1 Rainbow Way, Malta, NY 12020, Malta

$ 998,000
1 Rainbow Way, Malta, NY 12020,

Overview

  • Updated On:
  • August 3, 2026
  • 1177474
  • Property ID
  • 5
  • Bedrooms
  • 20
  • Rooms
  • 4
  • Bathrooms
  • 3,450 ft2
  • Property Size

Description

Acreage, privacy, tranquility and sophistication galore! Constructed, remodeled, and lovingly cared for by the same family, this one-owner estate offers 5 bedrooms, 6 baths, and exceptional versatility throughout. The heart of the home is a stunning chef’s kitchen featuring top-of-the-line Sub-Zero and Thermador appliances, a massive center island with bar seating, custom decorative ceiling, statement lighting, brick accents, and double wall ovens to create an impressive yet functional space, filled with natural light from oversized windows and doors. The spacious first floor also includes a grand family room with vaulted ceilings and a full masonry wood-burning fireplace, an elegant sitting room with hardwood floors and gas stove, formal dining room, executive office, parlor/piano room, junior primary suite, and an additional bedroom. Upstairs, the luxurious primary suite offers a private balcony overlooking the 20×40 kidney-shaped inground pool and serene backyard; your own nature-filled retreat. The finished lower level features a gym, craft room, game room, powder room, ample storage, and separate entrance (in-law headquarters potential.) The outstanding detached outbuilding, currently used as a workshop, offering 1,334 sq ft on the first floor (12’4” ceilings) plus 450 sq ft of second-floor storage (7′ ceilings). Equipped with three 10′ x 9′ overhead doors, radiant heated floors, separate gas, hot water boiler, and half bath, with most of the metal storage shelving possible to be included. Additional highlights include an attached 2-car garage, spacious mudroom. The pool is scheduled to open by the end of May. Ideally located near Saratoga Lake public marinas, waterfront dining, just 6 miles to downtown Saratoga Springs, and minutes to Saratoga Race Course. Shed, chicken coop, marble bench and 1 cabinet in the garage are excluded. The remaining items could be negotiable.

Address: 1 Rainbow Way, Malta, NY 12020
City:
State/County:
Zip: 12020
Country: United States

Property Id: 1177474
Price: $ 998,000
Property Size: 3,450 ft2
Property Lot Size: 2 ft2
Rooms: 20
Bedrooms: 5
Bathrooms: 4
Listed By: Vera V Cohen
Listing Agent Email: vcohen@veracohenrealty.com
Listing Agent Phone: 518-859-8117
Listing Brokerage: Vera Cohen Realty, LLC

Outdoor Details
Garage Attached
Other Features
Built-in Features
Cathedral Ceiling(s)
Central Vacuum
Ceramic Tile Bath
Chair Rail
Crown Molding
Dishwasher
Double Oven
Eat-in Kitchen
Has Cooling System
Has Fireplace
Has Garage
Has Heating System
High Speed Internet
Kitchen Island
Lighting
Paddle Fan
Solid Surface Counters
Tray Ceiling(s)
Vaulted Ceiling(s)
Walk-In Closet(s)
Washer/Dryer

$ 5,116.94
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,869.44

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