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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.

Agent Description

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

1 story
1 full
5 spaces
1975

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

152 Old Military Road

Lake Placid, NY 12946

Features & Amenities

Interior Features

Granite CountersHigh CeilingsRecessed Lighting

Exterior Features

Lighting

Property Details

Flooring

VinylTile - Ceramic

Construction

Wood Siding

Parking

CarportGarageOff Street

Heating

BaseboardElectric (Heating)

Appliances

DishwasherExhaust FanFree-Standing Electric RangeMicrowaveRefrigerator

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.

LP

Lisa Paschke

Agent at Engel & Volkers Lake Placid Real Estate

(518) 524-1507

Listed by Engel & Volkers Lake Placid Real Estate · View on Broker Site

MLS# 203991· Source: listhub· Updated 464 days ago

Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

152 Old Military Road, Lake Placid, NY 12946

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