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1 Rainbow Way, Malta, NY, 12020

5beds
5baths
3,450sqft
$1,199,999
$348price/sqft
$8,188/moest. monthly cost
$327,520/yrincome needed

About This Home

Acreage, privacy, tranquility and sophistication galore! Constructed, remodeled, and lovingly cared for by the same family, this one-owner estate offers 5 bedrooms, 6 baths, and exceptional versatility throughout. The heart of the home is a stunning chef's kitchen featuring top-of-the-line Sub-Zero and Thermador appliances, a massive center island with bar seating, custom decorative ceiling, statement lighting, brick accents, and double wall ovens to create an impressive yet functional space, filled with natural light from oversized windows and doors. The spacious first floor also includes a grand family room with vaulted ceilings and a full masonry wood-burning fireplace, an elegant sitting room with hardwood floors and gas stove, formal dining room, executive office, parlor/piano room, junior primary suite, and an additional bedroom. Upstairs, the luxurious primary suite offers a private balcony overlooking the 20x40 kidney-shaped inground pool and serene backyard; your own nature-filled retreat. The finished lower level features a gym, craft room, game room, powder room, ample storage, and separate entrance (in-law headquarters potential.) The outstanding detached outbuilding, currently used as a workshop, offering 1,334 sq ft on the first floor (12'4'' ceilings) plus 450 sq ft of second-floor storage (7' ceilings). Equipped with three 10' x 9' overhead doors, radiant heated floors, separate gas, hot water boiler, and half bath, with most of the metal storage shelving possible to be included. Additional highlights include an attached 2-car garage, spacious mudroom. The pool is scheduled to open by the end of May. Ideally located near Saratoga Lake public marinas, waterfront dining, just 6 miles to downtown Saratoga Springs, and minutes to Saratoga Race Course. Shed, chicken coop, marble bench and 1 cabinet in the garage are excluded. The remaining items could be negotiable.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
8/10
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1995

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle,Asphalt
  • Construction materials: Cedar,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Contemporary,Craftsman,Custom
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Double Oven,Washer/Dryer
  • Laundry features: Electric Dryer Hookup,Laundry Room,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedroom

  • Level: First

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • High Speed Internet,Ceiling Fan(s),Solid Surface Counters,Tray Ceiling(s),Vaulted Ceiling(s),Walk-In Closet(s),Built-in Features,Cathedral Ceiling(s),Central Vacuum,Ceramic Tile Bath,Chair Rail,Crown Molding,Eat-in Kitchen,Kitchen Island
  • Window features: Wood Frames
  • Flooring: Tile,Wood,Carpet,Ceramic Tile,Hardwood,Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 2,250
  • Finished area above ground: 3,450

Full Bathroom

  • Level: First

Full Bathroom

  • Level: Second

Game Room

  • Level: Basement

Half Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Radiant,Radiant Floor
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,450
  • Total interior livable area: 3,450 sqft

Kitchen

  • Level: First

Laundry

  • Level: Basement

Living Room

  • Level: First

Office

  • Level: First

Other

  • Level: First

Other

  • Level: Basement

Other

  • Level: Basement

Other

  • Level: Basement

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Level: First

Primary Bedroom

  • Level: Second

Property

Details

  • Parcel number: 414089 204.417.14
  • Zoning description: Single Residence
  • Special condition: Standard

Features

  • Pool features: In Ground,Outdoor Pool,Salt Water
  • Patio & porch: Pressure Treated Deck,Covered,Patio,Porch
  • Exterior features: Lighting
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 2.10 Acres
  • Features: Private,Road Frontage,Cleared,Corner Lot,Landscaped

Parking

  • Total spaces: 15
  • Parking features: Off Street,Paved,Attached,Detached,Garage Door Opener,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 7
  • Covered spaces: 7