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58 Garden Way , #4

Lake Placid, NY 12946
  • $995,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 203576
UPDATED: 55 min ago
$995,000
  • 3
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,836
    SQFT
  • $542
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1974
County:
Area:

School Ratings & Info

School District:

Description

Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property's location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Various furnishings included. Great investment opportunity!

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© 2025 Adirondack-Champlain Valley Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team. Data last updated: 2025-01-19T18:30:26.29.
www.adirondackwaterfronthomes.com/homes/158519256
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58 Garden Way , #4 Lake Placid, NY 12946

  • Price: $995,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 55 min ago
  • MLS #: 203576
3
Beds
2
Baths
1
½ Baths
0.1
Acres
1,836
SQFT
$542
$/SQFT
1974
Built
Neighborhood:
Lake Placid Club
County:
Essex
Area:
Lake Placid
School District:
Lake Placid
Property Description
Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property's location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Various furnishings included. Great investment opportunity!
Exterior Features

Architectural Style Adirondack Construction Materials Wood Siding Exterior Features LightingStorage Garage YN No Parking Features DrivewayParking LotOn SiteOff StreetLighted Roof Asphalt

Interior Features

Above Grade Finished Area 1836.00 Appliances DryerWasherRefrigeratorRangeMicrowaveElectric RangeDishwasher Bathrooms Total 3.00 Below Grade Finished Area 0.00 Below Grade Unfinished Area 0.00 Cooling Central Air Fireplace Features Living RoomWood Burning Fireplace YN Yes Fireplaces Total 1 Heating BaseboardElectric Interior Features Granite CountersStorageRecessed LightingHigh Speed InternetHigh Ceilings Kitchen Level First Laundry Features Laundry RoomMain Level Levels Two Living Area 1836.00 Living Room Level First Patio And Porch Features Deck Primary Bedroom Level Second Rooms Living Room (1 Level) Kitchen (1 Level) Primary Bedroom (2 Level) Bedroom 2 (2 Level) Bedroom 3 (2 Level) Bathroom 1 (2 Level) Bathroom 2 (2 Level) Bedroom 3 (1 Level) Window Features Wood Frames

Property Features

Association Amenities InsuranceTrashSnow RemovalMaintenanceLandscaping Association Fee 206.00 Association Fee Includes Snow RemovalTrash Association YN Yes Land Tax Annual Amount 2609.65 Listing Terms 1031 ExchangeConventionalCash Lot Features LevelViewsNear Golf CourseMany Trees Occupant Type Vacant Other Equipment Call Listing Agent Pets Allowed Dogs OKYes Road Frontage Type Private Road Road Surface Type Paved Seasonal Property YN No Sewer Public Sewer Tax Annual Amount 10132.80 Tax Assessed Value 776500.00 Utilities Cable ConnectedInternet ConnectedWater ConnectedSewer ConnectedPhone ConnectedElectricity Connected View LakeTrees/Woods Water Source Public Waterfront YN No Zoning Residential

Listing courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService: (518) 523-3333.


© 2025 Adirondack-Champlain Valley Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team. Data last updated: 2025-01-19T18:30:26.29.
 
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Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team
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Tupper Lake NY, 12986