About This Home
This 0-bedroom, 0-bathroom commercial at 1970 Saranac Avenue in Lake Placid, NY is listed for $14,663 ($1 per sqft). Built in 1900, the home offers 14,663 sqft of living space on a 3.10 acres lot.
Key Features
- Built in 1900
- 3.10 acre lot
Property Details
Positioned at the western gateway to the Village of Lake Placid on Saranac Avenue, Whiteface Vista is 3.1 acres of genuinely irreplaceable ground: panoramic, unobstructed views of Whiteface Mountain, a gem of the Adirondack High Peaks, high visibility from Route 86, and a parcel size that supports a meaningful redevelopment footprint.
Comparable acreage with this combination of access, view, and position does not come to market in Lake Placid with any frequency. The site currently operates as a 30-room lodging property across multiple buildings, a functioning income asset today, and a placeholder for a higher use tomorrow.
The land, not the structure, is what a buyer is purchasing: this corridor has produced some of the region's more closely watched development activity over the past several years, and Whiteface Vista sits at its natural inflection point. The opportunity suits a developer, hospitality operator, or land-forward investor with a vision, a new hotel, res
ort, workforce housing project, or mixed-use development anchored by frontage and views few sites in Lake Placid can match. Full financials and property profile available to qualified buyers upon request.
Monthly Cost Estimate
$78/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1970 Saranac Avenue
Lake Placid, NY 12946
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1970 Saranac Avenue is listed at $14,663 ($1/sqft). The estimated monthly payment is $78 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 3.10 acre lot.
This property is listed by Matthew Preston Smith and can be reached at 2039885386.