About This Home

This 3-bedroom, 2-bathroom single family at 27 Patch Lane in Lake Placid, NY is listed for $569,000 ($197 per sqft). Built in 1985, the home offers 2,888 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1985
  • 1.00 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
1985

Amenities

FireplaceA/C
Listing Description

Located in one of Lake Placid's most desirable neighborhoods, this quality-built home offers space, flexibility, and exceptional potential on a sunny one-acre lot. Just far enough from the Village to enjoy peace and quiet, yet close enough for an easy bike ride to the new Rail Trail, restaurants, shops, schools, and the Olympic venues, Patch Lane has long been one of the area's most sought-after locations.

The main level features an open-concept living and dining area anchored by a beautiful stone fireplace and filled with natural light from expansive windows overlooking the surrounding trees. A spacious wrap around deck extends the living space outdoors, while mini-split air conditioning in the living room and bedrooms provides year-round comfort.

The finished lower level offers a fully self-contained one-bedroom, one-bath living space complete with its own kitchen and separate living area. Perfect for extended family, guests, a live-in caregiver, or additional income through a long-term rental or owner-hosted short-term rental, it provides exceptional flexibility to fit a variety of lifestyles.

Lovingly maintained over the years, the home presents an outstanding opportunity for a new owner to update and personalize the finishes while building instant equity in one of Lake Placid's most desirable residential neighborhoods. Major improvements include a new septic system installed in 2019 and a new chimney liner, and recently replaced roof providing peace of mind while preserving the home's character. Easy to show!

Monthly Cost Estimate

$3,043/mo

20% down · 6.5% · 30 years

Principal$412
Interest$2,466
Insurance$166

Estimates only. Actual payments may vary.

Location

27 Patch Lane

Lake Placid, NY 12946

Features & Amenities

Interior Features

ApartmentHigh Speed Internet

Exterior Features

GardenLightingPrivate YardStorage

Property Details

Flooring

CarpetLaminateVinyl

Construction

Asphalt Cedar Wood Siding

Pool Features

Deck

Parking

DrivewayOff StreetGarage

Heating

Electric (Heating)ZonedWood StoveWoodBaseboard

Cooling

Wall Unit(s)Heat PumpDuctless

Appliances

DryerFree-Standing Electric RangeRange HoodRefrigeratorWasherWasher/Dryer

Questions & Answers

This 3-bedroom, 2-bathroom single family at 27 Patch Lane is listed at $569,000 ($197/sqft). The estimated monthly payment is $3,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 1.00 acre lot, 2 stories, Fireplace. Interior Features: Apartment, High Speed Internet. Exterior Features: Garden, Lighting, Private Yard.

This property is listed by Justin McGiver and can be reached at 5185247628.

JM

Justin McGiver

Agent at Adirondack Premier Properties Berkshire Hathaway HomeService

(518) 524-7628

Listed by Adirondack Premier Properties Berkshire Hathaway HomeService · View on Broker Site

MLS# 207790· Source: listhub· 2 days on market

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.

27 Patch Lane, Lake Placid, NY 12946

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