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422 Cheesefactory, Mohawk, NY, 13407

2beds
1baths
0sqft
$4,000,000
--price/sqft
$28,512/moest. monthly cost
$1,140,480/yrincome needed

About This Home

An exceptional opportunity to acquire the former Shoemakers Ski Resort in Little Falls, offering over 400± acres across seven parcels with limitless potential for redevelopment and investment. This expansive property is ideally suited for a wide range of uses, including a private estate or family compound, subdivision into estate lots, or a second-home community. With its natural terrain and existing trail systems, the site lends itself perfectly to outdoor recreation such as a mountain biking park, ATV trails, hunting preserve, and direct access to or potential integration with snowmobile trails, making it an ideal four-season destination. The landscape also supports seasonal attractions like snow tubing and ziplining. The existing building currently operating as an Airbnb provides immediate income, with the opportunity to expand into a full-scale short-term rental destination, boutique lodge, glamping retreat, or event and wedding venue. Additional possibilities include a corporate or wellness retreat, campground or RV park, or even a renewable energy project such as solar. Whether envisioned as a hospitality-driven investment, recreational destination, or long-term land hold with development upside, this property presents a rare chance to transform a historic site into a premier destination.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 0

Heating

  • Heating features: Oil,Forced Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 121.422
  • Lease amount: 0

Features

  • Stories: 2
  • Frontage length: 0

Lot

  • Lot size: 410 Acres

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

  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters in Herkimer 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 $20,226$242,712
Home Insurance *$2,507$30,084
Property Taxes $5,533$66,396
Electricity $246$2,954
Total$28,512$342,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$977,554/yr
40% on housing$855,360/yr
45% on housing$760,320/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: 5.2%
5.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 13407$90
Herkimer County$168

vs Homes Sold Last Month

Median $/sqft

ZIP 13407$105
Herkimer County$130

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)

No zestimate history available

Price History

DateEventPrice
2026-03-26Listed for sale$4,000,000

For Sale by Agent

AgentAndroula Kazantzis
BrokerageKAZANTZIS ANDROULA

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