Waterfront
Address
179 S Rainbow Shores Road, Richland, NY
Price
$ 5,000,000
Property Attributes
  • MLS#R1490568
  • TypeCommercial
  • CountyOSWEGO
  • CityRichland
  • AreaRichland
  • NeighborhoodRainbow Shores 01 Sec 04
  • Zip13142
  • Style
  • Year Built1920
  • Taxes$ 24000
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11716
  • Lot Size3.83 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Welcome to historic Rainbow Shores. Situated on 3.83 acres, it boasts 500 feet of manicured lakefront along the shores of Lake Ontario. The panoramic views and tranquil ambiance make it a perfect location for wedding venues. This extraordinary property features 15 beautifully appointed cabins, many of which have been updated. One of the most remarkable aspects of Rainbow Shores is its proximity to private state land, guaranteeing your privacy and preserving the unspoiled beauty. The assurance that no further development will take place adds to the exclusivity and value of this exceptional property. With parking capacity for 50 to 100 cars, Rainbow Shores can easily accommodate large events. Whether you are an investor seeking a prestigious hospitality establishment or an entrepreneur with a vision for an unforgettable dining experience, Rainbow Shores Restaurant and Cabins presents an unparalleled opportunity. Take advantage of this rare gem, combining the nostalgia of the past with the allure of modern luxury, and create your own legacy in this extraordinary lakeside retreat. Give us a call today for your private tour.

Price History
8/15/2023 Listed $5,000,000

General Features

Sewer PublicSewer,SepticTank
Heating ExhaustFan,Propane,Oil,Baseboard,HotWater,Radiant,WallFurnace
Cooling ExhaustFan
Utilities SewerConnected,WaterConnected
Possession Closing
Roof Shingle
Appliances Humidifier
Year Built 1920
Stories 1
Township Not Applicable
Levels One
Waterfront Features Lake
County Oswego
Net Operating Income -24000.0
Property Type CommercialSale
Subdivision Name Rainbow Shores 01 Sec 04
Status Active
City Richland
Body of Water Lake Ontario
High School District Pulaski Academy and Central
Zoning Description Other - See Remarks
Total Units 16
MLS Area Richland-355089
Lot Size Square Feet 166835.0
Waterfront Y/N No
Street Name Rainbow Shores
Year Built Details Existing
Tax Annual Amount 24000.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 73
Standard Status Active
Middle/Junior School District Pulaski Academy and Central
Elementary School District Pulaski Academy and Central
Tax Assessed Value 411775
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 5

Interior Features

Total Stories 1
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Road

Exterior Features

Water Source Public
Total Parking 100.0
Inclusions Equipment,Land and Building,Land,Building and Business
Lot Size Area 3.83
Number of Buildings 8
Building Area Total 11716.0
Lot Dimensions 505X232
Lot Size Acres 3.83
Frontage Length 487
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 13142

Price
AVG $910K
$5M
Taxes
AVG $11,555
$24,000
Visits
AVG 147
150
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1920
Walkscore
AVG 42
6
Data Provided by Walkscore® not using MLS data

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