The Doctor's Inn


Saranac Lake, NY   Offered for sale at $850,000
 

Operating continuously for over 20 years, the two houses (both architecturally designed) offer one traditional and one contemporary Adirondack-style building. There is the potential for up to four distinct apartments, home offices, or a family compound or guest house with eight bedrooms, and eight private bathrooms. Both houses have buried electric service, municipal water, propane, internet connection, individually designed septic systems and a woodshed.

The Main House (traditional in Adirondack in style) was built in 1927 (3,280 sq. ft.) and occupied sequentially by three families of doctors who worked at the historic Trudeau Sanatorium. For the past many years this home has been a successful B-n-B style business as well as a family residence. There is a two-car garage and a summer sleeping cottage with bathroom, and a semicircular driveway with parking area for six vehicles.

The Guest House (Contemporary Adirondack in style) was built in 2000 (2,500 sq. ft.) and is currently occupied by the original owners. The house incorporates green features including solar panels, heat recovery ventilator, on-demand water heater, Low-E windows, super-insulated standing-seam metal roof, and heated concrete floor. The open plan kitchen, living room, and dining room makes entertaining a delight. There is an outdoor hot tub, roof deck, sauna, and a kitchen garden. The current owners have used the two upstairs loft rooms as a bedroom and a library (both with balconies) and a large roof deck. Another downstairs room is currently an office and sitting area. The driveway for the Guest House accommodates four vehicles.

Saranac Lake is the cultural hub for the Adirondacks with a vital artist community, theater and creative eateries. The High School is one of the best in New York State.



Property Details
  • 8 Guest Rooms
  • 8 Guest Room Baths
  • Has Owner's Quarters
  • Built in 2000
  • Last Renovated in 2021
  • Opened in 1994
  • Building is 5,000 SQFT
  • Lot is 4 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $850,000
  • Occupancy Rate: 20%
  • Average Daily Rate: $110.00per room
  • Annual revenue is $37,000
  • Terms: Financial information based on pre-Covid figures. Owners occupy about 50% of property and operated a casual business, thus the low occupancy rate.
Contact Information
  • To learn more contact Susan Moody and Alan Brown
  • Email: docsinn01@gmail.com
  • Phone: 904-226-8128
  • Phone 2: 518-891-3464