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.
92 days
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133
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3
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Zillow last checked:
Listing updated:
Listed by:
Merrill L. Thomas, Inc.518-523-2519,
Karen L Mergenthaler
Source: ACVMLS,MLS#: 207135
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Features
Has view: Yes
View description: Neighborhood, Trees/Woods
Lot
Size: 5,227 Square Feet
Features: Cleared
Details
Parcel number: 42.27224.000
Utilities & green energy
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Source: Engel & Volkers Lake Placid Real Estate #170682Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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