5088 W Lake RD Mayville, NY 14757
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,286 sqft
Price per Sqft $221
MLS Listing ID R1721617
Construction Status Existing
HOA Y/N No
Year Built 1938
Annual Tax Amount $12,332
Lot Size 1.641 Acres
Acres 1.6414
Lot Dimensions 130X550
Property Description
The property includes two year-round homes and nine seasonal cottages, offering a combined 29 bedrooms and 14 full bathrooms. The current owners have made extensive improvements from 2024 through 2026, including updated interiors, exterior improvements, landscaping, expanded parking, upgraded Wi-Fi, and keyless entry. Additional amenities include an office building, guest laundry facilities, separate housekeeping laundry, recreation areas, and direct lake access.
Located approximately one mile from Chautauqua Institution and convenient to Mayville, the property is positioned near the many attractions that bring visitors to the area year after year. Furnishings, equipment, booking and management systems, and relationships with local service providers are already in place.
Whether you're looking to expand an existing hospitality portfolio or purchase your first vacation rental business, Irwin Bay Cottages offers something increasingly difficult to find: multiple income-producing accommodations, substantial lake frontage, and an operating business all in one offering.
Location
State NY
County Chautauqua
Area Chautauqua-062889
Zoning R-L
Body of Water Chautauqua Lake
Rooms
Basement Partial
Interior
Heating Electric, Gas, Baseboard, Central, Forced Air
Cooling Central Air
Inclusions Land, Building and Business
Fireplace No
Exterior
Utilities Available Sewer Connected
Waterfront Description Beach Access,Dock Access,Lake
View Y/N Yes
View Water
Roof Type Shingle
Total Parking Spaces 24
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Public Sewer
Level or Stories Two
Construction Status Existing
Schools
School District Chautauqua Lake
Others
Tax ID 062889-280-013-0001-006-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
GET MORE INFORMATION