Unique Property with Endless Possibilities in Panama! Formerly known as Our Lady of the Snows Church, this distinctive property offers approximately 5,300 square feet of space on a half-acre lot, presenting an exciting opportunity for investors, entrepreneurs, or anyone looking to create something truly special. Featuring both a main level and a lower level, an elevator for convenient access between floors, kitchen area and three half-baths, this property offers flexibility and space to bring your vision to life. Envision a community center, event venue, business location, office space, home or explore countless other possibilities. Opportunities like this don't come along every day! Bring your vision, explore the potential, and make this unique property your next investment. Discover the possibilities for yourself!
18 ACRES OF PRIVACY, SPACE & COUNTRY LIVING! Welcome to 5101 Madden Road, where comfortable living meets the freedom of 18 beautiful acres in the country. This well-maintained 3-bedroom, 2½-bath home offers a finished lower level and incredible outdoor spaces. Step inside through the impressive high-ceiling entry with exposed beams and you’ll immediately notice the warmth and character of this home. The kitchen features stainless appliances and a beautiful walnut island, while the primary suite offers a walk-in shower, soaking tub and spacious walk-in closet. The finished lower level adds valuable living space with an additional bedroom, newly updated spa type bathroom. With a walk out double door and the French drains which have been installed behind the basement walls, this level offers endless possibilities. Energy efficiency is a major bonus here, with a geothermal heating and cooling system and air-source heat-pump water heater installed in 2025, plus solar and a Tesla backup battery installed in 2026. The home also offers multiple supplemental heat sources, including two propane fireplaces and a pellet stove. And then there’s the outdoor living! A remarkable approximately 750-square-foot covered deck provides plenty of room for entertaining and relaxing. A stone patio, fire pit and raised garden beds create even more opportunities to enjoy the outdoors. The property includes a two-story studio building with electric and water/septic lines in place, offering tremendous potential for a studio, workshop, guest space or future conversion. For those looking for land, privacy and outdoor recreation, the 18 acres have been managed for wildlife and currently include multiple food plots. The property features a mix of timber and open areas, with mature landscaping and plenty of room to garden, explore and enjoy nature. If you’ve been looking for more than just a house—if you’re looking for room to breathe, room to garden, room to entertain and room to make the property your own—this could be the one.
Great Getaway Opportunity — 28.9 Acres & Two Cabins! Escape the hustle and bustle and enjoy your own private retreat on 28.9 beautiful acres. This property features two cabins, offering incredible potential. The main cabin is move-in ready and in very good condition, with all the comforts and amenities of home. The second cabin needs some rehabilitation but is salvageable and full of potential perfect for a guest cabin, family retreat, hunting camp, or additional living space. Enjoy privacy, peaceful surroundings, and trails throughout the property. The property sits back from the road, creating a secluded atmosphere where you can truly relax and enjoy nature. 28.9 acres. Two cabins. Second cabin ready for rehabilitation. Main cabin move-in ready. rails throughout the property. Secluded and private setting. Potential timber value in approximately 10 years. Whether you're looking for a weekend getaway, hunting retreat, family escape, or a place to enjoy summer and winter, this property offers space, privacy, and possibilities. Come take a look and discover the potential of this unique getaway.
Brand new three-bedroom home on a full acre in the country. This newly constructed home is move-in ready; the finishing touches were recently completed. The main floor has an open floor plan with durable and attractive vinyl flooring, recessed lighting throughout, and radiant floor heating. The eat-in kitchen has abundant storage with brand-new cabinetry and solid-surface counters. The kitchen has a door to the backyard, which would make adding a deck to the back of the house in the future easier. The living room has a beautiful bay window and a ceiling fan. The main floor also has a full bathroom and laundry hook-ups. Upstairs, there are three large bedrooms and an additional half-bath. The primary bedroom has an en-suite bath and a clerestory window to bring in the natural light. The home has a covered front porch to enjoy the temperate evenings, and an attached 2-car garage. The basement is a wide open space with 2 egress windows, so you could add a bedroom or two down there. That space would also make a nice family room or just a storage area. The property includes a barn, which can be used to store your lawn care equipment.

Panama is located in New York. Panama, New York has a population of 439. Panama is more family-centric than the surrounding county with 25.22% of the households containing married families with children. The county average for households married with children is 24.43%.
The median household income in Panama, New York is $53,125. The median household income for the surrounding county is $50,408 compared to the national median of $69,021. The median age of people living in Panama is 42.5 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 47.3 inches per year, with 162.6 inches of snow per year.