83 Pilot Knob Road
About This Property
The primary residence offers 4-5 bedrooms, 3 full baths, a walk-out lower level, and accommodations for 14+ guests. Of the three additional cabins, one is a renovated year-round 2-bedroom, 1-bath residence, while the remaining two are charming seasonal 1-bedroom, 1-bath cabins.
A rare, level waterfront lawn leads to a concrete seawall and private crib dock accommodating up to five boats. Enjoy western sunsets, a screened porch, outdoor kitchen, multiple firepit areas, and exceptional access to Lake George.
Offered turnkey and located in the Town of Queensbury with Lake George Schools, The Warner Bay Estate is a rare four-residence waterfront property designed for generations to gather, relax, and enjoy the lake.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2026 | Listed by Venture Fox Realty Group LLC | $4,200,000 | |
| Listed by Venture Fox Realty Group LLC | |||
| Jul 3, 2025 | Listed | $4,200,000 | |
| Listed | |||
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Lake George waterfront estate in the tranquil waters of Warner Bay! This rare .66-acre multi-home compound offers 112' of prime shoreline with a concrete seawall, L-shaped lot, crib dock for 5 boats, and a flat, grassy lakefront lawn. Enjoy an outdoor kitchen, firepit areas, ample parking, and a screened-in porch with panoramic lake views and breathtaking sunsets. Includes 2 year-round homes and 2 seasonal guest cottages - all renovated & with town-approved septic systems. Main house has 4-5 bedrooms, 3 full baths, walk-out lower level and sleeps 14+. Guest home is 2 bed/1 bath; 2 cottages are each 1 bed/1 bath. Sold turnkey. Ideal for luxury lakefront living, multi-generational use, or vacation rental income. Enjoy low Queensbury taxes, Lake George Schools on the Queen of American Lakes!
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| Oct 19, 2004 | Sold | ||
| Sold | |||
| Aug 17, 2004 | Listed by Venture Fox Realty Group LLC | $895,000 | |
| Listed by Venture Fox Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017