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About the Listing RHILLS - 348168
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 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.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full / 3 Half
- Appliances:
- Air Cond: Ductless,Wall/Window Unit(s)
- Heating: Baseboard,Forced Air,Oil,Propane,Wood
- Fireplaces: 3, Wood Burning
- Floor: Ceramic Tile,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partial
- Other: Entrance Foyer,Marble Counters,Open Kitchen
- Water: Private
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Septic Tank
- Parking Features: Parking Lot
Financial Details
- Tax Amount: $5,113
- Taxes w/Assessments: N/A
- Tax/Property ID: 139.4-1-62
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3939 State Route 20, Richfield Springs Ny Other, NY 13439
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