Saratoga Springs, NY 12866 · Saratoga County

This 10,240-square-foot residence on nearly 14.2 acres in Saratoga Springs is distinguished by its historic significance and expansive grounds. Built in 1929 and featuring nine bedrooms, eight bathrooms, a finished walk-out basement, fireplace, and a six-car garage, the main house sits on mature, tree-lined property with a pond and substantial privacy. The parcel comes with a special-use permit framework that allows for multiple commercial operations including bed and breakfast, inn, country club, micro-production facility, agricultural use, and educational purposes. Located on Ballston Avenue with strong visibility and accessibility, the property combines Saratoga's renowned cultural environment, downtown proximity, and the infrastructure to support diverse business ventures.
This one comes with a name people already know. 2255 Ballston Ave -- home to the longtime Villa Balsamo -- is one of those rare Saratoga opportunities where history, location, and potential all line up. Situated on expansive, park-like grounds in Saratoga Springs, this property carries a special use permit framework that unlocks a compelling range of commercial possibilities -- bed & breakfast, country club, inn, commercial horse stable, micro-production of alcohol, greenhouse and nursery, agricultural use, educational facility, and more. The setting does a lot of the heavy lifting. Mature trees, open green space, and a level of privacy that's hard to replicate this close to town -- paired with the kind of visibility and accessibility that a successful operation demands. There's infrastructure here already working in your favor, and a name that carries real recognition in this market. Whether you're looking to build upon its successful restaurant history or reimagine it into something entirely new, the presence and positioning of this offering stand apart in the Saratoga market. For the operator, investor, or visionary ready to take the reins -- this is the kind of platform that's genuinely hard to find.
The price signals we can read on this listing today. For a true sense of value against recent Saratoga Springs sales, Sharon will pull the comparable closings and walk you through them.
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The price signals we can read on this listing today. For a true sense of value against recent Saratoga Springs sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Saratoga County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Saratoga Springs is in Saratoga County, NY. There are currently 186 active listings here, ranging from $14,000 to $6,700,000. Listings in this address fall under the Saratoga Springs school district. Priced 204% above the Saratoga Springs median of $955,000.
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KW Platform · Listed by Scott P Varley (3552)
Contact: 518-281-6808
MLS #202623393 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Real numbers from current MLS data. Not a third-party estimate.





Activity across 4 MLS listings of this property.
Public assessment record for the Saratoga Springs, Outside roll · Saratoga Springs school district · Restaurants
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $1,250,128 | $3,086,700 | +17.3% |
| 2024 | $1,250,128 | $2,631,800 | +9.5% |
| 2023 | $1,250,128 | $2,404,092 | +5.8% |
| 2022 | $1,250,128 | $2,272,960 | +10.9% |
| 2021 | $1,250,128 | $2,049,390 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-18. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.