CCertihomes
46736 Malara, Alexandria, NY 13640

$549,000

3 beds 3 baths 2,384 sqft Built 19870 days on marketActive

About this home

WATERFRONT TOWNHOME WITH DOCK SLIP ON THE ST. LAWRENCE RIVER! This stunning townhome on scenic Wellesley Island which is accessible by vehicle, offers over 2, 300 square feet of beautifully finished living space—and includes a brand new dock slip with direct access to the world-renowned St. Lawrence River. Step inside to soaring ceilings, abundant natural light, and breathtaking water views from nearly every room. The open-concept living and dining area is ideal for entertaining, with seamless sightlines into the kitchen through a charming pass-through window. The kitchen boasts rich solid wood cabinetry and a brand-new 2025 stainless steel gas cooktop and oven combination, microwave, dishwasher, and refrigerator. Upstairs, a spacious loft leads to the serene primary suite featuring a luxurious en-suite bath and private balcony—perfect for morning coffee or evening ship watching. Even better, this upper balcony provides a front-row seat to the breathtaking July 4th fireworks over Boldt Castle. You’ll also find a second bedroom and full bath on this level, plus a bright home office with its own water view. The fully finished lower level adds 700+ square feet of flexible space—perfect as a guest suite, second living room, or third bedroom—and features one of the home's two cozy wood-burning fireplaces. There's also a dedicated laundry room on this level, along with a walk-out deck that leads directly to your dock slip. This home includes two wood-burning fireplaces that can easily be converted to gas (one in the living room, one on the lower level), a brand-new furnace and central AC (2025), and a 1.5-stall garage with plenty of space for your vehicle and golf cart. With two balconies, a walk-out deck, and effortless access to island recreation, golf, dining, and boating, this property offers the ultimate in waterfront living—whether as a full-time residence or luxury seasonal escape. Call & book your private tour today!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$6,150/mo

Real estate (PITI + HOA + PMI)
$5,866
Principal + interest$3,523
Property tax + insurance$1,737
HOA$400
PMI / 2nd mortgage$206
Utilities
$1,603
Heating + cooling$655
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$6,150/mo TLC
Budget$6,650/mo
Remaining after TLC$500/mo
Purchase price
$549,000
Down payment
$27,450 (5%)
Loan amount
$521,550
APR
7.15%

Quick facts

Type
Condominium
Style
Year built
1987
Lot size
0.0995 ac
Stories
2
Heating
Propane, ForcedAir
Cooling
CentralAir
Water
Connected, Public
HOA
$400 / Monthly
Annual tax
$8,963
MLS #
S1622743
County
Jefferson

At a glance

Air conditioning
Fireplace
Basement
Garage (1)
Waterfront

Home features

Appliances
DishwasherElectricOvenElectricRangeElectricWaterHeaterGasCooktopMicrowaveRefrigerator
Interior
BreakfastBarSeparateFormalDiningRoomEntranceFoyerSeparateFormalLivingRoomHomeOfficeLivingDiningRoomPartiallyFurnishedSlidingGlassDoorsStorageSkylightsConvertibleBedroomBathInPrimaryBedroom
Exterior
BalconyDeckDockSeeRemarksPropaneTankLeased
Parking
AttachedGarageOtherSeeRemarksGarageDoorOpener
Flooring
Carpet, Tile, Varies
Roof
Asphalt, Shingle
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 13640

MetricThis ZIPCountyUSA
Population2,85719,351,094299,088,112
Population Change Since1990-4.00%8.00%20.00%
Population Density220395
Male1,3339,381,926147,432,321
Female1,5259,969,168151,655,844
Never Married4384,946,39163,775,926
Married1,3687,166,701123,120,365
Separated781,159,67312,639,686
Widowed3201,110,24515,467,586
Divorced2731,210,44823,075,029
Number Of House Hold1,2497,102,016111,826,380
Average House Hold Size2.242.642.60
Medial Age48.2436.5335.46
Median House Hold Income$37,884$49,847$48,276
Average House Hold Income$48,941$70,032$63,629
P C I$21,488$26,569$24,529
M D I$33,261$42,210$41,133
A T H E$43,140$54,185$50,898
S T R7.75%4.00%
W C J78.62%81.55%77.74%
(Zip) Code
13640

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

Map & walkability

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Listing information last refreshed 7/18/2025. Provided courtesy of Bridgeview Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.