Classic lake cottages that trace their roots to the early 1900’s are few and far between, and ones in great shape, in great settings on great lakes with their charm intact are even rarer. Sure, you can go up to the Adirondacks and find some, but within a few hours of NYC they’re almost non-existent. Last year, this lakefront house on Tennanah Lake came on the market at $900,000, a price that made my eyes roll. While the house and setting are quite special, I couldn’t get my head around that price to actually promote it to any of my clients. Needless to say, at $900,000 it didn’t sell. Fast forward a year. The owners of the house moved the listing to another broker, and dropped the price to $649,000. Now the house has my attention.
Tennanah Lake is a 1 1/2 mile long motorboat lake west of Roscoe, and in my opinion, is one of the prettiest lakes in Sullivan County. The property has two features that can be hard to find in a lake house — it has gentle lawn down to the lake and it faces west for sunset views. It has 1.85 acres and 260+ frontage feet on the lake, so the house isn’t right on top of neighbors. (That amount of lake frontage is almost unheard of under $1M.) The house isn’t huge; and some of the bedrooms are ‘cozy sized’ (they have to be, to get five of them into a 1500 sq. ft. house.) But hey, this house is all about getting cozy and snuggling up.
Is it bargain priced? Not by a long shot. But special things seldom are. For a buyer who’s been searching for that needle-in-a-haystack “On Golden Pond” lake house (without the five hour drive), this one may be the one.