Times of India·3 min read·easy

Lake George compound bought for $2.4M in 2006 lists for $7.99M

T
TOI REAL ESTATE DESK
Lake George compound bought for $2.4M in 2006 lists for $7.99M
AI Summary

A luxury waterfront compound on Lake George, originally purchased for $2.4 million in 2006, has been listed for sale at $7.99 million. The property features a 6,000-square-foot home and extensive boating facilities.

Why it matters

The listing highlights the significant appreciation of high-end real estate in the Adirondack region over the last two decades.

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On Lake George, where Adirondack mountains rise around some of New York's clearest waters, a property built around the boating lifestyle is now looking for its next owner. The longtime Lake George compound belonging to George and Kathleen Badcock, owners of the historic Hacker-Craft motorboat brand, has been listed for $7.99 million, reports Mansion Global. The couple purchased the 1.37-acre property for $2.4 million in 2006, according to PropertyShark records, and transformed an empty lot into a substantial waterfront retreat. Two decades later, the property includes a roughly 6,000-square-foot home, 300 feet of shoreline and a three-bay boathouse. The property has an unusual history. The lot was once part of the grounds associated with a 42-room mansion, but when the Badcocks purchased it, the site was vacant. The couple, who had spent decades visiting Lake George, were drawn to its waterfront views and boating access.

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