195 Prospect Ave, Saranac Lake, NY, 12983
About This Home
Discover the charm and character of this unique village home, ideally located in the heart of Saranac Lake. Situated on a spacious corner lot, this property features a generous yard, a detached garage, and a welcoming wraparound porch--perfect for relaxing and enjoying the neighborhood. Inside, you'll find four bedrooms, one and a half bathrooms, and a large walkout basement offering plenty of storage or future possibilities. Hardwood floors lie beneath the carpeting throughout much of the home, waiting to be uncovered and restored to their original beauty. With its timeless historic character and endless potential, this home is ready for you to make it your own. Enjoy the convenience of being just steps from downtown shops, restaurants, the Rail Trail, etc. giving you easy access to everything Saranac Lake has to offer.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1910
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Architectural style: Old Style
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Electric Range,Free-Standing Refrigerator
- Laundry features: None
Basement
- Has basement: Yes
- Basement: Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Natural Woodwork,Pantry
- Window features: Wood Frames
- Flooring: Carpet,Hardwood,Linoleum
- Finished area below ground: 0
- Finished area above ground: 1,678
Heating & Cooling
- Heating features: Hot Water,Oil
- Cooling features: None
Interior Area
- Total structure area: 2,517
- Total interior livable area: 1,678 sqft
Property
Details
- Parcel number: 446.68710
- Special condition: Standard
Features
- Levels: Two
- Patio & porch: Front Porch,Wrap Around
- Exterior features: Private Yard
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 0.39 Acres
- Features: Corner Lot
Parking
- Parking features: On Site
- Has garage: 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
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Franklin 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 | $1,390 | $16,680 |
| Home Insurance * | $274 | $3,288 |
| Property Taxes | $332 | $3,984 |
| Electricity | $277 | $3,327 |
| Total | $2,273 | $27,276 |
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 |
|---|---|---|
| 2026-08-04 | Price change | $259,000 |
| 2026-07-06 | Listed for sale | $275,000 |
View on Zillow