Tear it Down! Barstool CEO has Big Plans for $1.5M Saratoga Home

Barstool Sports CEO, Dave Portnoy

It's no secret how much Dave Portnoy, the President and CEO of Barstool Sports, loves Saratoga Springs.

If you follow him on socials, you know that he's constantly talking and tweeting about the nightlife, the restaurants, the people, the pizza, and of course, the racing in Saratoga Springs.

"Portnoy is an avid fan of racing at Saratoga and the property abuts the Oklahoma Training Track. Plans show a proposed patio with a swimming pool, grill, bar, and outdoor television just feet from the track." -The Times Union

Portnoy's House in Toga

Portnoy, who has been coming up to the Saratoga Race Course with his family ever since he was a kid, purchased the 1,500-square-foot house back in March.

And recently, El Presidente announced plans to demo and rebuild the ranch house at 70 Fifth Ave, according to a report in the Times Union.

Portnoy's love affair with Upstate NY is no secret. He says Saratoga Springs is one of his favorite places on Earth, and if he gets his way with the zoning board, he may love it here even more.

Pic of Dave Portnoy's house in Saratoga Springs. The $1.4M dollar property sits on the Oklahoma Racing Track, and Portnoy has big plans for a demo and rebuild Photo: Google Maps

Demo and Rebuild

According to the Times Union, "plans filed with the city's Zoning Board of Appeals show Barstool Sports founder Dave Portnoy would like to demolish the 1,500-square-foot home he bought earlier this year and replace it with a new four-bedroom house."

According to the report, the zoning board has the proposal on its agenda for its Monday meeting at 6:30 p.m.

Upgrades will include a "proposed patio with a swimming pool, grill, bar, and outdoor television just feet from the track."

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$4.3Mil Historic Saratoga Estate with Italian Restaurant & Spring-Fed Ponds For Sale

This estate is just ten minutes from downtown Saratoga and sits on a private and picturesque 14.19 acres. It is known as Villa Balsamo an Italian restaurant which was built in 1930. It operated as a restaurant for many years and includes a restaurant dining room, commercial kitchen, and a bar/lounge too.

The mansion boasts nine bedrooms, six bathrooms, and a tiled porch. There are high-end finishes throughout. The property has manicured lawns, five spring-fed ponds, and a well with Saratoga mineral water.

The listing agent said they are marketing the property to investors or homeowners for a variety of uses: as a restaurant, event venue, an inn, a school, an equine farm, or even a single-family residence.

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