CCertihomes
196 Wellington Lane, Springfield, NY 13326

$3,950,000

5 beds 6 baths 6,168 sqft Built 199099 days on marketActive

About this home

The beauty of Otsego Lake is calling with this rare find - a grand Arts and Crafts style home with guest apartment set on 14.88 private acres and close to 500 feet of breathtaking lake frontage. Every room in the home has been carefully positioned to take in sweeping views of this pristine glacial lake known for its 'Glimmerglass' appearance and surrounding rolling hills. The first floor of the main house is a host's dream with spacious, sunny rooms that flow easily and invite you in. The generous dining room opens up to one of the centerpieces of the home - the sunny living room with its cathedral ceilings, large stone fireplace and tall windows. The chef's kitchen will certainly become the hub of the home with marble counters, a walk-in pantry, Wolf induction range and refrigerator, and the adjoining catering kitchen. For a cozy evening, head down to the study which offers its own stone fireplace. The second floor feels spacious and comfortable with its three bedrooms, two baths and laundry room. The generous primary suite has room for a king bed, sitting area and includes a walk-in closet and ensuite bath. Up to the third floor and you'll find two more bedrooms with a lavish bath. This home has been lovingly updated with renovations by a high-end local contractor that include creating a new kitchen, updates to all bathrooms, Restoration Hardware fixtures, finishing the third floor bedrooms, adding a new boiler, Marvin windows, hardwood floors, outdoor terrace, hot tub, gas fire pit, Tesla car chargers, and replacing the septic system. There is also a two car garage with a sweet and stylish one bedroom/one bathroom apartment. While nearby Cooperstown is known for the Baseball Hall of Fame, there is so much more this picturesque upstate town has to offer. For arts and culture, check out the world-class offerings at Glimmerglass Opera as well as the Farmers Museum and Fenimore Art Museum. Dine at the historic Otesaga Resort Hotel or local favorite Origins Cafe. You are also under an hour and a half from both Syracuse, Albany, and Windham Ski Club and three hours and twenty minutes to the GWB in NYC.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$26,233/mo

Real estate (PITI + HOA + PMI)
$25,931
Principal + interest$17,915
Property tax + insurance$6,535
PMI / 2nd mortgage$1,481
Utilities
$3,383
Heating + cooling$1,542
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$26,233/mo TLC
Budget$26,733/mo
Remaining after TLC$500/mo
Purchase price
$3,950,000
Down payment
$197,500 (5%)
Loan amount
$3,752,500
APR
4%

Quick facts

Type
SingleFamilyResidence
Style
Other, SeeRemarks
Year built
1990
Lot size
14.88 ac
Stories
3
Heating
Propane, Baseboard, Radiant
Cooling
Water
Lake, River
HOA
Annual tax
$33,117
MLS #
R1594024
County
Otsego

At a glance

Fireplace
Basement
Garage (2)
Waterfront

Home features

Appliances
DryerDishwasherElectricWaterHeaterDisposalMicrowaveRefrigeratorSeeRemarksWasher
Interior
AtticCeilingFansCathedralCeilingsDenEntranceFoyerHomeOfficeSecondKitchenSkylightsWalkInPantryBathInPrimaryBedroom
Exterior
DockGravelDrivewayHotTubSpaPatioSeeRemarksPropaneTankLeased
Parking
DetachedGarageOther
Flooring
Carpet, Hardwood, Tile, Varies
Roof
Shingle
Sewer
SepticTank

Lot features

AdjacentToPublicLand, IrregularLot

Neighborhood — 13326

MetricThis ZIPCountyUSA
Population3,81019,351,094299,088,112
Population Change Since1990-5.00%8.00%20.00%
Population Density36395
Male1,7999,381,926147,432,321
Female2,0119,969,168151,655,844
Never Married7654,946,39163,775,926
Married1,6347,166,701123,120,365
Separated2081,159,67312,639,686
Widowed3161,110,24515,467,586
Divorced3221,210,44823,075,029
Number Of House Hold1,5277,102,016111,826,380
Average House Hold Size2.382.642.60
Medial Age43.4736.5335.46
Median House Hold Income$40,416$49,847$48,276
Average House Hold Income$59,358$70,032$63,629
P C I$25,254$26,569$24,529
M D I$35,279$42,210$41,133
A T H E$49,029$54,185$50,898
S T R8.00%4.00%
W C J84.71%81.55%77.74%
(Zip) Code
13326

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/19/2025. Provided courtesy of COMPASS Greater NY LLC via Buffalo MLS. Information deemed reliable but not guaranteed.