About This Home
This 5-bedroom, 3-bathroom single family at 5468 Cascade Road in Lake Placid, NY is listed for $998,000 ($382 per sqft). Built in 1960, the home offers 2,612 sqft of living space on a 2.00 acres lot.
Key Features
- Built in 1960
- 2.00 acre lot
- 2 stories
- 6 parking spaces
Property Details
Amenities
Rare 2-acre Lake Placid offering with Whiteface Mountain views from both the home and adjoining parcel, spectacular Adirondack sunsets, unlimited vacation rental potential, and a buildable 1.60-acre lot with views of the iconic Olympic Ski Jumps. Direct trail access, adjacent to the Lake Placid Horse Show Grounds, village water, and no village taxes complete this exceptional Adirondack opportunity.
The charming vintage home sits on a 0.40-acre parcel and offers exceptional flexibility as a year-round residence, vacation retreat, or investment property for vacation rentals. The adjoining 1.60-acre parcel provides an ideal setting for a future dream home, guest house, or expansion.
Outdoor enthusiasts will appreciate direct access to a 1.85-mile cross-country ski and hiking trail connecting to the Bridle Trail and renowned Jackrabbit Trail system, with the Ausable River, McKenzie Mountain, and Sentinel Range nearby. Enjoy a front-row seat to the prestigious Lake Placid and I Love NY Horse Shows and watch planes arrive and depart from nearby Lake Placid Airport against a stunning mountain backdrop.
Recent improvements include a new 1,000-gallon septic tank (2021), propane furnace (2022), and mini-split system. Natural buffer areas on both sides provide additional privacy. A truly unique property offering mountain views, unforgettable sunsets, recreation, investment flexibility, and future development potential. Parcels
42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.
Monthly Cost Estimate
$5,338/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5468 Cascade Road
Lake Placid, NY 12946
None
Property Details
Flooring
Views
Parking
Heating
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 5468 Cascade Road is listed at $998,000 ($382/sqft). The estimated monthly payment is $5,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 2.00 acre lot, 2 stories, 6 parking spaces.
This property is listed by Brenda Goulette and can be reached at 5185234404.
