2255 Ballston Avenue, Saratoga Springs, NY, 12866
About This Home
This one comes with a name people already know. 2255 Ballston Ave -- home to the longtime Villa Balsamo -- is one of those rare Saratoga opportunities where history, location, and potential all line up. Situated on expansive, park-like grounds in Saratoga Springs, this property carries a special use permit framework that unlocks a compelling range of commercial possibilities -- bed & breakfast, country club, inn, commercial horse stable, micro-production of alcohol, greenhouse and nursery, agricultural use, educational facility, and more. The setting does a lot of the heavy lifting. Mature trees, open green space, and a level of privacy that's hard to replicate this close to town -- paired with the kind of visibility and accessibility that a successful operation demands. There's infrastructure here already working in your favor, and a name that carries real recognition in this market. Whether you're looking to build upon its successful restaurant history or reimagine it into something entirely new, the presence and positioning of this offering stand apart in the Saratoga market. For the operator, investor, or visionary ready to take the reins -- this is the kind of platform that's genuinely hard to find.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Mansion
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Built-In Gas Oven,Cooktop,Dishwasher,Double Oven,Freezer,Gas Oven,Range Hood,Refrigerator
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Third
Bedroom
- Level: Third
Bedroom
- Level: Third
Bedroom
- Level: Third
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
Dining Room
- Level: First
Family Room
- Level: First
Features
- Ceramic Tile Bath,Chair Rail,Crown Molding,Built-in Features
- Flooring: Tile,Hardwood,Laminate
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 10,240
Foyer
- Level: First
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 10,240
- Total interior livable area: 10,240 sqft
Kitchen
- Level: First
Living Room
- Level: First
Sun Room
- Level: First
Property
Details
- Parcel number: 411589 190.223
- Special condition: Standard
Features
- Exterior features: Lighting
- Has view: Yes
- View description: Pond,Trees/Woods
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Lot size: 14.19 Acres
- Features: Level,Private,Road Frontage,Irregular Lot
Parking
- Total spaces: 50
- Parking features: Off Street,Driveway
- Has garage: Yes
- Attached garage spaces: 6
- Covered spaces: 6
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Saratoga County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,433 | $197,196 |
| Home Insurance * | $827 | $9,924 |
| Property Taxes | $3,439 | $41,268 |
| Electricity | $1,692 | $20,307 |
| Total | $22,391 | $268,692 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $3,250,000 |
| 2026-01-30 | Listing removed | $3,499,999 |
| 2025-07-30 | Listed for sale | $3,499,999 |
| 2025-07-29 | Listing removed | $3,499,999 |
| 2025-01-27 | Listed for sale | $3,499,999 |
| 2025-01-27 | Listing removed | $3,750,000 |
| 2024-07-29 | Listed for sale | $3,750,000 |
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