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43 Birch Avenue, Lake George, NY, 12845

6beds
5baths
3,562sqft
$1,200,000
$337price/sqft
$8,253/moest. monthly cost
$330,120/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Lake George! Situated on a rare 2.34-acre parcel, this unique property offers immediate rental income along with outstanding future development potential. The property features a 1,312 sq. ft. main residence with 2 bedrooms and 1.5 baths, plus a separate one-story building containing three private apartments--two 1-bedroom units and one 2-bedroom unit. Each apartment offers its own private entrance with separate access leading outdoors to a patio, dedicated parking, and added privacy for tenants. Perfect for investors or owner-occupants, live comfortably in the main home while generating rental income from the three apartments, or maximize the property's full investment potential. Investors will appreciate the property's public water and sewer, along with its desirable RCH (Residential Commercial High Density) zoning. With the potential for approximately 6-10 residential units (subject to municipal approvals), opportunities like this are exceptionally rare in Lake George. Large parcels with development potential within walking distance of the lake, beaches, restaurants, shopping, marinas, and all that Lake George has to offer seldom become available. Whether you're looking for an owner-occupied investment, a strong income-producing property, or a redevelopment opportunity in one of the Adirondacks' most sought-after destinations, 43 Birch Avenue presents a truly one-of-a-kind opportunity.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1958

Materials

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

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Interior Entry,Partial,Sump Pump,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Flooring: Ceramic Tile,Hardwood,Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,562

Heating & Cooling

  • Heating features: Baseboard,Electric,Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,562
  • Total interior livable area: 3,562 sqft

Property

Details

  • Parcel number: 522289 264.10158
  • Attached to another structure: Yes
  • Zoning description: Multi Residence
  • Special condition: Standard
  • Other equipment: None

Features

  • Patio & porch: Enclosed,Front Porch
  • Exterior features: None
  • Fencing: Split Rail,Chain Link,Partial,Perimeter
  • Has view: Yes
  • View description: Trees/Woods,Mountain(s)
  • Waterbody name: Lake George

Lot

  • Lot size: 2.34 Acres
  • Features: Level,Road Frontage,Cleared,Irregular Lot

Parking

  • Total spaces: 10
  • Parking features: Off Street,Stone,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters in Warren 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 $6,067$72,804
Home Insurance *$318$3,816
Property Taxes $1,280$15,360
Electricity $588$7,063
Total$8,253$99,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$282,960/yr
40% on housing$247,590/yr
45% on housing$220,080/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: -1.8%
-1.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$337This listing

vs Other Active Listings

Avg $/sqft

ZIP 12845$500
Warren County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 12845$418
Warren County$219

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
2026-07-06Listed for sale$1,200,000
2012-02-07Listing removed$490,000
2011-09-09Listed for sale$490,000
2004-12-13Sold$250,000

For Sale by Agent

AgentNabil ElDib
BrokerageDavies Davies & Associates Real Estate LLC

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