MLS#208646

250 Lake Street

$1,100,000

1.84 acres

EXCEPTIONAL LAKE CHAMPLAIN WATERFRONT INVESTMENT OPPORTUNITY! Historic grandeur meets income-producing potential in the Village of Rouses Point. Set along 181 feet of privately owned shoreline, this distinctive property includes an established bed-and-breakfast and a separate five-unit apartment building, totaling 10,575 square feet of living space. The historic main residence offers nearly 6,000 square feet, showcasing exquisite original woodwork, restored fireplaces with original Mercer tile, and a magnificent winding staircase. An inviting sitting room frames beautiful views of Lake Champlain and Vermont's Green Mountains, while the grand dining room offers an elegant gathering space. The spacious custom kitchen accommodates the demands of hospitality with a commercial-grade refrigerator, separate freezer, two dishwashers, and generous preparation space. Upstairs are four guest bedrooms, each with private baths, one suite offers Lake and mountain views from the comfort of bed. Private owner's quarters feature two additional bedrooms, a spacious bathroom, laundry facilities, and a private back staircase leading to the kitchen. The impressive covered front porch creates an idyllic setting for morning coffee, evening gatherings, and panoramic views of the lake and mountains. Guests can enjoy the tranquility and recreational opportunities afforded by 181 feet of owned waterfront. The separate, fully leased apartment building features five one-bedroom, one-bath units and on-site laundry located in a common area, providing an additional income stream. Near the Canadian border and bridge to Vermont, along a scenic Adirondack cycling route, the property welcomes travelers exploring the region. Montreal is approximately 45 minutes north, with Lake Placid and Whiteface Mountain about an hour south. Nearby toll-free bridge access makes Vermont an easy day trip. Own a remarkable piece of Lake Champlain history with established hospitality appeal and multiple income streams.

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Listing courtesy of Elite Realty North