3939 State Route 20, Richfield Springs NY 13439, Other, NY 13439

$1,175,000

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List Price
$1,175,000
Days on Market
106
MLS#
986738
Status
ACTIVE

Property Description

Welcome to 3939 US Route 20 in Richfield Springs—a rare and highly versatile property offering an established income-producing opportunity with endless future potential. Currently owner occupied residence operating as a successful restaurant, wedding venue, and Airbnb destination, this one-of-a-kind property seamlessly blends hospitality, charm, and functionality, making it ideal for an investor, entrepreneur, or visionary owner-user. From the moment you arrive, the property showcases its character and scale—featuring expansive indoor dining and event spaces, warm wood finishes, and inviting gathering areas anchored by two wood-burning fireplaces and two propane insert fireplaces, creating an unforgettable atmosphere for guests year-round. The layout easily accommodates large events, intimate dining experiences, or short-term rental stays, offering multiple revenue streams under one roof. Significant upgrades have already been completed, allowing the next owner to step in with confidence. The current owner has re-plumbed the entire property, refinished all flooring throughout, and recently installed a brand-new residential kitchen featuring custom cabinetry and quartz countertops—opening the door for a seamless conversion to a private residence if desired. The flexibility here is unmatched: continue operating as a thriving commercial venture, transition into a luxury residence, or create a hybrid live/work concept. The owner currently occupies the property as a residential home, further highlighting its comfort, functionality, and everyday livability. Upstairs and throughout the home, you’ll find spacious bedrooms, multiple living areas, and preserved architectural details that maintain the property’s original charm while incorporating modern updates for today’s lifestyle. Outside, a newly constructed barn/garage adds additional storage, utility, and future expansion possibilities. The grounds provide ample space for outdoor events, gatherings, and guest enjoyment. Strategically located along US Route 20 and just a few miles north of Cooperstown, this property benefits from strong visibility and accessibility while still offering a private, destination-style setting that keeps guests coming back. Please note: No closing to occur prior to 11/01/2026. This is more than a property—it’s a fully built experience, a proven business model, and a blank canvas for whatever vision comes next.

Additional Information

Year Built
1760
Stories
3
Total Taxes
5113
Heating
Baseboard, Forced Air, Propane, Wood
Basement
Partial
Water
Private
Sewer
Septic Tank
Taxes
$5,113

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brandon Mosher (RiverHillsBrandon@gmail.com) from Listing Office: River Hills Properties LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.