5227 Oak Harbor Rd Covert, NY 14886

Build your dream home in Oak Harbor, a boutique 12-lot community nestled above Cayuga Lake in the heart of the Finger Lakes. This private 3-acre wooded lot offers lake access and shared ownership of 300 feet of pristine shoreline, including a private dock, boat lift, nature trails, picnic area, and playground. Adjacent to the 800-acre Taughannock Falls State Park, the setting offers year-round natural beauty, privacy, and an abundance of wildlife. While secluded, the property is located just minutes from the amenities of Ithaca (Cornell and Ithaca College) and the Village of Trumansburg. The community allows for construction of a guesthouse, ideal for a short-term rental, private home office, or in-law suite. This was a key feature for the current owners, offering flexibility and potential rental income so close to town. HOA dues are reasonable and vary by year depending on planned maintenance, currently around $1200 a year. These help offset the cost of maintaining the shoreline, access road, stairs, and surrounding common areas, allowing you to focus on enjoying lake life! The existing dock and lift are only a few years old, offering convenience and savings compared to private marina fees. The location provides the best of both worlds, secluded privacy when you want it, with neighbors nearby for added peace of mind when you are away. Whether you’re looking to build a year-round residence, seasonal retreat, or investment property, Oak Harbor offers a unique opportunity to own in a sought-after Finger Lakes community. A rare find with lake access, flexible building options, and proximity to state parks, wine trails, and world-class dining.