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3015 South Shore Drive #West, Galway, NY, 12086

2beds
1baths
870sqft
$349,800
$402price/sqft
$2,464/moest. monthly cost
$98,560/yrincome needed

About This Home

GPS Address is 3015 South Shore Dr W. Rare opportunity to own a prime 50' x 100' waterfront parcel on beautiful Galway Lake with breathtaking views and endless potential. Whether you choose to remove the existing structure and build the lake home you've always envisioned or explore renovation possibilities, this property offers an exceptional setting that is becoming increasingly difficult to find. While the current home has shifted off its foundation and could potentially be repaired, restoration costs are expected to exceed $100,000, making new construction the most attractive option for many buyers. Recent lakefront sales have exceeded $700,000, presenting an outstanding opportunity to build equity with a custom or modular home designed to maximize the spectacular waterfront setting. Enjoy your own private dock, beach area, ( no weeds like other lakes) and panoramic lake views from sunrise to sunset. Located just 20 minutes from Saratoga Springs and approximately 50 minutes from Albany, this property offers the perfect balance of peaceful lakefront living and convenient access to shopping, dining, entertainment, and major employers. Waterfront properties continue to appreciate as demand grows and inventory remains limited. Secure your piece of Galway Lake today and start planning the home you've always dreamed of.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

5/10

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence,Residential

Interior

Basement

  • Has basement: Yes
  • Basement: Other

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 870

Full Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 870
  • Total interior livable area: 870 sqft

Kitchen

  • Level: First

Property

Details

  • Parcel number: 413289 198.1117
  • Special condition: Standard

Features

  • Exterior features: Other
  • On waterfront: Yes
  • Waterfront features: Other
  • Waterbody name: Galway Lake

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 2
  • Parking features: Other

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

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters in Saratoga County and New York

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $1,768$21,216
Home Insurance *$80$960
Property Taxes $370$4,440
Electricity $246$2,954
Total$2,464$29,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,480/yr
40% on housing$73,920/yr
45% on housing$65,706/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: -6.7%
-6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$402This listing

vs Other Active Listings

Avg $/sqft

ZIP 12086$241
Saratoga County$303

vs Homes Sold Last Month

Median $/sqft

ZIP 12086$227
Saratoga County$264

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

DateEventPrice
2026-07-09Listed for sale$349,800

For Sale by Agent

AgentAnthony M Gucciardo
BrokerageGucciardo Real Estate Group LLC

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