362 Arnold Lake Road
Milford, NY 13807
- 5 beds
- 2 baths
- 3,170 sqft
- ~4 acre lot
- $471 per sqft
- 1894 build
- – on site
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.
Last checked:
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Last updated May 16, 2025
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MLS# R1606515 —
The Building
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Year Built:1894
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Year Built Details:Existing
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Builder Model:Lakeside
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Construction Materials:Frame,ShakeSiding
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Architectural Style:Cottage,TwoStory
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Roof:Asphalt
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Foundation Details:Other,Poured,SeeRemarks,Slab
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Exterior Features:Deck,Dock,Fence,GravelDriveway,Patio,SeeRemarks,PropaneTankLeased
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Window Features:StormWindows,ThermalWindows
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Patio And Porch Features:Covered,Deck,Patio,Porch
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Levels:Two
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Building Area Total:3170.0
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Building Area Source:Other
Interior
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Rooms Total:11
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Furnished:Partially
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Interior Features:Den,SeparateFormalLivingRoom,GalleyKitchen,HomeOffice,PartiallyFurnished,Storage,MainLevelPrimary,Workshop
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Flooring:Carpet,Hardwood,Laminate,Varies
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Fireplace:true
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Fireplaces Total:1
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Laundry Features:MainLevel
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Stories:2
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Stories Total:2
Room Dimensions
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Living Area:3,170 Sqft
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Parcel Number:363200-177-004-0002-022-000-0000
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Lot Features:Rectangular,RectangularLot,Wooded
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Lot Size Dimensions:350X145
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Lot Size Acres:4.13
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Lot Size SqFt:156816.0
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Lot Size Area:4.13
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Lot Size Units:Acres
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Frontage Length:325
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Waterfront:false
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Waterfront Features:BeachAccess,DockAccess,Lake,Other,SeeRemarks
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Water Body Name:Arnold Lake
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Other Structures:GuestHouse,Sheds,Storage,GarageApartment
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Fencing:Partial,PetFence
Listing Agent
- Contact info:
- Agent phone:
- (518) 857-6396
- Office phone:
- (518) 580-8500
Taxes
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Tax Lot:22
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Tax Annual Amount:8671.0
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Tax Assessed Value:400000
Beds
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Bedrooms Total:5
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Main Level Bedrooms:1
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1
Heating & Cooling
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Heating:Gas,ForcedAir
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:ElectricityConnected,HighSpeedInternetAvailable
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Electric:CircuitBreakers
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Sewer:SepticTank
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Water Source:Well
Appliances
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Appliances:Dryer,Dishwasher,ElectricOven,ElectricRange,Disposal,PropaneWaterHeater,Refrigerator,Washer
Schools
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Elementary School District:Milford
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Middle Or Junior School District:Milford
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High School District:Milford
The Community
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Senior Community:false
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:false
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Parking Features:Detached,Garage,HeatedGarage,Storage,WorkshopInGarage,WaterAvailable,GarageDoorOpener
Monthly cost estimate

Asking price
$1,496,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,010
|
Taxes | $722 |
Insurance | $411 |
Utilities | $288 See report |
Total | $9,431/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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5/14/25
May 14, 2025
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Listed / Active | NYSAMLS | $1,496,000 | |
5/7/25
May 7, 2025
|
Delisted / Withdrawn | GLOBAL_MLS | ||
2/7/25
Feb 7, 2025
|
Listed / Active | GLOBAL_MLS |