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Property at 4983 State Highway 28, Cooperstown, NY 13326
ACTIVE
0
$1,500,000

4983 State Highway 28Cooperstown, NY, 13326

10 Beds8.5 Baths5 Acres
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!

Est. Monthly

$7,110/mo

$1,500,000

4983 State Highway 28, Cooperstown, NY

10 Beds8.5 Baths5 Acres

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!

StatusActive
Property TypeResidential
Property Subtype—
Total Rooms28 rooms
Days on Market1 day

Est. Monthly Payment

$7,109.96

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

4983 State Highway 28

Cooperstown, NY 13326 • Otsego
10
Beds
8.5
Baths
—
SqFt
5
Acres
Status
Active
Property Type
Residential
Property Subtype
—
Total Rooms
28 rooms
Days on Market
1 day
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $11,613
Property History
  • Listed for sale
    Nov 12, 2024 • NY State MLS • 11363531
    $1,500,000
Mortgage Calculator
Estimated monthly payment for this property
$7,109.96
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NY State MLS
  • MLS#
    11363531
  • Listing Office
    Stack-Page Properties
  • Last Updated
    14 hours ago

Appliances

  • Appliances
    • Washer
    • Range
    • Microwave
    • Water Heater
    • Refrigerator
    • Dryer
    • Dishwasher

Climate & Systems

  • Heating
    • Hot Water
    • Forced Air
    • Baseboard
    • Oil
    • Electric

Interior Features

  • Flooring
    • Tile
    • Stone
    • Laminate
    • Hardwood
  • Interior Features
    • Walk-In Closet(s)
    • Entrance Foyer
    • Master Downstairs

Parking

  • Parking Features
    Driveway

Lot & Grounds

  • Lot Size
    5 acres
  • View
    • Trees or Woods
    • Street
    • Scenic
  • Patio & Porch
    • Patio
    • Porch
    • Deck

Type

  • Property Type
    Residential

Structure

  • Construction
    • Wood Siding
    • Vinyl Siding
    • Stone
  • Roof
    Asphalt

Condition

  • Days on Market
    1 day
  • Water
    Well
  • Sewer
    Septic Tank

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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