Property Description

Discover a rare Finger Lakes hospitality investment that combines the charm of lakefront living with the income potential of an established seasonal lodging business. Admiral Peabody's is a beloved lakeside retreat featuring six individual cottages and a main residence situated along the picturesque western shore of Seneca Lake. Ideally located at 3305 Salt Point Road, a quiet dead-end street less than one mile from downtown Watkins Glen, the property enjoys close proximity to many of the region's top attractions, including Watkins Glen State Park, renowned wineries, and Watkins Glen International Raceway, located less than six miles away. Current lodging options include: One 3-bedroom, 1.5-bath main house Two 1-bedroom cottages One 1-bedroom cottage One Duplex with 1 bedroom in each Each accommodation offers its own unique charm, with most featuring full kitchens, private decks, comfortable outdoor furniture, gas grills, and beautiful views of Seneca Lake. Guests return year after year to enjoy the relaxed atmosphere, fresh Finger Lakes air, crystal-clear water, and dog-friendly setting. The waterfront is the crown jewel of the property, featuring more than 200 feet of lake frontage, two substantial docks, and endless opportunities for boating, fishing, swimming, and lakeside relaxation. A spacious grassy common area and communal fire pit provide the perfect gathering space for guests to create lasting memories. Additional features include: Public water and sewer Linens, towels, coffee makers, microwaves, refrigerators, and hair dryers in all units Full kitchens with cookware, dishes, and utensils in larger accommodations Individual air-conditioning units Approximately 10 off-street parking spaces Manager's office Laundry facility with three stackable washer/dryer units for efficient unit turnover Currently operated primarily through its website and a loyal base of repeat guests, the business offers significant upside potential through modernized booking platforms, enhanced marketing, dynamic pricing strategies, and expanded online presence. Seller financing is available and is open for discussion.

Property Features

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