$39,900
$20K PRICE DROP

616 Summit St Prospect, NY 13435

Estimated payment $324/month

Total Views 6,378
3 Beds
2.5 Baths
2,250 Sq Ft
$18 Price per Sq Ft

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!

Listing Agent

Nathaniel Crossett

THE BOUTIQUE REAL ESTATE SHOPPE Listed on: 08/02/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Lot Details

0

Parking

2

Listing Details

  • Directions To Property: Route 365 to Summit Street
  • ExteriorOpenPorch: Yes
  • HamletID: 0
  • InteriorAmps: 150
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • LastPriceValue: 49900
  • Number Of Stories: 2
  • OutbuildingBarn: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Prospect
  • Property Class: 210
  • PropertyTownship: Prospect
  • Prop. Type: Residential
  • PropertyZipCode: 13435
  • PropertyZoneType: 0
  • RenovationComments: Full Renovation Plans available!
  • Renovation Year: 0
  • ResidentialStyle: 2100
  • RoofAsphalt: Yes
  • Dining Room: Yes
  • En Suite Room: Yes
  • Foyer: Yes
  • Primary Bedroom: Yes
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • SidingWood: Yes
  • USStateAbbreviation: NY
  • ViewWooded: Yes
  • WaterSourceType: Municipal
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • BasementAreaSquareFootage: 0
  • Basement Type: Full
  • BasementUnfinished: Yes
  • Kitchen Type: Open
  • Fireplaces: 1
  • Number of Rooms: 0
  • Living Room: Yes
  • AboveArea Sq Ft: 2250

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Garage Type: Detached
  • Numberof Garage Spaces: 2

Utilities

  • Sewer Type: Private Septic
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 1327

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,321 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
Source: NY State MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: NY State MLS

MLS Number: 11543548

NY State MLS

APN: 178-006-0002-025-000-0000