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About This Home
This 4-bedroom, 1-bathroom single family at 152 Old Military Road in Lake Placid, NY is listed for $425,000 ($385 per sqft). Built in 1975, the home offers 1,104 sqft of living space on a 0.40 acres lot.
Exceptional Investment & Lifestyle Opportunity in Lake Placid Discover a fully renovated four-bedroom home in the heart of Lake Placid with unlimited rental potential and an easily obtainable lodging permit. This move-in ready property has been thoughtfully updated from top to bottom-featuring a brand-new kitchen and bath, updated plumbing and electrical, new insulation, new flooring, and a freshly painted exterior.
Enjoy two new decks for outdoor living, along with a spacious, level, and private backyard ready to be transformed into your personal retreat. The two-car garage with new doors and an easy-turnaround driveway adds convenience and functionality. Inside, a dedicated laundry room offers the option to expand with a second bathroom, while the home's fle
xible layout also lends itself to a potential two-unit configuration-perfect for maximizing rental income with both short- and long-term stays. Whether you're looking for a primary residence, vacation getaway, or income-producing property, this home checks all the boxes. Ideally located just minutes from Lake Placid's Olympic Village, shopping, dining, and world-class recreation-including hiking the High Peaks and skiing at Whiteface Mountain (only 15 minutes away).
Key Features
- Built in 1975
- 0.40 acre lot
- 5 parking spaces
Property Details
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
152 Old Military Road
Lake Placid, NY 12946
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 1-bathroom single family at 152 Old Military Road is listed at $425,000 ($385/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1975, 0.40 acre lot, 5 parking spaces. Interior Features: Granite Counters, High Ceilings, Recessed Lighting. Exterior Features: Lighting.
This property is listed by Lisa Paschke and can be reached at 5185241507 or lisa.paschke@engelvoelkers.com.




