$650,000 Price Analysis    ♡   Lake Placid, NY 12946 5 bed 3 bath 3,290 SqFt ($197/SqFt) 0.94 acre lot. Built 2006 Listed 2024-03-24, Taxes $6,663 | ✓ USDA Eligible near Lake Placid, NY Restrictions may apply due to home size |
Welcome to this charming property in the highly sought-after Otter Landing developmnt on the Chubb River in Lake Placid.
* Sale Pending *This vast raised ranch boasts nearly 3300 square feet of living space. This house features 5 bedrooms, 2.5 bat hrooms and 2 full kitchens and is perfect for hosting gatherings or accommodating extended family. Recent upgrades include recently remodeled bathrooms and new flooring throughout. The handicap-accessible basement is equipped with a full second kitchen, spacious living room, a half-bath that can convert to a full bath and a private entrance, making it ideal for conversion into a self-contained apartment for guests or rental income.
Outside, enjoy two spacious yards surrounded by mature hardwoods and views of the Chubb River off the back deck. Perfect for entertaining, the property features a 14x14 fenced-in patio with a fire pit, an 8-person hot tub nestled within a privacy fence and a custom-built 10x8 shed/dog house. The front yard presents an opportunity with two separate lot lines, allowing for the potential construction of unattached garage(s) that could provide long-term apartment rental income. Don't miss your opportunity to own this exceptional property, offering a blend of comfort, convenience and income potential.
Presented by Kelsey Cassidy at
Merrill L. Thomas, Inc.
Property MLS #201510 from AdirondackChamplainValley
Bedroom 2 Dimensions: 14.0 x 15.0
Bedroom 3 Dimensions: 14.0 x 12.0
Bedroom 4 Dimensions: 10.0 x 8.0
Bedroom 5 Dimensions: 10.0 x 8.0
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Lower
Bedroom 5 Level: Lower
Primary Bedroom: 15.00 x 18.00
Primary Bedroom Level: Upper
Primary Bathroom: 12.00 x 8.00
Primary Bathroom Level: Upper
Bathroom: 11.00 x 9.00
Bathroom Level: Upper
Living Room: 28.00 x 26.00
Living Room Level: Lower
Bathroom: 12.00 x 11.00
Bathroom Level: Lower
Basement Features: Block, Exterior Entry, Finished, Walk-Out Access
Living Room Dimensions: 14.0 x 21.0
Living Room Level: Upper
Basement Description: Block, Exterior Entry, Finished, Walk-Out Access
Full Bathrooms: 2
1/2 Bathrooms: 1
Storage
Flooring: Carpet, Laminate, Vinyl, Wood
Free-Standing Electric Range
Microwave
Refrigerator
Washer/Dryer
Heating: Yes
Dining Room Level: Upper
Kitchen Dimensions: 14.0 x 20.0
Kitchen Level: Upper
2nd Kitchen Dimensions: 12.0 x 16.0
2nd Kitchen Level: Lower
Fire Pit
Private Entrance
Private Yard
Fencing: Wood
Lot Size Square Feet: 40946
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsSource Listing Status: Pending
County: Essex
Directions: From Mill Pond drive headed towards Wes Valley Road, turn left on to commons Way, merge on to Otter way, house is straight ahead.
Source Property Type: Residential
Area: Lake Placid
MLS Area Minor: Lake Placid
Source Neighborhood: Lake Placid
Parcel Number: 42.221-1-15.111
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $281,600 + $106,400 $388,000 | $6,663 |
| 2022 | $252,900 + $96,700 $349,600 | $6,094 |
| 2021 | $236,000 + $74,000 $310,000 | $3,897 |
| 2020 | $226,000 + $74,000 $300,000 | $5,567 |
| 2017 | $109,400 + $129,000 $238,400 | $4,185 |
| 2016 | $108,400 + $150,000 $258,400 | $4,525 |
| 2015 | $108,400 + $150,000 $258,400 | $237 |
| 2014 | $182,500 + $50,000 $232,500 | $198 |
| 2014 | $165,000 + $150,000 $315,000 | $170 |
| 2013 | $176,300 + $106,200 $282,500 | $238 |
| 2012 | $176,300 + $106,200 $282,500 | $234 |
$650,000
AdirondackChamplainValley
Sold 2016-01-04
$300,000
AdirondackChamplainValley
Listed 2014-09-05
$335,000
AdirondackChamplainValley
Year Built: 2006
BelowGradeFinishedArea: 1590
Building Area Total: 3290
Building Exterior Type: Brick Veneer, Vinyl Siding
Construction Materials: Brick Veneer, Vinyl Siding
Foundation Details: Block
Property Age: 18
Architectural Style: Ranch
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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.