4983 State Highway 28, Cooperstown, NY 13326

$1,500,000
Active for Sale
10 Beds
8.5 Baths
5810 SF
 
Listing ID 11363531
Property Type House w/Accessory
County Otsego
Township Otsego
School COOPERSTOWN CENTRAL SCHOOL DISTRICT
Total Tax $11,613
Tax ID 146.00-2-17.01
FEMA Flood Map fema.gov/portal
Virtual Tour
INCOME-GENERATING INVESTMENT OPPORTUNITY - Prime Cooperstown Location on State Highway 28! Welcome to the Hope Mill property portfolio, a rare, fully operational, and highly successful investment opportunity in the heart of Cooperstown, NY. Set on approximately 5 scenic acres bordering picturesque Oaks Creek, this turnkey business includes three established and professionally managed rental homes, a heated in-ground saltwater pool, and an unmatched location between the Village of Cooperstown and Cooperstown Dreams Park. This rare multi-home compound consists of the historic stone Hope Mill House, the charming Hope Mill Cottage, and the spacious Hope Mill Ranch. Together, the properties are currently operating as highly successful short-term summer baseball rentals with strong demand and summer 2026 bookings already secured, generating over $140,000 in projected revenue. The established booking history and repeat rental demand highlight the strength and stability of this proven income-producing portfolio. In total, the three homes offer 10 bedrooms and 8.5 bathrooms, providing exceptional flexibility for large groups, tournament families, vacation rentals, and extended-stay guests. Each residence is thoughtfully positioned to offer privacy while still benefiting from shared access to the beautifully maintained grounds and resort-style heated saltwater pool. In addition to its strong summer performance, the property has a proven history of both short-term and long-term rentals, offering clear expansion potential for year-round income optimization. Opportunities exist to further increase revenue through extended seasonality, rate adjustments, and additional use strategies, making this a scalable hospitality investment. Ideally located just 3.2 miles from the Village of Cooperstown, the property provides convenient access to the National Baseball Hall of Fame, Bassett Medical Center, shopping, dining, breweries, and all local attractions. Cooperstown Dreams Park is only minutes away, making this one of the most desirable rental locations for baseball families and tournament visitors. The property also sits directly on the public bus line, offering easy transportation to both Cooperstown and Oneonta. Whether you are seeking a fully operational income-producing business, a rare multi-home compound investment, or a legacy property with strong upside potential, the opportunities here are exceptional. Schedule your private showing today!
Property Details
  • 10 Total Bedrooms
  • 8 Full Baths
  • 1 Half Bath
  • 5810 SF (AG)
  • 5.00 Acres
  • 2 Stories
  • Available 5/24/2026
  • Renovation: Renovations done to the homes in 2012-2015.
Interior Features
  • Oven/Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Washer
  • Dryer
  • Appliance Hot Water Heater
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Laminate Flooring
  • Stone Flooring
  • Furnished
  • 28 Rooms
  • Entry Foyer
  • Living Room
  • Dining Room
  • Family Room
  • Formal Room
  • Den/Office
  • Study
  • Primary Bedroom
  • en Suite Bathroom
  • Walk-in Closet
  • Great Room
  • Kitchen
  • Breakfast
  • Laundry
  • Private Guestroom
  • First Floor Primary Bedroom
  • First Floor Bathroom
  • 1 Fireplace
  • Baseboard
  • Hot Water
  • Forced Air
  • Electric Fuel
  • Oil Fuel
  • Central A/C
  • 200 Amps
Exterior Features
  • Post and Beam Construction
  • Vinyl Siding
  • Wood Siding
  • Stone Siding
  • Asphalt Shingles Roof
  • Private Well Water
  • Private Septic
  • Pool: In Ground, Heated, Salt Water, Fencing
  • Deck
  • Patio
  • Open Porch
  • Driveway
  • Survey
  • Trees
  • Utilities
  • Shed
  • Pool House
  • Outbuilding
  • Street View
  • Wooded View
  • Scenic View
  • Creek Waterfront
  • Near Bus
Taxes and Fees
  • $8,281 School Tax
  • $3,332 County Tax
  • $11,613 Total Tax
  • Tax Year 2025
Listed By
Stack-Page Properties
Office: 607-547-6177
Mobile: 607-434-8851
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