588 Lake Ave Saratoga Springs, NY 12866
Estimated payment $2,653/month
Highlights
- View of Trees or Woods
- 2.34 Acre Lot
- Solid Surface Countertops
- Caroline Street Elementary School Rated A-
- Ranch Style House
- No HOA
About This Home
Rare opportunity to acquire either a turnkey restaurant property on Lake Avenue in Saratoga Springs OR ideal as a seasonal destination business, OR reimagine the property as an event venue, redevelopment project, OR potential subdivision into three building lots backed up to beautiful open field. The offering includes three deeded lots and a fully equipped restaurant with all furniture, fixtures, and equipment (FF&E) included, featuring a walk-in cooler, smoker, and ample on-site parking for approximately 85 vehicles. A prime location at the Gateway to Saratoga, with flexible use potential and exceptional upside. 6 minutes to downtown Saratoga Springs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,271
Year Built
- Built in 1960
Lot Details
- 2.34 Acre Lot
- Property fronts a private road
- Cleared Lot
Property Views
- Woods
- Pasture
Home Design
- Ranch Style House
- Slab Foundation
- Wood Siding
- Asphalt
Interior Spaces
- 1,444 Sq Ft Home
- Family Room
- Home Office
Kitchen
- Convection Oven
- Built-In Gas Oven
- Microwave
- Freezer
- Solid Surface Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- Bathroom on Main Level
- 0.5 Bathroom
Parking
- 85 Parking Spaces
- Off-Street Parking
Outdoor Features
- Shed
Schools
- Saratoga Springs High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- 200+ Amp Service
- Water Purifier
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 411589 167.-2-64
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 | $5,997 | $198,300 | $165,700 | $32,600 |
| 2023 | $5,964 | $198,300 | $165,700 | $32,600 |
| 2022 | $5,072 | $198,300 | $165,700 | $32,600 |
| 2021 | $5,072 | $198,300 | $165,700 | $32,600 |
| 2020 | $5,072 | $198,300 | $165,700 | $32,600 |
| 2019 | -- | $198,300 | $165,700 | $32,600 |
| 2018 | $5,072 | $198,300 | $165,700 | $32,600 |
| 2017 | $5,072 | $198,300 | $165,700 | $32,600 |
| 2016 | $5,072 | $198,300 | $165,700 | $32,600 |
| 2015 | -- | $198,300 | $165,700 | $32,600 |
| 2014 | -- | $198,300 | $165,700 | $32,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/29/2026 03/29/26 | Pending | -- | -- | -- |
| 01/23/2026 01/23/26 | For Sale | $399,000 | -- | $276 / Sq Ft |
Source: Global MLS
MLS Number: 202611035
APN: 411589-167-000-0002-064-000-0000
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Ask me questions while you tour the home.