About This Home

This 22-bedroom, 13-bathroom residential multi family at 460 Cold Spring Road in Saratoga Springs, NY is listed for $2,990,000 ($631 per sqft). Built in 1970, the home offers 4,738 sqft of living space on a 21.30 acres lot.

Key Features

  • Built in 1970
  • 21.30 acre lot
  • 15 parking spaces

Property Details

12 full, 1 half
4-car garage
1970

Amenities

Hardwood
Listing Description

Investors & Builders Take Notice - Rare Multifamily & Development Opportunity. Exceptional opportunity to acquire a multifamily investment spanning over 21 acres, featuring 8 structures with significant upside. More than half of the property offers additional residential development potential.

Ideally located just minutes from Brown's Beach, a short distance to I-87 Exit 12 and I-87 Exit 13, and in close proximity to a local Technology Park, providing strong appeal for workforce housing and potential for long-term growth. Situated within the Stillwater Central School District.SLZ-1 Zoning allows for a range of uses, including residential

development (single-family and two-family homes), as well as commercial opportunities such as a restaurant or bed & breakfast with a Special Use Permit (SUP). This offering includes four separate deeds being sold as a package and must be purchased together.

Addresses include: 184, 186, 188, 190 & 192 Didonna Lane, and 460 Cold Spring Road. At 460 Cold Spring Road, the first three trailers are owned by the seller, while the remaining 3 operate on land leases, offering a mix of income streams. Municipal water and sewer are available at the road Parcels SBL #'s 218.20-2-29 (7.48 Acres), 218.20-2-30 (.08 Acres), 230.-1-11 (21.20 Acres) and 230.1-83 (.02 Acres)

Monthly Cost Estimate

$15,991/mo

20% down · 6.5% · 30 years

Principal$2,162
Interest$12,957
Insurance$872

Estimates only. Actual payments may vary.

Location

460 Cold Spring Road

Saratoga Springs, NY 12866

Property Details

Flooring

CarpetHardwoodLaminateLinoleum

Parking

Off StreetDriveway

Heating

Electric (Heating)Propane (Heating)

Questions & Answers

This 22-bedroom, 13-bathroom residential multi family at 460 Cold Spring Road is listed at $2,990,000 ($631/sqft). The estimated monthly payment is $15,991 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 21.30 acre lot, 15 parking spaces.

This property is listed by Charles B Goodridge.

CG

Charles B Goodridge

License 30GO1059221

Agent at Julie & Co. Realty, LLC

Listed by Julie & Co. Realty, LLC · Broker phone: (518) 350-7653 · View on Broker Site · Broker website

MLS# 202613597· Source: Global MLS, Inc.· 225 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

460 Cold Spring Road, Saratoga Springs, NY 12866

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