New ListingInvestors & 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)
| MLS # | 1060996 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 5 |
| Listing Provided By | Julie & Co. Realty LLC | Julie A. Bonacio |
| Garage | 4 |
|---|---|
| Units | 8 |
| Cooling | None |
|---|---|
| Heating | Electric, Propane |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Built-in Features, Eat-in Kitchen, High Speed Internet, Pantry |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Off Street |
| Utilities | None |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 16005 |
| State | NY |
|---|---|
| County | Out of Area |
| City | Call Listing Agent |
| Zip Code | 12866 |
| School District | Saratoga Springs High School |
| Elementary School | Caroline Street Elementary Schoo |
| High School | Saratoga Springs High School |
| Listing VS Median (in 12866) | |
Price: $3,250,000 low | high Med: $1,622,500 On site: 5 low | high Med: 7 | |
| State | NY |
|---|---|
| County | Out of Area |
| City | Call Listing Agent |
| Zip Code | 12866 |
| School District | Saratoga Springs High School |
| Elementary School | Caroline Street Elementary Schoo |
| High School | Saratoga Springs High School |
| Listing VS Median (in 12866) | |
Price: $3,250,000 low | high Med: $1,622,500 On site: 5 low | high Med: 7 | |