Address
24 Water Street, Urbana, NY
Price
$ 2,700,000
Property Attributes
  • MLS#R1684936
  • TypeSingle Family
  • Listing Status Active
  • CountySteuben
  • CityUrbana
  • AreaHammondsport-Village-467201
  • Zip14840
  • Style
  • Year Built1963
  • Taxes$ 27182
  • Price$ 2,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6732
  • Lot Size0.7407 Acres
Data Source:
Elmira-Corning Regional Association of REALTORS® (ECARNY)
Property Description

The Keuka Lakeside Inn presents a rare opportunity to acquire a waterfront hospitality property in the heart of New York’s Finger Lakes Region. Situated along the shores of Keuka Lake with over 230 feet of lake frontage, the offering includes a renovated 17-room inn, 20-slip marina, private boat launch, and a lake-view residence. Located within walking distance of the Village of Hammondsport’s restaurants, shops, wineries, breweries, and attractions, the property benefits from strong regional tourism and established guest demand. Recent improvements throughout the guest accommodations and grounds support continued operations while still offering future growth potential. Multiple income streams from lodging, marina operations, and residential use create flexibility for investors, owner-operators, or hospitality groups. The residential component provides an opportunity for on-site ownership, management housing, or additional rental income. With direct lake access, outdoor gathering spaces, established operations, and expansion potential, this property could also serve as a long-term retirement investment for an owner-operator seeking both lifestyle and income in one of the Finger Lakes’ premier waterfront destinations. Sale must be a stock sale of the corporation that owns the property and the business.

Price History
5/29/2026 Listed $2,700,000

General Features

Sewer SepticTank
Heating Electric,Gas,Baseboard,ForcedAir,WallFurnace
Utilities ElectricityConnected,WaterConnected
Possession CloseOfEscrow
Zoning B1
Township Hammondsport-Village
Property Subtype MixedUse
County Steuben
Property Type CommercialSale
Possible Use HotelMotel
Status Active
Directions From Main St. turn East onto Lake St. Turn left onto Water St. Property is located over the bridge.
City Urbana
Body of Water Keuka Lake
High School District Hammondsport
Number Of Units Total 18
MLS Area Hammondsport-Village-467201
Lot Size Units Acres
Tax Annual Amount 27182
Standard Status Active
Middle/Junior School District Hammondsport
Elementary School District Hammondsport
Tax Assessed Value 1333600
Property Sub Type Additional MixedUse,Commercial,Other
Roof Shingle
Construction Materials Brick
Year Built 1963
Total Rooms 17
Year Built Details Existing
Property Condition Resale
Lease Considered Y/N false
Electric Other
Waterfront Features DockAccess,Lake
Cooling CentralAir
Stories Count 1
Levels One
Zoning Description Business
Tax Lot 24

Interior Features

Heating Y/N true
Flooring Carpet,Linoleum,Vinyl
Fireplace Y/N false
Air Conditioning Y/N true
Total Stories 1

Exterior Features

Lot Features IrregularLot
Water Source Public
Lot Size Area 0.7407
Building Area Total 6732
Lot Dimensions 239X135
Lot Size Acres 0.7407
Waterfront Y/N true
Parking Features Surfaced
Total Parking 20
Inclusions Equipment,Inventory,Land, Building and Business,Other - See Remarks
Number of Buildings 3
Frontage Length 239

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 Single Family Average in 14840

Price
AVG $1.2M
$2.7M
Taxes
AVG $11,543
$27,182
Year Built
AVG 1963
1963

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