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1837 Mountainview Dr E, Homer, NY, 13077

14beds
6baths
5,158sqft
$649,900
$126price/sqft
$5,644/moest. monthly cost
$225,760/yrincome needed

About This Home

A rare opportunity to own a piece of Little York Lake history! Situated on nearly 90 feet of pristine lake frontage, 1837 Mountainview Drive E offers breathtaking waterfront views, a private dock, and endless possibilities for investors, owner occupants, or those looking to create a truly special lakeside retreat. Currently configured as a 6 unit property with a strong rental history, the property includes three separate buildings: a detached 1 bedroom cottage, a 2 unit building featuring two 2 bedroom apartments, and a 3 unit building comprised of three 3 bedroom units. Each unit offers excellent potential for continued rental income while leaving plenty of opportunity for updates and value added improvements. Looking for a lakefront residence with income potential? The 3 unit building could potentially be converted back into a single family home, allowing you to enjoy year round waterfront living while generating income from the remaining buildings. Whether you are seeking an investment, a vacation property, or a combination of personal use and rental income, this unique offering provides exceptional flexibility. Steeped in local history, the property is associated with the former Little York Ice Company, reflecting the era when natural ice harvested from Little York Lake supplied homes and businesses before modern refrigeration became commonplace. Ice harvesting was an important industry around the lake during the late 1800s and early 1900s, making this property part of Little York's rich historical story. Enjoy everything Little York Lake has to offer in every season including boating, fishing, kayaking, and swimming in the summer, spectacular fall foliage, and peaceful winter scenery. You will even have front row seats to the lake's beloved Fourth of July fireworks display. Properties offering this combination of waterfront living, proven income, redevelopment potential, and historical significance are exceptionally rare. Also listed as 5+ unit, MLS S1696737. The unit count was altered to reflect properly for the number of bedrooms and bathrooms on the syndication sites.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
6/10
Homer Junior High SchoolGrades 6-84.3 mi
7/10
Homer Senior High SchoolGrades 9-125.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1876

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other,See Remarks
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Carpet,Varies,Vinyl

Heating

  • Heating features: Electric,Gas,Baseboard,Hot Water

Interior Area

  • Total structure area: 5,158
  • Total interior livable area: 5,158 sqft

Property

Details

  • Parcel number: 11308903701800010070000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Dock,See Remarks
  • On waterfront: Yes
  • Waterfront features: Dock Access,Lake
  • Waterbody name: Lower Little York Lake
  • Frontage length: 89

Lot

  • Lot size: 0.26 Acres
  • Features: Irregular Lot,Other,See Remarks
  • Lot size dimensions: 87 x 130

Parking

  • Parking features: One Space

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
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters in Cortland County and New York

Flood
Hurricane
Severe Storm
Tornado
Tropical 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 $3,286$39,432
Home Insurance *$315$3,780
Property Taxes $1,191$14,292
Electricity $852$10,228
Total$5,644$67,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,508/yr
40% on housing$169,320/yr
45% on housing$150,506/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: -4.7%
-4.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -3.8%
-3.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 13077$219
Cortland County$126

vs Homes Sold Last Month

Median $/sqft

ZIP 13077$150
Cortland County$127

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$649,900

For Sale by Agent

AgentDana L. Decker
BrokerageBerkshire Hathaway CNY Realty

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