Acreage, Waterfront, Garage
1.7 Acres, Pond, and 784 sq ft Garage in Jefferson — $110,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1.7 acres, pond, 28x28 garage, shed, solar equipment; waterfront and acreage floors apply |
| Condition | 25% | 4 | Sold as-is, fixer-upper language, no system dates, unknown condition throughout |
| Price / Sq Ft | 15% | 9 | $69/sqft listing vs $152/sqft zip median — 55% below; thin 4-comp data but directional signal is strong |
| Price vs. Market | 5% | 10 | $110K vs $299,870 median — 63% below; thin market, acreage/rural skew likely |
| Market Conditions | 5% | 7 | DOM 166 days, 39.6% price drops, 96.6% sale-to-list — clear buyer's market |
The pond is the first thing worth your attention. Sitting on 1.7 acres in Jefferson, New York, this property has its own private pond, a 28x28 attached garage, a shed, and some solar equipment already on site. At $69 per square foot against a zip median of $152, the gap is wide enough that even after a serious renovation budget, the math can still work in your favor.
The house is 1,600 square feet, three bedrooms, one bath, built in 1970. It is being sold as-is, no system dates provided, condition unknown throughout. That is the whole story on condition: you are buying blind on the mechanicals, and you need to go in with eyes open and a contractor in tow. The as-is language here is not a formality. Budget accordingly, because surprises are the baseline assumption.
What you are actually getting, beyond the house itself, is the land and the setup. 1.7 acres with a pond is a real thing in upstate New York, where waterfront of any kind adds value and usability. The garage alone is substantial. A 784 square foot attached garage gives you genuine working space, not just a place to park one car sideways. If you are someone who works on vehicles, builds things, or needs room to store equipment, that square footage is meaningful before you even walk inside the house.
The property has been sitting for 166 days, and the price has been cut. That is the market telling you something, mostly that the as-is condition scares off buyers who need move-in ready, which leaves the field open for someone who can handle a project.
At $110,000 for 1.7 acres with a pond and a serious garage, you are paying land and structure prices that would be hard to find anywhere close to this region at current medians. The house needs work, probably a lot of it. But the land, the water, and the garage are already there.
