616 Summit St Prospect, NY 13435
Estimated payment $320/month
Highlights
- Barn
- Open Floorplan
- 2 Car Detached Garage
- View of Trees or Woods
- 1 Fireplace
- Porch
About This Home
This remarkable Gothic Revival farmhouse blends historic charm with boundless opportunity. With an open canvas awaiting your creativity, this property offers fabulous bones, soaring ceilings, and architectural details that simply aren't found in newer homes. Every inch brims with possibility-from the sweeping foyer to the flexible floor plan, there's space to craft exactly what you've always wanted. The current owner didn't just outline the dream-they've set you up for success! The thoughtful package includes stamped septic plans, full floor plans, deck and electrical designs, and all the ideas you'll need to hit the ground running...all that's missing is your touch! Whether you're a seasoned renovator or ready for your first project, the owner is happy to assist with finding a stellar rehab loan and can offer guidance throughout your renovation journey. Location? It's unbeatable. Situated in the welcoming hamlet of Prospect, NY, you're just minutes from the sparkling waters of Hinckley Lake, public boat launches, and endless outdoor adventures. Cast a fishing line, paddle out for a sunrise, or explore the magnificent Adirondacks-a year-round playground at your doorstep! Twenty minutes brings you to the heart of a charming small city or into the lush landscapes of the Old Forge region. Convenience and natural beauty, all in one. Currently envisioned as a spacious 2,250 sq ft layout featuring three bedrooms, two full and one half baths, and an open-concept common area designed for easy living-yet entirely flexible for your needs and ideas. Don't just settle for someone else's dream-this home is your blank slate bursting with potential, ready for you to create the perfect blend of old soul and new style. Bring your vision, bring your passion, and let this one-of-a-kind property become a home like no other!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,327
Parking
- 2 Car Detached Garage
Home Design
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,250 Sq Ft Home
- 2-Story Property
- Open Floorplan
- 1 Fireplace
- Entrance Foyer
- Living Room
- Dining Room
- Views of Woods
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Additional Features
- Porch
- Barn
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,245 | $25,000 | $5,400 | $19,600 |
| 2023 | $1,233 | $25,000 | $5,400 | $19,600 |
| 2022 | $1,309 | $25,000 | $5,400 | $19,600 |
| 2021 | $1,282 | $25,000 | $5,400 | $19,600 |
| 2020 | $877 | $25,000 | $5,400 | $19,600 |
| 2019 | $432 | $25,000 | $5,400 | $19,600 |
| 2018 | $437 | $25,000 | $5,400 | $19,600 |
| 2017 | $432 | $25,000 | $5,400 | $19,600 |
| 2016 | $439 | $25,000 | $5,400 | $19,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2025 11/26/25 | Pending | -- | -- | -- |
| 09/11/2025 09/11/25 | Price Changed | $39,900 | -20.0% | $18 / Sq Ft |
| 08/25/2025 08/25/25 | Price Changed | $49,900 | -16.7% | $22 / Sq Ft |
| 08/02/2025 08/02/25 | For Sale | $59,900 | -- | $27 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $6,114 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: NY State MLS
MLS Number: 11543548
APN: 178-006-0002-025-000-0000
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