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About This Home

This 10-bedroom, 9-bathroom single family at 4983 State Highway 28 in Cooperstown, NY is listed for $1,500,000 ($258 per sqft). the home offers 5,810 sqft of living space on a 5.00 acres lot.

Agent Description

INCOME-GENERATING INVESTMENT OPPORTUNITY - Prime Cooperstown Location on State Highway 28! Welcome to the Hope Mill property portfolio, a rare, fully operational, and highly successful investment opportunity in the heart of Cooperstown, NY. Set on approximately 5 scenic acres bordering picturesque Oaks Creek, this turnkey business includes three

established and professionally managed rental homes, a heated in-ground saltwater pool, and an unmatched location between the Village of Cooperstown and Cooperstown Dreams Park. This rare multi-home compound consists of the historic stone Hope Mill House, the charming Hope Mill Cottage, and the spacious Hope Mill Ranch.

Together, the properties are currently operating as highly successful short-term summer baseball rentals with strong demand and summer 2026 bookings already secured, generating over $140,000 in projected revenue. The established booking history and repeat rental demand highlight the strength and stability of this proven income-producing portfolio.

In total, the three homes offer 10 bedrooms and 8.5 bathrooms, providing exceptional flexibility for large groups, tournament families, vacation rentals, and extended-stay guests. Each residence is thoughtfully positioned to offer privacy while still benefiting from shared access to the beautifully maintained grounds and resort-style heated saltwater pool.

In addition to its strong summer performance, the property has a proven history of both short-term and long-term rentals, offering clear expansion potential for year-round income optimization. Opportunities exist to further increase revenue through extended seasonality, rate adjustments, and additional use strategies, making this a scalable hospitality investment.

Ideally located just 3.2 miles from the Village of Cooperstown, the property provides convenient access to the National Baseball Hall of Fame, Bassett Medical Center, shopping, dining, breweries, and all local attractions. Cooperstown Dreams Park is only minutes away, making this one of the most desirable rental locations for baseball families and tournament visitors.

The property also sits directly on the public bus line, offering easy transportation to both Cooperstown and Oneonta. Whether you are seeking a fully operational income-producing business, a rare multi-home compound investment, or a legacy property with strong upside potential, the opportunities here are exceptional. Schedule your private showing today!

Key Features

  • 5.00 acre lot
  • 2 stories
  • Private pool
  • Fireplace
  • Waterfront

Property Details

2 stories
8 full, 1 half

Amenities

PoolFireplaceWaterfrontHardwood

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

4983 State Highway 28

Cooperstown, NY 13326

Features & Amenities

Interior Features

Walk-in Closet

Exterior Features

Pool

Property Details

Flooring

HardwoodLaminateTile

Construction

StoneVinyl SidingWood Siding

Parking

Garage

Heating

BaseboardElectric (Heating)Fireplace(s)Forced AirOil

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 10-bedroom, 9-bathroom single family at 4983 State Highway 28 is listed at $1,500,000 ($258/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: 5.00 acre lot, 2 stories, Private pool, Fireplace, Waterfront. Interior Features: Walk-in Closet. Exterior Features: Pool.

This property is listed by Natasha Selover and can be reached at 6075476177 or Natasha@stackpageproperties.com.

NS

Natasha Selover

Agent at Stack-Page Properties

(607) 547-6177

Listed by Stack-Page Properties · View on Broker Site

MLS# 11363531· Source: listhub· Updated 8 days ago

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

4983 State Highway 28, Cooperstown, NY 13326

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