Single Family Home/House Lake Placid United States
11 Beds
7 Baths
4,562 Sqft
7.09 Ac lot
Updated: June 18
5
Views for last 30 days
MLS#205968
About the Property
Set along the gateway corridor between Lake Placid and Whiteface, this Village of Lake Placid property offers one of the rarest combinations of proven income, prime visibility, and development potential in the Adirondack Park. The parcel, which has 4.77 acres in the Village of Lake Placid and 2.32 in the town of North Elba, sits at the gateway to Main Street, with year-round access to the High Pea
Set along the gateway corridor between Lake Placid and Whiteface, this Village of Lake Placid property offers one of the rarest combinations of proven income, prime visibility, and development potential in the Adirondack Park. The parcel, which has 4.77 acres in the Village of Lake Placid and 2.32 in the town of North Elba, sits at the gateway to Main Street, with year-round access to the High Peaks, Whiteface Mountain, and the lakes that draw visitors in every season. Its river frontage and adjacency to Power Pond Park further enhance its value, connecting directly to extensive recreational trail systems while remaining within walking distance of the village center. The property is anchored by three short-term rental units that have generated consistent returns for decades: a five-bedroom residence, a two-unit duplex, and a one-bedroom cottage. This established cash flow provides stability for an investor while laying the foundation for a more ambitious project. The development potential is where this property truly distinguishes itself. Classified Hamlet by the Adirondack Park Agency, a high-density, mixed-use zoning distinction, it is ideally suited for multi-family housing, a boutique commercial venture, or a larger Planned Unit Development. Favorable local and state policies encourage precisely this type of investment in designated service centers, and the infrastructure-utilities, access, and cleared building areas-is already in place. Mountain vistas, river frontage, and adjacency to Power Pond Park add marketability and long-term value to any project envisioned here. For developers and business leaders, this is a rare opportunity to secure a site with scale, flexibility, and immediate market presence in Lake Placid’s most strategic growth corridor.
The Adirondack region is dominated by the vast Adirondack Park, one of the last true ‘wild’ areas in the Northea
The Adirondack region is dominated by the vast Adirondack Park, one of the last true ‘wild’ areas in the Northeastern United States. Commanding an impressive 6 million acres, it is the largest park in the lower 48, one in which you can canoe and hike for hundreds of miles amidst the untouched splendor of ”Forever Wild” forests, mountains, lakes, and streams. Within this stunning landscape exists a rare opportunity— the acquisition of private land within the largest collection of its kind in a public park. For the connoisseur of outdoor pursuits, the Adirondacks unveil a playground of varied experiences — from conquering rugged mountain peaks to indulging in the art of flyfishing in clear mountain streams. World-class Nordic and alpine trails beckon skiers to traverse the undulating terrain. The High Peaks Region proudly showcases 46 summits exceeding 4,000 feet, while the iconic locales of Lake Placid and Whiteface Mountain stand as a testament to Olympic prestige.
Founded in 1968, LandVest | Christie’s International Real Estate is one of New England’s largest and longest-operating independent real estate firms, dedicated exclusively to marketing the most distinctive properties in the most iconic communities across New England and the Adirondacks.
LandVest offers a unique range of services that no other brokerage firm can bring to the table: a collaborative brokerage team supported by the Christie’s International Real Estate network, a highly credentialed appraisal and valuation team, unmatched land planning and consulting, and even GIS mapping and forestry services — all in-house at your disposal. We have the knowledge and expertise to navigate even the most complex real estate requests.
Our team members have an unparalleled reputation for expert knowledge and personal service, and have spent decades in their communities helping clients, neighbors organizations, family, and friends make their homes and dreams come to life across New England. It’s why we say we have sold more homes to people we know than to strangers.
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Last updated
June 18
First listed
Oct 8, 2025
Agent licence
Listing reference
ACVMLS205968
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