200+ Amp Service
Heating 
Forced AirPropane
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Exterior Features
Construction Details 
FrameVinyl SidingWood Siding
Lot Features 
Waterfront
Roof 
Metal
View 
LakeTrees/Woods
Waterfront Features 
Seventh Lake
Waterview 
LakeTrees/Woods
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Old Forge, Inlet, Eagle Bay, Big Moose
Roads 
Gravel
School District 
Inlet
Township 
Inlet
Schools
School District
Inlet
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Dawn Timm of Timm Associates Sotheby's International Realty-BML



Listing information is provided by Participants of the Adirondack Champlain Valley MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Adirondack Champlain Valley MLS.
Last checked: 2025-10-23 11:11 AM UTC
Neighborhood & Commute
Source: Walkscore
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