$ 850,000 $ 850,000

5017 Cascade Road, Route 73

Lake Placid, NY 12946

  • 9,798 SqFt
  • 5.01 Lot Size
  • 1952 Year Built
Make this property on 5 acres with gorgeous mountain views, whatever fulfills your dream of ownership in the Adirondacks. Currently a very popular fully operating restaurant, 11 room motel and a 3 bedroom home. Located across the street from Craig Wood Golf Course and Scott's Cobble with mountain biking and cross country trails for year round recreation at your fingertips. This property has so much potential, make it yours, make it what you want it to be. Call today to schedule a tour of the property!
Listed by Brenda Goulette of Engel & Volkers Lake Placid Real Estate

PROPERTY DETAIL

  • Key Details

    Sold Price $850,000

    Property Type Commercial

    Sub Type Business

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 9, 798 sqft

    Price per Sqft $86

    MLS Listing ID 177961

    Sold Date 05/06/25

    Year Built 1952

    Annual Tax Amount $11,747

    Lot Size 5.010 Acres

    Acres 5.01

    Property Sub-Type Business

    Source Adirondack-Champlain Valley MLS

  • Location

    State NY

    County Essex

    Zoning Mixed

    Direction From Lake Placid, take Route 73 toward Keene. Property is on the right, directly across from Craig Wood Golf Course.

    Body of Water None

  • Rooms

    Basement Full, Unfinished

  • Building

    Foundation Block, Stone

    Sewer Septic Tank

    Water Private, Shared Well

    Structure Type Asphalt,Frame,Wood Siding

  • Interior

    Heating Electric, Oil, Propane, Other

    Cooling Wall Unit(s)

    Appliance Oil Water Heater, Water Heater

  • Exterior

    Parking Features Off Street, Parking Lot

    Utilities Available Internet Available

    View Golf Course, Mountain(s), Trees/Woods

    Roof Type Metal

    Street Surface Paved

    Accessibility Accessible Approach with Ramp

    Road Frontage Public

  • Schools

    School District Lake Placid

  • Others

    Senior Community No

    Tax ID 52.1-2-1.000

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition Standard

CONTACT

Brenda Goulette
Brenda Goulette

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