Is one floor living what you're looking for? This spacious 3 BR, 2 BA ranch is located in the heart of Lake Placid and features a sprawling layout, including a convenient laundry/pantry area for added functionality. Step outside to the back deck and soak in stunning mountain views, overlooking a private back yard. With its prime location, you'll enjoy easy access to the local high school, Main Street shops, and scenic Mirror Lake, making it an ideal spot for both relaxation and recreation. Lower level offers income producing opportunities with 2 one bedroom, one bath apartments. Main roof is new in 2023, new laminate floors throughout main level and both apts. Don't miss your chance to own this wonderful home in a vibrant community!
This boutique-style vacation rental property, comprised of four newly renovated units, boasts a prime location just a short, convenient stroll from downtown Lake Placid. Situated within the Gateway Corridor and by possessing the necessary permits, this property offers excellent income and strong rental history. Comprising one two-bedroom unit, two one-bedroom units, and one studio apartment, each of these well-appointed units exudes a cozy ambiance with a touch of modern Adirondack charm. In 2022 alone, these units generated over $100,000 in revenue, a remarkable achievement considering they were under construction and remodel for a portion of the year. This property is being offered fully turnkey, featuring numerous upgrades both inside and out. Ample parking is readily available to accommodate guests comfortably.
The median home value in Lake Placid, NY is $537,500. This is higher than the county median home value of $232,900. The national median home value is $338,100. The average price of homes sold in Lake Placid, NY is $537,500. Approximately 30.3% of Lake Placid homes are owned, compared to 30.25% rented, while 39.45% are vacant. Lake Placid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Placid real estate agent to arrange a tour today!
Lake Placid, New York has a population of 2,221. Lake Placid is more family-centric than the surrounding county with 29.01% of the households containing married families with children. The county average for households married with children is 22.25%.
The median household income in Lake Placid, New York is $47,050. The median household income for the surrounding county is $61,563 compared to the national median of $69,021. The median age of people living in Lake Placid is 44.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 40.9 inches per year, with 102.4 inches of snow per year.