About This Home

This land at Sentinel Road in Lake Placid, NY is listed for $485,000 (0.12 acres).

Key Features

  • 0.12 acre lot
Listing Description

A rare opportunity to acquire six approved building lots in the heart of Lake Placid's desirable Sentinel Road corridor. This shovel ready development is approved for two townhouse buildings consisting of six total units, with infrastructure already substantially in place including paved driveway access, power, municipal water and sewer, electric, and cable.

The offering is ideally positioned for a developer or investor seeking a streamlined path toward construction in one of the Adirondack Park's most sought after resort communities. The property is part of an established and active Homeowners Association alongside five existing neighboring units, helping create a cohesive and professionally maintained setting.

Unlimited short term rentals are permitted with the required Village permit, offering exceptional flexibility for vacation rental investment, seasonal ownership, or resale opportunities. Located just minutes from Main Street Lake Placid, Mirror Lake, restaurants, shopping, skiing, hiking, and the Olympic venues, the location balances convenience with strong year round rental demand.

Listing reflects the combined acreage, taxes, and assessments for all six lots. Tax Map IDs included are 42.272-2-4.000, 42.272-2-5.000, 42.272-2-6.000, 42.272-2-7.000, 42.272-2-8.000, and 42.272-2-9.000.

Location

Sentinel Road

Lake Placid, NY 12946

Questions & Answers

This 0-bedroom, 0-bathroom land at Sentinel Road is listed at $485,000. The estimated monthly payment is $2,593 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.12 acre lot.

This property is listed by Karen L Mergenthaler.

KM

Karen L Mergenthaler

Agent at Merrill L. Thomas, Inc.

Listed by Merrill L. Thomas, Inc. · Broker phone: 5185232519 · View on Broker Site · Broker website

MLS# 207135· Source: Adirondack Champlain Valley MLS· 175 days on PropertySimple

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.

Sentinel Road, Lake Placid, NY 12946

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