USLakeFront Lake survey & intelligence

$985,000

5313 Cove Rd, Lake George, NY 51685

Sample listing
5
Bedrooms
2
Bathrooms
3,400
Square feet
60 ft
Shoreline
$16,417
Per shoreline ft

Architect-designed retreat on the main channel on Lake George. Roughly 60 feet of owned shoreline on 2.73 acres, with 5 bedrooms across 3,400 square feet. Single-slip stationary. Water clarity on Lake George averages around 30 feet and the lake is classified natural for water level. Dock and shoreline work fall under Lake George Park Commission. This is a sample listing used to demonstrate the platform.

Features

Dock power and waterBoat liftTwo-slip dockScreened porchNew seawallBoathouseOpen floor plan

Property facts

Property typeHouse Year built1960 Lot size2.73 acres DockSingle-slip stationary Water depth at dock7 ft ExposureWest-facing ViewPanoramic Annual taxes$14,176 HOA$0/mo Short-term rentalPermitted Listed2026-08-05
$8,504
All-in monthly
$223,890
Cash to close
$21,455
Costs beyond the obvious

Up front

Down payment$197,000
Closing costs (est. 2.4%)$23,640
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$223,890

Every year

Principal & interest$62,277
Property taxes$14,176
Hazard insurance$4,137
Flood insurance$3,240
Utilities$4,590
Maintenance reserve (1.1%)$10,835
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$360
Total$102,045
Adjust these assumptions →
$16,417
This home / shoreline ft
$5,950
Lake average
$290
Per square foot
Well above the lake average — this property prices at $16,417 per shoreline foot against a lake average near $5,950, a difference of 176%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year139 Gross revenue$72,680 Lodging tax−$7,995 Management−$12,937 Cleaning & supplies−$17,020 Net operating income$34,729 Against annual carry$-67,317
Model your own →
7.0
Lake score
A
Water grade
2 ft
Drawdown
Level stabilityNatural Typical clarity30 ft Dock authorityLake George Park Commission
Full Lake George report →
Comparable

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