Real Estate Investment Properties for Sale in Saranac Lake, NY

Looking for investment property in Saranac Lake, NY with high ROI ?

Explore a variety of short-term homes & houses in Saranac Lake, NY. Invest wisely with VRBO & Saranac Lake, NY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Saranac Lake, NY

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5 Harbor Hill Lane Saranac Lake, NY Don't miss this rare opportunity to own waterfront property in the Adirondacks! Noonmark C...	1 beds \| 1 baths \| 531 sq.ft.	$405,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.46% Airbnb Rental Income: $1381 Traditional Rental Income: $1539 Airbnb ROI: -0.06% Traditional ROI: 1.46%
94 Shepard Avenue Saranac Lake, NY Welcome to 94 Shepard Avenue, a three-bedroom home in the Adirondacks offering comfort, co...	3 beds \| 2 baths \| 1,618 sq.ft.	$385,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.76% Airbnb Rental Income: $2124 Traditional Rental Income: $2831 Airbnb ROI: 1.29% Traditional ROI: 4.76%
220 Wigmore Lane Saranac Lake, NY Your Adirondack retreat awaits! This 4 bedroom, 1 bath home with 1100 sf of living space i...	4 beds \| 1 baths \| 1,100 sq.ft.	$450,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.62% Airbnb Rental Income: $2425 Traditional Rental Income: $2295 Airbnb ROI: 1.52% Traditional ROI: 2.62%
773 Bartlett Carry Road Saranac Lake, NY Camp Summer Breeze is a stunning newer custom-built home on Upper Saranac Lake, with a gre...	4 beds \| N/A baths \| 3,550 sq.ft.	$1,995,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.54% Airbnb Rental Income: $2425 Traditional Rental Income: $3998 Airbnb ROI: -0.63% Traditional ROI: 0.54%
189 Oseetah Woods Road Saranac Lake, NY Perfect location to immerse yourself in year round natural beauty by land and water! Drive...	3 beds \| N/A baths \| 2,519 sq.ft.	$2,100,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.8% Airbnb Rental Income: $2124 Traditional Rental Income: $4551 Airbnb ROI: -0.72% Traditional ROI: 0.8%
23 Winona Avenue Saranac Lake, NY Affordable home located in the Village of Saranac Lake. 2 bedrooms, 1 Bath, large living, ...	2 beds \| 1 baths \| 1,157 sq.ft.	$135,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 9.58% Airbnb Rental Income: $1692 Traditional Rental Income: $1817 Airbnb ROI: 4.98% Traditional ROI: 9.58%
115 Lake Street Saranac Lake, NY Quaint neighborhood cottage walking distance to the downtown and schools. New bath with he...	2 beds \| 1 baths \| 926 sq.ft.	$269,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.97% Airbnb Rental Income: $1692 Traditional Rental Income: $1585 Airbnb ROI: 2.53% Traditional ROI: 3.97%
292 Ampersand Avenue Saranac Lake, NY Come check out this charming 3 bed 1.5 bath village home! There are all new windows, a fen...	3 beds \| N/A baths \| 1,689 sq.ft.	$285,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 7.28% Airbnb Rental Income: $2124 Traditional Rental Income: $2682 Airbnb ROI: 3.18% Traditional ROI: 7.28%
137 Charles Street Saranac Lake, NY Wonderfully renovated and well maintained 3 unit apartment building producing great income...	N/A beds \| N/A baths \| 3,060 sq.ft.	$389,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 2.41% Airbnb Rental Income: $2359 Traditional Rental Income: $1837 Airbnb ROI: 2.25% Traditional ROI: 2.41%
21 Jenkins Street Saranac Lake, NY Perfect starter home or empty nester home. Quiet neighborhood, walkable to Petrova and tow...	2 beds \| N/A baths \| 1,040 sq.ft.	$295,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.24% Airbnb Rental Income: $1692 Traditional Rental Income: $2222 Airbnb ROI: 1.64% Traditional ROI: 5.24%
220 Ampersand Avenue Saranac Lake, NY Come see this charming and well maintained home! Perfectly located to many Saranac Lake am...	4 beds \| 2 baths \| 1,824 sq.ft.	$350,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 8.37% Airbnb Rental Income: $2425 Traditional Rental Income: $3498 Airbnb ROI: 3.3% Traditional ROI: 8.37%
52 Bayside Drive Saranac Lake, NY Imagine coming home to a place that feels like a private retreat. The living room features...	2 beds \| N/A baths \| 1,530 sq.ft.	$340,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.62% Airbnb Rental Income: $1692 Traditional Rental Income: $2499 Airbnb ROI: 1.62% Traditional ROI: 5.62%
1287 Pine Street Saranac Lake, NY Charming renovated home, nestled in the scenic Village, this two-bedroom, two and a half b...	2 beds \| N/A baths \| 1,044 sq.ft.	$290,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.72% Airbnb Rental Income: $1692 Traditional Rental Income: $2499 Airbnb ROI: 2.04% Traditional ROI: 6.72%
779 Bartlett Carry Road Saranac Lake, NY A rarely available stunning year round four bedroom home on Upper Saranac Lake. Built on a...	4 beds \| N/A baths \| 3,224 sq.ft.	$2,995,000	Airbnb cash on cash: -0.97% Traditional cash on cash: -0.13% Airbnb Rental Income: $2425 Traditional Rental Income: $4173 Airbnb ROI: -0.97% Traditional ROI: -0.13%
43 Shepard Avenue Saranac Lake, NY Very well maintained cottage located a few blocks from the shore and park along Lake Flowe...	3 beds \| 2 baths \| 1,550 sq.ft.	$295,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 7% Airbnb Rental Income: $2124 Traditional Rental Income: $2751 Airbnb ROI: 2.79% Traditional ROI: 7%
181 Lake Street Saranac Lake, NY Welcome to 181 Lake Street a beautifully renovated 3 bedroom, 2 bathroom home nestled on a...	3 beds \| 2 baths \| 1,684 sq.ft.	$369,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.56% Airbnb Rental Income: $2124 Traditional Rental Income: $2689 Airbnb ROI: 1.36% Traditional ROI: 4.56%
22 Fox Run Saranac Lake, NY NEW PRICE! Motivated Sellers! This must see property is set in one of Saranac Lake's most ...	5 beds \| 3 baths \| 3,166 sq.ft.	$480,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.96% Airbnb Rental Income: $2480 Traditional Rental Income: $3038 Airbnb ROI: 2.38% Traditional ROI: 4.96%
28-30 Old Hotel Road Saranac Lake, NY Set against the picturesque backdrop of Upper Saranac Lake, this two-lot property offers a...	3 beds \| 3 baths \| 1,422 sq.ft.	$1,650,000	Airbnb cash on cash: -1.6% Traditional cash on cash: -1.07% Airbnb Rental Income: $2124 Traditional Rental Income: $2398 Airbnb ROI: -1.6% Traditional ROI: -1.07%
55 Front Street Saranac Lake, NY Discover this charming three apartment home located in the Helen Hill Historic District th...	N/A beds \| N/A baths \| 2,448 sq.ft.	$265,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 4.29% Airbnb Rental Income: $2359 Traditional Rental Income: $1763 Airbnb ROI: 4.35% Traditional ROI: 4.29%
176 Glenwood Drive Saranac Lake, NY Welcome to this charming ranch home, on a picturesque & private 1.28-acre village lot. Thi...	3 beds \| N/A baths \| 2,756 sq.ft.	$449,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.81% Airbnb Rental Income: $2124 Traditional Rental Income: $3615 Airbnb ROI: 0.97% Traditional ROI: 5.81%
1341 State Route 3 Saranac Lake, NY Gorgeous turn of the century farmhouse just outside the village of Saranac Lake on over 9 ...	4 beds \| 3 baths \| 3,134 sq.ft.	$689,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.4% Airbnb Rental Income: $2425 Traditional Rental Income: $3773 Airbnb ROI: 0.38% Traditional ROI: 3.4%
48 Old Lake Colby Saranac Lake, NY Stunning stately 1920's home situated at the crest of a hill over looking the wooded area...	5 beds \| 3 baths \| 2,300 sq.ft.	$399,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.91% Airbnb Rental Income: $2480 Traditional Rental Income: $1827 Airbnb ROI: 3.05% Traditional ROI: 2.91%
31 Bayside Dr unit: Birches Townhome #5 #Birches Townhome #5 Saranac Lake, NY Welcome to Ampersand Bay Resorts Birches Townhome #5, a beautifully appointed getaway nest...	3 beds \| N/A baths \| 1,884 sq.ft.	$499,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 1.53% Airbnb Rental Income: $2124 Traditional Rental Income: $3133 Airbnb ROI: -1.8% Traditional ROI: 1.53%
336 Oseetah Park Road Saranac Lake, NY A custom log home with gorgeous lakefront and mountain views being sold furnished and with...	4 beds \| 4 baths \| 2,900 sq.ft.	$2,495,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.45% Airbnb Rental Income: $2425 Traditional Rental Income: $4981 Airbnb ROI: -0.91% Traditional ROI: 0.45%
68 Virginia Street Saranac Lake, NY 3 unit apartment building in Saranac Lake. New roof in the last 5 years. Common area with ...	N/A beds \| N/A baths \| 2,964 sq.ft.	$199,000	Airbnb cash on cash: 6.77% Traditional cash on cash: 6.56% Airbnb Rental Income: $2359 Traditional Rental Income: $1736 Airbnb ROI: 6.77% Traditional ROI: 6.56%
63 Palisade Park Way Saranac Lake, NY Build your dream home with breathtaking Adirondack Mountain views in Mt. Pisgah Park-a pri...	4 beds \| 3 baths \| N/A	$779,999	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.66% Airbnb Rental Income: $2425 Traditional Rental Income: $3683 Airbnb ROI: 1.11% Traditional ROI: 3.66%
736 Bartlett Carry Road Saranac Lake, NY Well maintained rustic one bedroom camp situated on 5.5 acres of land. Private and peacefu...	1 beds \| N/A baths \| 264 sq.ft.	$179,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 5.39% Airbnb Rental Income: $1381 Traditional Rental Income: $1285 Airbnb ROI: 3.49% Traditional ROI: 5.39%
767-769 Bartlett Carry Road Saranac Lake, NY This lovely, secluded 7.16-acre compound on 620 feet of Upper Saranac Lake waterfront feat...	5 beds \| 3 baths \| 2,192 sq.ft.	$2,600,000	Airbnb cash on cash: -1.5% Traditional cash on cash: -0.76% Airbnb Rental Income: $2480 Traditional Rental Income: $3679 Airbnb ROI: -1.5% Traditional ROI: -0.76%
25 Slater Avenue Saranac Lake, NY A meticulously maintained Saranac Lake Village home with an abundance of privacy and enjoy...	4 beds \| 2 baths \| 1,900 sq.ft.	$519,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.7% Airbnb Rental Income: $2425 Traditional Rental Income: $3162 Airbnb ROI: 0.96% Traditional ROI: 3.7%
2 Pinehurst Rd Saranac Lake, NY Being offered for the 1st time in nearly 45 years, Camp Coutant situated along the shores ...	3 beds \| 3 baths \| 2,796 sq.ft.	$2,345,000	Airbnb cash on cash: -1.19% Traditional cash on cash: -0.14% Airbnb Rental Income: $2124 Traditional Rental Income: $3870 Airbnb ROI: -1.19% Traditional ROI: -0.14%
39 Shepard Avenue Saranac Lake, NY Great income property! Live in one and rent out the other two units in this village three ...	N/A beds \| N/A baths \| 2,730 sq.ft.	$399,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 2.07% Airbnb Rental Income: $2359 Traditional Rental Income: $1740 Airbnb ROI: 2.17% Traditional ROI: 2.07%
601 Kiwassa Lake Rd Saranac Lake, NY Just outside the village on large 4 acre lot! This very well maintained Cape Cod has been ...	3 beds \| 2 baths \| 1,650 sq.ft.	$499,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.76% Airbnb Rental Income: $2124 Traditional Rental Income: $2726 Airbnb ROI: 1.31% Traditional ROI: 3.76%
774 Bartlett Carry Road Saranac Lake, NY Pine Cone Camp is a cozy cottage nestled in the woods with an abundance of privacy. You ha...	2 beds \| 1 baths \| 952 sq.ft.	$379,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.24% Airbnb Rental Income: $1692 Traditional Rental Income: $1704 Airbnb ROI: 1.88% Traditional ROI: 3.24%
34 Mountain Lane Saranac Lake, NY Location, location, location here are 2 Adirondack cottages which are walking distance to ...	5 beds \| 3 baths \| 2,540 sq.ft.	$495,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 6.05% Airbnb Rental Income: $2480 Traditional Rental Income: $3876 Airbnb ROI: 1.73% Traditional ROI: 6.05%
219 Park Avenue Saranac Lake, NY Own a piece of Saranac Lake's history on desirable Park Ave. Built in 1920 by a bootlegger...	4 beds \| 2 baths \| 2,239 sq.ft.	$459,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.84% Airbnb Rental Income: $2425 Traditional Rental Income: $3208 Airbnb ROI: 1.63% Traditional ROI: 4.84%
29 Canaras Avenue Saranac Lake, NY This well maintained village 3 bedroom, 2 bath home offers updated kitchen and baths and i...	3 beds \| 2 baths \| 1,377 sq.ft.	$389,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 4.33% Airbnb Rental Income: $2124 Traditional Rental Income: $2467 Airbnb ROI: 1.9% Traditional ROI: 4.33%
423 Gilpin Bay Saranac Lake, NY Discover serenity at this charming lakefront cottage nestled on a level lot with picturesq...	2 beds \| 1 baths \| 1,348 sq.ft.	$999,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.22% Airbnb Rental Income: $1692 Traditional Rental Income: $2102 Airbnb ROI: -0.73% Traditional ROI: 0.22%
187 Oseetah Woods Road Saranac Lake, NY Boulderbrook Lodge checks all the boxes. Panoramic mountain and lake views, deeded lakefro...	4 beds \| 4 baths \| 2,628 sq.ft.	$1,995,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 1.02% Airbnb Rental Income: $2425 Traditional Rental Income: $4845 Airbnb ROI: -0.6% Traditional ROI: 1.02%
160 Mcintyre Street Saranac Lake, NY This adorable cottage is located in the heart of the village of Saranac Lake. Short distan...	3 beds \| 1 baths \| 1,604 sq.ft.	$255,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 5.76% Airbnb Rental Income: $2124 Traditional Rental Income: $2114 Airbnb ROI: 3.54% Traditional ROI: 5.76%
53 Pontiac Street Saranac Lake, NY Quaint and inviting, this cottage located on Pontiac Street offers charm with a welcoming ...	3 beds \| N/A baths \| 983 sq.ft.	$229,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 8.49% Airbnb Rental Income: $2124 Traditional Rental Income: $2320 Airbnb ROI: 5.08% Traditional ROI: 8.49%

Real Estate investment in Saranac-lake, NY

There are 44 properties for sale in the city of Saranac Lake . The median list price in Saranac Lake is $399,000 and the average price per square foot is $214. In October 2025, the average monthly cash on cash return in Saranac Lake is 4.00%. The average monthly rental income in Saranac Lake is $2,499.

Saranac-lake, NY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 44 investment properties available for sale in Saranac-lake.

In 2025, the best neighborhood to buy investment property is Saranac Lake.

The ROI for Long-Term is higher than the Short-Term in Saranac-lake with average rental income of $2,499.

Your search for investment property begins and ends here

Investment Property for Sale in Saranac Lake, NY

5 Harbor Hill Lane

Saranac Lake, NY

1 beds | 1 baths | 531 sq.ft.

$405,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $1381

Traditional Rental Income: $1539

Airbnb ROI: -0.06%

Traditional ROI: 1.46%

94 Shepard Avenue

Saranac Lake, NY

3 beds | 2 baths | 1,618 sq.ft.

$385,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $2124

Traditional Rental Income: $2831

Airbnb ROI: 1.29%

Traditional ROI: 4.76%

220 Wigmore Lane

Saranac Lake, NY

4 beds | 1 baths | 1,100 sq.ft.

$450,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $2425

Traditional Rental Income: $2295

Airbnb ROI: 1.52%

Traditional ROI: 2.62%

773 Bartlett Carry Road

Saranac Lake, NY

4 beds | N/A baths | 3,550 sq.ft.

$1,995,000

Airbnb cash on cash: -0.63%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $2425

Traditional Rental Income: $3998

Airbnb ROI: -0.63%

Traditional ROI: 0.54%

189 Oseetah Woods Road

Saranac Lake, NY

3 beds | N/A baths | 2,519 sq.ft.

$2,100,000

Airbnb cash on cash: -0.72%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $2124

Traditional Rental Income: $4551

Airbnb ROI: -0.72%

Traditional ROI: 0.8%

23 Winona Avenue

Saranac Lake, NY

2 beds | 1 baths | 1,157 sq.ft.

$135,000

Airbnb cash on cash: 4.98%

Traditional cash on cash: 9.58%

Airbnb Rental Income: $1692

Traditional Rental Income: $1817

Airbnb ROI: 4.98%

Traditional ROI: 9.58%

115 Lake Street

Saranac Lake, NY

2 beds | 1 baths | 926 sq.ft.

$269,000

Airbnb cash on cash: 2.53%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $1692

Traditional Rental Income: $1585

Airbnb ROI: 2.53%

Traditional ROI: 3.97%

292 Ampersand Avenue

Saranac Lake, NY

3 beds | N/A baths | 1,689 sq.ft.

$285,000

Airbnb cash on cash: 3.18%

Traditional cash on cash: 7.28%

Airbnb Rental Income: $2124

Traditional Rental Income: $2682

Airbnb ROI: 3.18%