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$595,000   Price Analysis
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509 River Rd
Lake Placid, NY 12946
1 bed 1 bath 900 SqFt ($661/SqFt)
15.8 acre lot. Built 1970
Listed 2024-06-11, Taxes $1,988
USDA Eligible
near Lake Placid, NY
 

Welcome to your Adirondack paradise on prestigious River Road in Lake Placid

* No Longer For Sale *
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NY! This stunning property boasts a completely remodeled 1 bedroom home with modern amenities, pretty woodwork, stunning views and attractive stone veneer work. Additional recent upgrades include a new roof, a newly drilld well, a brand new septic system designed for multiple buildings. The house has been completely rewired with 200 Amp electric service. A new roof and spray foamed basement add additional peace of mind. Featuring an expansive 15.8 acres of land with 1700'+ feet of frontage on the picturesque West Branch of the Ausable River.

The property features plenty of room to build your future dream home or to add an extension to the existing one- the potential is limitless. For outdoor enthusiasts, there's a 50 Amp R.V. site with sewer and water hookups, offering the perfect spot for guests or a weekend getaway. For added charm, there's a newly built Amish sleeping cabin and an adorable mini little lean-to. Additional building site for a year round house has been surveyed and will be marked out this spring. The property is STR permitable Located 5 minutes from downtown Lake Placid, this property is a must-see for those seeking the perfect blend of modern comfort and Adirondack Charm.


Presented by Kelsey Cassidy at
Merrill L. Thomas, Inc.


Property MLS #201305 from AdirondackChamplainValley

Bedrooms: 1

Total Rooms: 4
Basement Features: Concrete, Exterior Entry, Unfinished, Walk-Out Access, Walk-Up Access
Basement Description: Concrete, Exterior Entry, Unfinished, Walk-Out Access, Walk-Up Access

Total Bathrooms: 1
Full Bathrooms: 1

Granite Counters
High Ceilings
Natural Woodwork
Flooring: Luxury Vinyl
Window Features: Blinds, Display Window(s), Double Pane Windows

Electric Range
Refrigerator
Washer/Dryer
Water Heater

Heating Features: Baseboard, Wood Stove
Heating: Yes

Water Body Name: Ausable River
River Access
River Front
Waterfront

Balcony
Fire Pit
Lighting
Private Yard
Storage
Frontage Type: River
Other Structures: Shed(s)
Patio And Porch Features: Deck, Front Porch, Rear Porch
Road Frontage Type: Gravel

Lot Description: Front Yard, Many Trees, Native Plants, Private, Views, Waterfront, Wetlands, Wooded
Lot Size Acres: 15.8
Lot Size Square Feet: 688248

View: Mountain(s), River, Trees/Woods, Water
Security Features: Smoke Detector(s)

Association: No
Calculated Total Monthly Association Fees: 0

School District: Lake Placid

Lake Placid Junior Senior High School is a public middle and high school located approximately 2.5 miles away.
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Lake Placid Elementary School is a public elementary school located approximately 3 miles away.
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Mountain Lake Children's Reside is a private middle and high school located approximately 0.4 miles away.
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Annual Tax Amount: 2306.469999999
Source Listing Status: Closed
County: Essex
Directions: Headed towards Wilmington, pass Mountain Lake Academy, property will be on the left.
Source Property Type: Residential
Area: Lake Placid
MLS Area Minor: Lake Placid
Source Neighborhood: Lake Placid
Parcel Number: 43.3-1-16.000
Zoning: Residential
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$43,500 + $96,800
$140,300
$1,988
2022$30,100 + $87,100
$117,200
$1,543
2021$40,100 + $77,100
$117,200
$1,494
2020$40,100 + $77,100
$117,200
$357
2017$41,000 + $52,500
$93,500
$242
2016$65,000 + $15,600
$80,600
$241
2015$65,000 + $15,600
$80,600
$233
2014$65,000 + $15,600
$80,600
$225
2014$65,000 + $15,600
$80,600
$226
2013$65,000 + $15,600
$80,600
$912
2012$65,000 + $15,600
$80,600
$358

Sold 2024-04-09
$535,000
AdirondackChamplainValley
Sold 2022-08-31
$225,000
AdirondackChamplainValley

Total Square Feet Living: 900
Year Built: 1970
Building Area Total: 1800
Building Exterior Type: Spray Foam Insulation, Stone Veneer, Wood Siding
Construction Materials: Spray Foam Insulation, Stone Veneer, Wood Siding
Foundation Details: Block
Property Age: 54
Property Condition: Updated/Remodeled
Roof: Asphalt
Architectural Style: Adirondack, Cottage

Sewer: Septic Tank
Cable Available
Electricity Available
Internet Available
Water Connected
Water Source: Well Drilled

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.