362 Arnold Lake RD Pending Save Request In-Person Tour Request Virtual Tour
Milford,NY 13807
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 3,170 sqft
Price per Sqft $471
MLS Listing ID R1606515
Style Cottage,Two Story
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1894
Annual Tax Amount $8,671
Lot Size 4.130 Acres
Acres 4.13
Lot Dimensions 350X145
Property Sub-Type Single Family Residence
Property Description
Direct lakefront on pristine Arnold Lake with 325 feet of shoreline and 4.13 acres of serene privacy, including two forested acres across the road with potential for future development. This rare lakefront compound offers a unique blend of character, comfort, and income opportunity in an area long cherished as a summer retreat.
The 4-bedroom main house is the last remaining original structure on the lake—one of the first two homes ever built here—originally known as Seven Geese and later Oak Shores. Rich in history and thoughtfully maintained and improved, the home offers beautiful lake views, white beam ceilings, a stone fireplace, year round enclosed porch/sunroom, formal dining room, a modern galley kitchen, laundry, and a newly renovated bathroom with walk-in shower.
Above the detached, oversized two car garage is a spacious, fully furnished loft apartment with expansive lake views and a strong seasonal rental history. Whether used for guests or as an income-producing short-term rental, it adds versatility and value to the property.
At the water's edge, a charming outbuilding once served as a small store and later a children's playhouse. Today, it functions as a shed but could easily be reimagined as a creative studio, lakeside bunkhouse, or retreat space. The land gently slopes to the lake, where two docks provide effortless access for swimming, boating, and fishing.
Included in the sale are both a ski boat and fishing boat—everything you need to begin enjoying lake life from day one. Located just 20 minutes from Cooperstown, with its world-class attractions, and 20 minutes from Oneonta, this is a rare opportunity to own a legacy property on one of the region's most sought-after lakes—ideal as a private retreat, investment property, or a bit of both. Year-round enjoyment in a timeless setting.
Location
State NY
County Otsego
Area Milford-364089
Body of Water Arnold Lake
Rooms
Main Level Bedrooms 1
First Level Kitchen
Interior
Interior Features Den,Separate/Formal Living Room,Galley Kitchen,Home Office,Partially Furnished,Storage,Main Level Primary,Workshop
Heating Gas,Forced Air
Cooling Window Unit(s)
Flooring Carpet,Hardwood,Laminate,Varies
Fireplaces Number 1
Furnishings Partially
Fireplace Yes
Window Features Storm Window(s),Thermal Windows
Appliance Dryer,Dishwasher,Electric Oven,Electric Range,Disposal,Propane Water Heater,Refrigerator,Washer
Laundry Main Level
Exterior
Exterior Feature Deck,Dock,Fence,Gravel Driveway,Patio,See Remarks,Propane Tank - Leased
Parking Features Detached
Garage Spaces 2.0
Fence Partial,Pet Fence
Utilities Available Electricity Connected,High Speed Internet Available
Waterfront Description Beach Access,Dock Access,Lake,Other,See Remarks
Roof Type Asphalt
Porch Covered,Deck,Patio,Porch
Garage Yes
Building
Lot Description Rectangular,Rectangular Lot,Wooded
Story 2
Foundation Other,Poured,See Remarks,Slab
Sewer Septic Tank
Water Well
Architectural Style Cottage,Two Story
Level or Stories Two
Additional Building Guest House,Shed(s),Storage,Garage Apartment
Structure Type Frame,Shake Siding
Construction Status Existing
Schools
School District Milford
Others
Senior Community No
Tax ID 363200-177-004-0002-022-000-0000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard