8 Marion St #LD N, Lily Dale, NY 14752

Description

Lily Dale is a unique, gated community with strict rules. You must be a member in good standing of the Spiritualist religion, and property is handled through leaseholds rather than traditional land ownership. Housing and Rules:
No Land Ownership: You cannot actually buy and own the land under a home. Instead, you buy a leasehold that gives you the right to live on the property for a set number of years.
Cash Only: Mortgages are not allowed inside the community, meaning you must buy your home outright with cash. Even without land ownership, you still have to pay property taxes.
Religious Requirement: You must be a member in "good standing" of a recognized Spiritualist church and go through an application process with the Lily Dale Assembly board of directors. Community Life:
Small Population: Only around 250 to 275 people live there year-round, though thousands of visitors arrive during the summer program season. Lily Dale is considered to be the 'Psychic Capital Of The World'.
The lease fee to the 'Lily Dale Assembly' is currently $1143/year. This 4 bedroom home has a fantastic layout and is ever so welcoming!! 2 bedrooms and a full bath on first floor, 2 more bedrooms and a full bath on 2nd floor as well. Huge walk-in closets are amazingly everywhere. The large living room has a wood burning fireplace and A/C. There is a Mitsubishi mini-split A/C on the 2nd floor to cool the bedrooms upstairs as well! Living in Lily Dale gives you the ability to use the beach and stroll the lovely waterfront, which you can see from the balcony of the upper back bedroom in this home! The basement is partially finished with recreation room that has tiled floor, another 1/2 bath, brick fireplace, mini kitchen, laundry and utility/workshop room and glass block windows. Attached garage with overhead door opener, blacktop driveway. This unique Lily Dale home that is teeming with character and warmth can be lived in for summer use during the Lily Dale Program Event season or year round as it is heated with a Lennox Elite Series forced air furnace. Steel roof, blown-in insulation, high speed internet available. your journey awaits!