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$ 1,500,000
Est. payment | /mo
10 Beds
8.5 Baths
5,810 SqFt
$ 1,500,000
Est. payment | /mo
10 Beds
8.5 Baths
5,810 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,810 sqft
Price per Sqft $258
MLS Listing ID 11363531
Bedrooms 10
Full Baths 8
Half Baths 1
Annual Tax Amount $11,613
Tax Year 2025
Property 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!
Location
State NY
County 36077
Rooms
Family Room 1
Dining Room 1
Kitchen 0
Interior
Fireplaces Number 1
Furnishings 1
Exterior
Pool Pool Heated, Pool InGround, Pool Salt Water, Pool Child Proof
Private Pool 1
Building
Story 2
Sewer Private Septic
Water Private Well
Structure Type Post and Beam
Others
Virtual Tour https://my.matterport.com/show/?m=67GKE99rHcA
Nearby Locations
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Wally Kerr
Broker | License ID: 83230