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4862 Cascade Rd

 Lake Placid, NY 12946
Active
Status
$1,465,000
Listing Price
5
Beds
3
Baths
2
Partial Baths
4,000 Sq. Ft.
$366/Sq. Ft.
 

OVERVIEW

FOR SALE IN LAKE PLACID, 20 acres of land with two year-round houses, swimming pool, fish pond, stream, 15 acres of your own private hiking trails and 5acres of lawn/fields. The property also has apple trees, pear trees and a struggling cherry tree as well as two vegetable gardens.

There are no visible neighbors, the far back of the property borders a continuous trail system to the top of the ridge that over looks Whiteface Mtn. and are seldomly used other than us. We are also 4.5 miles to the center of Main St. in Lake Placid, 3 miles from the Ski Jumps and walking distance are the Cascade Cross Country Ski Center, The Cascade Inn Restaurant, Ziplining/Team building course and the Craig Wood golf course.

The Main House is 2500sqft and was gut renovated in 2014. It has three bedrooms, two and a half bathrooms, large kitchen, library, living room, laundry room and a large unfinished basement with one car garage. There is also a covered porch overlooking the fish pond and mountains. Master bath has a large jacuzzi tub. The main house has electric heat and 2 fire places.

The Guest House is 1550sqft with two bedrooms, 1.5 bathrooms, laundry room, 2 large outdoor decks with magnificent views of the high peaks. There are two storage areas attached or a possible 3rd bedroom. The home is heated with electric and a pellet stove. The guest house is also being renovated and is 95% complete. The house will be painted and finished this spring.

Also on the property, is a 25x30ft concrete slab which is approved for building a garage or workshop.

This is also an income property. We currently rent the main house for 25k per year, or you can rent the guest house for about 19k per year. The total annual taxes with school and state combined are $6,200. The possibility of subdividing into 2 lots can be done, but the zoning here requires 8 acres to subdivide for a buildable lot.

There are few to no properties that compare, with 20acres and 2 year-round homes which are fairly, newly renovated and so close to town. It takes exactly 7min from driveway to Main St. LP.

We are willing to negotiate on the price for interested & qualified buyers. There are many people who have admired this house over the years so please, no tire kickers who are only curious to see what the interior looks like, we have already been through that. Thank you.

What the seller loves about this home

These homes and property are close to all that Lake Placid has to offer, spectacular views and every winter or summer activity is literally right outside your door. I personally love our private Hiking, Cross Country Ski, Snowmobile, Biking and Dirt Biking trails just outside our front door. This property has unlimited potential! You won't need to drive anywhere... unless you're going out for dinner.
Days on Fizber:
79 Days
Source: Fizber.com
 

PROPERTY DETAILS:

PROPERTY BASIC INFORMATION:

Property Information:
  • Year Built:
    1907
  • Property Type:
    Multi Family
  • Bedrooms:
    5
  • Full Bathrooms:
    3
  • Partial Bathrooms:
    2
  • Living Square Footage:
    4000
  • Lot Square Footage:
    871200
   
 

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