Victorian Restoration Opportunity with Original Details in New York

A true diamond in the rough, this circa-1880 Victorian home offers a rare chance for a skilled and imaginative buyer to complete a restoration already underway. Rich in original architectural detail, the home retains much of its historic fabric, with select elements carefully removed, preserved, and ready to be reinstalled as renovations progress. From cast-iron heating grates and original door hinges to inlaid hardwood floors, the craftsmanship of the late 19th century is evident throughout.

This property stands as a testament to its era, featuring the authentic structure of true 2×4 framing, now visible in areas brought down to the studs. Several rooms have already been refreshed, including the installation of new windows, while others await your vision to bring them back to their original elegance. The home is currently occupied by the seller, who began the restoration with passion and care before life redirected their plans—creating an opportunity for a new owner to continue and complete the transformation.

At just $138,000, this 2,194-square-foot estate offers a rare entry point into the lucrative “fixer-upper” market, where the heavy lifting of mechanical upgrades has already begun.

Property Investment Profile

Price: $138,000 (Approx. $63/sq. ft.)
Living Area: 2,194 sq. ft.
Bedrooms: 3
Bathrooms: 2
Year Built: 1880
Lot Size: 0.30 Acres

The Head Start: Major Systems Already Upgraded

The biggest challenge in restoring a Victorian is the hidden costs of infrastructure. This property stands out because the current owners have already tackled the most expensive “behind-the-wall” projects:

New Septic System: Installed and ready for years of service.
Electrical & Plumbing: Significant upgrades have been completed throughout the structure.
Partial New Roof: Vital protection is already in place to preserve the interior.
Structural Integrity: Some rooms are stripped to the original raw studs, revealing the “hardy true 2×4” timber framing that defines the strength of 1880s construction.

Architectural Treasures Preserved

For the true old-home enthusiast, the value of this house lies in the details that cannot be bought in a modern hardware store. The owners have carefully saved and labeled original components for the next steward:

Inlaid Hardwood Floors: Intricate wood patterns that serve as a testament to Gilded Age luxury.
Original Woodwork: Historic trim and molding remain throughout; pieces removed for renovation have been carefully saved and are included with the sale.
Period Hardware: From cast-iron heating grates to original hinges, the “jewelry” of the home is ready to be polished and reinstalled.
New Windows: Select rooms have already been fitted with new windows, blending energy efficiency with the home’s classic silhouette.

Versatile Potential: Single-Family or Multi-Unit?

Given the 2,194-square-foot footprint and the generous room sizes, this property offers multiple pathways to a high return on investment (ROI):

Grand Victorian Estate: Complete the restoration as a sprawling single-family home with massive appreciation potential.
Multi-Unit Conversion: The structure’s layout is ideal for conversion into a multi-family dwelling, providing steady cash flow in a region with high demand for quality rentals.
The “Live-Work” Canvas: Large rooms provide the perfect setting for a home-based business, studio, or artisan workshop.

Location: The Heart of Davenport, NY

Situated on State Highway 23, the property offers excellent visibility for a home-based business while remaining nestled in the beautiful landscapes of Delaware County:

Outdoor Recreation: Close to the Susquehanna River and world-class hiking and fishing.
Proximity: A short drive to Oneonta for shopping, dining, and higher education (SUNY Oneonta & Hartwick College).
Catskill Access: Perfectly positioned for those who want a gateway to the Western Catskills at an affordable price point.

Investment Summary

At $138,000, 15831 State Highway 23 is more than a house; it is a financial opportunity. The owner’s change in direction is your gain—come with your tools and your vision to bring this 1880 beauty back to her original glory.