c.1920 Hotel in Historic New York Village $75K
$75,000
Ahh, a historic hotel in a historic New York village. One of my favorite New York towns, too!
Our family often took Sunday drives to Sharon Springs, an historic spa village. Way back in the day, the town’s mineral springs were enjoyed as medical treatments during the summers by wealthy families from New York City, including the Vanderbilts. Between 1836 to 1860, large hotels were built in the village. We would explore the abandoned buildings, picnic on the grounds and gleefully hold our noses for the sulfur smell at Magnesia Temple. More recently, Sharon Springs is of Beekman Mansion fame. My husband and I actually toured it when it was in sad shape and considered buying it for a split second. The two men who purchased it a decade later did a fabulous restoration, which we could never have afforded.
We first featured the old hotel in 2022 when it was on the market for $99K. Currently the price is $75K. Photos from the 2022 listing are at the bottom half of the page.
Realtor Comments
Priced to sell. This 3 seasons former rooming house is located in the heart of the Historic Village of Sharon Springs. Offering 15 bedrooms, (9) 1/2 baths and (6) full baths with adjoining kitchenettes. Large common area leading to the covered front porch. A full renovation is needed to make this place shine again. No Centralized heating system. Property is being sold ”AS IS” Cash only
- 15bed
- 6.5+bath
- Circa 1920
124 Willow St, Sharon Springs, NY 13459 $75,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Rebecca Zarski
Pros of Living in Sharon Springs, NY
1. Affordable Cost of Living
Sharon Springs offers a lower cost of living compared to many parts of New York State. The median home price is approximately $184,800, and average monthly rent for a two-bedroom apartment is around $1,140, making it attractive for budget-conscious individuals and families
2. Rich Historical Character
The village boasts a significant historical heritage, with numerous 19th-century buildings and a past as a renowned mineral spa destination. The Sharon Springs Historic District includes notable structures like the American Hotel and the Roseboro Hotel
3. Strong Sense of Community
Residents often describe Sharon Springs as a friendly and welcoming place. Community events, such as the Harvest Festival and Victorian Festival, foster a close-knit atmosphere
4. Scenic Rural Setting
Nestled among rolling hills and valleys, the village offers picturesque landscapes and a tranquil environment, appealing to those seeking a peaceful lifestyle .
5. Proximity to Attractions
Sharon Springs is conveniently located near several attractions, including Howe Caverns, the Mohawk River, and Cooperstown, home to the National Baseball Hall of Fame
❌ Cons of Living in Sharon Springs, NY
1. Limited Employment Opportunities
The local economy is relatively small, with limited job prospects. Many residents may need to commute to nearby towns or cities for employment .
2. Higher Crime Rates
Crime rates in Sharon Springs are reported to be 32% higher than the national average, with violent crimes 48% higher, which may be a concern for potential residents, How that is possible, I don’t know, because it is a sleepy little town.
3. Limited Public Transportation
The village lacks a public transportation system, making personal vehicles essential for commuting and daily activities.
4. Aging Infrastructure
Some parts of the village may have aging infrastructure, and while efforts are being made to restore historic buildings, maintenance can be an ongoing challenge
5. Seasonal Weather Extremes
Residents experience all four seasons, with cold winters and hot summers. This seasonal variation may not appeal to everyone
2022 Listing Photos Below
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