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Lake George compound bought for $2.4M in 2006 lists for $7.99M

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TOI Real Estate Desk. (2026, September 6). Lake George compound bought for $2.4M in 2006 lists for $7.99M. Times of India. https://timesofindia.indiatimes.com/real-estate/news/in-2006-a-couple-paid-2-4-million-for-a-lake-george-lot-once-tied-to-a-42-room-mansion-20-years-later-their-6000-sq-ft-compound-with-300-feet-of-shoreline-is-asking-7-99-million/articleshow/133835434.cms

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Times of India · collected 2026-09-06 · by TOI Real Estate Desk

Quick Summary

The historic Hacker-Craft motorboat brand owners George and Kathleen Badcock are selling their 1.37-acre Lake George compound for $7.99 million after purchasing it in 2006 for $2.4 million. The property features a 6,000-square-foot home with five bedrooms, four full bathrooms, six fireplaces, and a three-bay boathouse that can accommodate boats up to 35 feet long. The Badcocks transformed the vacant lot into a waterfront retreat designed around their love of boating, and its unique construction and features make it a rare asset on Lake George. The sale is notable not just for the price, but also for the opportunity to own a piece of Hackercraft history.
Written by AI on 2026-09-06, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

George Badcock, owner of Hacker-Craft motorboat brand, has listed his Lake George compound for sale at $7.99 million. The property was originally purchased by the Badcocks in 2006 for $2.4 million and has since been transformed into a substantial waterfront retreat, featuring a 6,000-square-foot home, 300 feet of shoreline, and a three-bay boathouse. The couple, who had spent decades visiting Lake George, built the residence to showcase the lake's beauty and provide easy access to boating. The property has an unusual history, having been part of the grounds for a 42-room mansion that once stood on the site.

Written for “Lake George Compound Sale Price Spike” on 2026-11-01, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Lake George Compound Sale Price Spike
Entertainment · 1 article(s) covering the same event.

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Claims extracted
29
sentences that state something as happening or true
Uncertain
7%
2 of 29 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
59/100
Times of India's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Entertainment
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-06 · how these are computed

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Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Times of India · 3834 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

TOI Real Estate Desk
123 article(s) here · 1 carrying a prediction
🔮 Other headline-making sales include British singer Robbie Williams’ Beverly Hills-area estate, which rapper Drake acquired in 2022 for a reported price in the mid-$70 million range, according to the Los Angeles Times.
🔮 Every New Yorker you meet will tell you how much they dream of owning a home in the city.
🔮 Furnishings and artworks were not included in the original asking price, although they could be negotiated separately.
🔮 Beyonce's mother on the family home For Beyonce's mother, Tina Knowles, the property was a place where the family could spend time together.
🔮 Aguilera told Realtor.com that clouds moving in from the coast could settle below the property, creating the impression of a blanket of fog resembling a waterfall.
🔮 Why Golden Beach could complement Jeff Bezos’ Indian Creek property portfolio If Bezos is confirmed as the buyer, the Golden Beach estate would add to his reported $234 million real estate portfolio on Indian Creek Island, a highly secured enclave favoured by some of the world’s wealthiest residents.
🔮 Each owner has added a chapter to its story, and the next buyer will inherit that history along with the wood, concrete and glass!
🔮 The $5.65 million sale price may look like a win because it was $2.25 million more than she paid.
🔮 The barn had a loft that could be converted into a one-bedroom apartment.
🔮 During the pandemic, he watched his wife’s five-year-old daughter kicking gravel around the yard and worried that a stone could break a window.
Wire or desk byline, not an individual reporter.
Also by TOI Real Estate Desk
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 123 articles by TOI Real Estate Desk →

Topics

Chris-Crafts Hacker-Craft Mansion Global New York's PropertyShark

Subjects

Badcocks PERSON · 4× Hacker-Craft ORG · 3× Mansion Global ORG · 3× Detroit GPE · 1× George PERSON · 1× John L. Hacker PERSON · 1× Kathleen Badcock PERSON · 1× New York's GPE · 1× PropertyShark ORG · 1× The Hacker Boat Co. ORG · 1×

Narrative

After spending roughly 42 years coming to Lake George, they plan to build or renovate a smaller home on the lake once the current property sells Their decision brings a rare Lake George offering to the market: a private waterfront compound combining extensive shoreline, a substantial residence and a historic-style boathouse.
framing: assertive · carried by 1 article(s) · first seen 2026-09-06
🔮 For owners whose lives revolve around boats, the property's three-bay boathouse could be its biggest attraction.
2026-09-06 · Times of India
Lake George compound bought for $2.4M in 2006 lists for $7.99M · assertive framing

Claims (29 extracted, 2 hedged)

On Lake George, where Adirondack mountains rise around some of New York's clearest waters, a property built around the boating lifestyle is now looking for its next owner. asserted
property → rise → owner
The longtime Lake George compound belonging to George and Kathleen Badcock, owners of the historic Hacker-Craft motorboat brand, has been listed for $7.99 million, reports Mansion Global. asserted
Global → belong → million
The couple purchased the 1.37-acre property for $2.4 million in 2006, according to PropertyShark records, and transformed an empty lot into a substantial waterfront retreat. uncertain
couple → purchase → retreat
Two decades later, the property includes a roughly 6,000-square-foot home, 300 feet of shoreline and a three-bay boathouse. asserted
property → include → shoreline
The property has an unusual history. asserted
property → have → history
The lot was once part of the grounds associated with a 42-room mansion, but when the Badcocks purchased it, the site was vacant. asserted
site → associate → it
The couple, who had spent decades visiting Lake George, were drawn to its waterfront views and boating access. asserted
who → spend → views
They built a residence designed to make the lake the centerpiece of daily life. asserted
lake → build → life
The result is a five-bedroom home with four full bathrooms and two half baths, along with six fireplaces and multiple spaces designed for entertaining. asserted
result → design → entertaining
Large expanses of glass bring views of the water into the main living areas, while expansive decks extend the home's living space outdoors. asserted
decks → bring → space
A house designed around the lake The great room serves as the central gathering space, featuring high ceilings and a stone fireplace. asserted
room → design → ceilings
It connects with the dining area, wet bar and gourmet kitchen, creating an open entertaining area facing the lake. asserted
It → connect → lake
The first-floor primary suite includes its own fireplace, a spa-style bathroom and direct access to the waterfront. asserted
suite → include → waterfront
Additional features include an executive office, a lower-level family room with a fireplace, another wet bar, a screened lakeside porch and a guest suite, adds Mansion Global report. asserted
report → include → fireplace
An attached three-car garage adds another unusual feature: living accommodations on the upper level, it adds. asserted
it → add → level
For owners whose lives revolve around boats, the property's three-bay boathouse could be its biggest attraction. uncertain
boathouse → revolve → boats
The structure can accommodate boats up to 35 feet long and includes lifts and a sundeck. asserted
structure → accommodate → lifts
It currently houses three classic wooden boats belonging to the Badcocks: a 1925 Hacker-Craft and two Chris-Crafts dating to 1929 and 1954. asserted
It → house → 1929
The boathouse is particularly notable because similar construction would not be permitted under current regulations, making the existing structure a rare asset on Lake George. asserted
structure → permit → George
The property reflects the Badcocks' connection to classic boating. asserted
property → reflect → boating
They acquired The Hacker Boat Co. in 2011, becoming owners of Hacker-Craft, a brand associated with handcrafted mahogany motorboats. asserted
They → acquire → motorboats
Founded in Detroit in 1908 by John L. Hacker, the company later moved to New York state. asserted
company → found → state
During World War II, it also redesigned rescue boats for the Army Air Force. asserted
it → redesign → Force
Hacker-Craft boats can require thousands of hours to complete and have appeared in campaigns for brands including Tommy Hilfiger, Nautica, Marks & Spencer and Tommy Bahama. asserted
boats → require → Hilfiger
The Badcocks' daughter, Erin, serves as the company's chief operating officer. asserted
daughter → serve → officer
Downsizing after decades on Lake George The couple, both 77, are now preparing for a change. asserted
couple → downsize → change
After spending roughly 42 years coming to Lake George, they plan to build or renovate a smaller home on the lake once the current property sells Their decision brings a rare Lake George offering to the market: a private waterfront compound combining extensive shoreline, a substantial residence and a historic-style boathouse. asserted
decision → spend → shoreline
For prospective buyers, the $7.99 million property offers more than a luxury home. asserted
property → offer → home
It is a carefully built retreat centered on one of the Adirondacks' defining attractions — life on the water. asserted
It → build → water
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