Single Family Home $ 998,000

5468 Cascade RD

Lake Placid, NY 12946

  • 5 Beds
  • 3 Baths
    Full Baths: 2 Half Baths: 1
  • 2,612 SqFt
  • 2 Lot Size
  • 1960 Year Built
Rare 2-acre Lake Placid offering with Whiteface Mountain views from both the home and adjoining parcel, spectacular Adirondack sunsets, unlimited vacation rental potential, and a buildable 1.60-acre lot with views of the iconic Olympic Ski Jumps. Direct trail access, adjacent to the Lake Placid Horse Show Grounds, village water, and no village taxes complete this exceptional Adirondack opportunity.
The charming vintage home sits on a 0.40-acre parcel and offers exceptional flexibility as a year-round residence, vacation retreat, or investment property for vacation rentals. The adjoining 1.60-acre parcel provides an ideal setting for a future dream home, guest house, or expansion.
Outdoor enthusiasts will appreciate direct access to a 1.85-mile cross-country ski and hiking trail connecting to the Bridle Trail and renowned Jackrabbit Trail system, with the Ausable River, McKenzie Mountain, and Sentinel Range nearby. Enjoy a front-row seat to the prestigious Lake Placid and I Love NY Horse Shows and watch planes arrive and depart from nearby Lake Placid Airport against a stunning mountain backdrop.
Recent improvements include a new 1,000-gallon septic tank (2021), propane furnace (2022), and mini-split system. Natural buffer areas on both sides provide additional privacy. A truly unique property offering mountain views, unforgettable sunsets, recreation, investment flexibility, and future development potential. Parcels
42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.
Listed by Brenda Goulette of Engel & Volkers Lake Placid Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 612 sqft

    Price per Sqft $382

    MLS Listing ID 207644

    Style Old Style

    Bedrooms 5

    Full Baths 2

    Half Baths 1

    Construction Status Fixer

    Abv Grd Liv Area 2,612

    Year Built 1960

    Annual Tax Amount $1,600

    Lot Size 2.000 Acres

    Acres 2.0

    Property Sub-Type Single Family Residence

    Source Adirondack-Champlain Valley MLS

  • Location

    State NY

    County Essex

    Direction From Route 73 heading toward Keene, the property is located directly across from the Olympic Ski Jump parking area. Look for the sign on the left. Easy access with excellent proximity to the Olympic venues, hiking trails, and the Ausable River.

  • Rooms

    Main Level Bedrooms 3

  • Building

    Story Two

    Sewer Private Sewer, Septic Tank

    Water Public

    Architectural Style Old Style

    Structure Type Wood Siding

    New Construction No

    Construction Status Fixer

  • Interior

    Heating Propane

    Flooring Hardwood

    Fireplace No

    Appliance Built-In Electric Oven, Dishwasher, Electric Water Heater

  • Exterior

    Parking Features Additional Parking, Deck, Driveway

    Garage Spaces 1.0

    Utilities Available Cable Available, Electricity Connected, Internet Available, Propane

    View Mountain(s), Trees/Woods

    Roof Type Metal

    Accessibility Accessible Approach with Ramp

    Porch Deck

    Road Frontage Easement

    Total Parking Spaces 6

    Garage Yes

  • Schools

    School District Lake Placid

  • Others

    Senior Community No

    Tax ID 42.4-4-29.100

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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CONTACT

Brenda Goulette
Brenda Goulette

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