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Whispering Pines Waterfront Cottages 365 E River Dr 5 Room Hotel Lake Luzerne, NY 12846 $3,665,983 CAD ($733,197 CAD/Room)

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INVESTMENT HIGHLIGHTS

12 renovated cottages including: 7 bed lodge, 4-bed house and ten 2-bedroom cottages -all with full kitchens.
Keyless entry for reduced operational costs - great for AirBnb, Vrbo, long and short term rentals
15 minutes to Lake George and Saratoga; 45 minutes to Albany International Airport

5 acres along the Hudson River with a new dock, small beach, pontoon boat, kayaks, canoes and watersports
Year-round rental potential with access to outdoor activities in the beautiful Adirondacks
Strong upside potential with no operating history as Owner was clearing the grounds and making improvements.

EXECUTIVE SUMMARY

Discover a unique opportunity to own a charming riverside escape in Lake Luzerne, New York on the banks of the scenic Hudson River. Just three hours from Boston and NYC, Whispering Pines Cottages is the perfect getaway for city dwellers seeking a peaceful retreat. With easy access to the majestic Adirondacks, this year-round destination blends natural beauty with relaxation and adventure, featuring 12 renovated cottages, including a 7 bedroom house and a 4-bedroom house. The lodge and Units 8, 9 and 10 are fully winterized; the 8 other units are seasonal. In all, there are a total of 31 bedrooms in the 12 units. This is a wonderful opportunity for a hospitality professional to own an easy to operate property with long term units in a spectacular scenic setting. Great potential for strong revenue and Net Operating Income.

OM Whispering Pines

NDA Whispering Pines

PROPERTY FACTS

Price	$3,665,983 CAD	Lot Size	5.00 AC
Price Per Room	$733,197 CAD	Building Size	12,454 SF
Sale Type	Investment	No. Rooms	5
Sale Conditions	Business Value Included Lease Option	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1940/2024
Property Subtype	Hotel	Parking Ratio	3.37/1,000 SF
Building Class	B	Corridor	Exterior
Zoning	RT - RT

Price	$3,665,983 CAD
Price Per Room	$733,197 CAD
Sale Type	Investment
Sale Conditions	Business Value Included Lease Option
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	5.00 AC
Building Size	12,454 SF
No. Rooms	5
No. Stories	2
Year Built/Renovated	1940/2024
Parking Ratio	3.37/1,000 SF
Corridor	Exterior
Zoning	RT - RT

Balcony
High Speed Internet Access
Patio

Beach (direct access)
Destination Resort
Boutique/Lifestyle Hotel

Public Access Wifi
Smoke-Free
Fully-Equipped Kitchen

Multi-Room Suites
Digital key

ABOUT 365 E RIVER DR , LAKE LUZERNE, NY 12846

Muroff Hospitality Group is pleased to present the Whispering Pines Cottages, a newly renovated winterized riverside retreat in Lake Luzerne, New York. Situated on 5 beautifully wooded acres along the Hudson River, the property features 12 cottages, including a seven bedroom lodge, a 4-bedroom house and ten 2-bedroom cottages, all with full kitchens. Just minutes from Lake George and Saratoga, it’s an ideal location for vacationers and short or long-term rentals. With a new dock, small beach, pontoon boat, kayaks, and keyless entry systems, this turnkey property is ready for new ownership and outdoor enthusiasts.