For sale

$799,000

12 Rustic Way Unit 2, Lake Placid, NY 12946

3beds

2,248sqft

Townhouse

Built in 2006

2,178 Square Feet Lot

$-- Zestimate^®

$355/sqft

$504/mo HOA

What's special

Bonus roomQuiet wooded settingLaundry closetStone-surround propane fireplaceHardwood flooring throughoutCozy den

The Balsams - a 3 bedroom, 3.5 bathroom delightful townhome with an attached 1 car garage. This lovingly maintained home is convenient, spacious and functional. With 2,250 sq. ft. of finished space, this maintenance free townhome comes partially furnished and squeaky clean. The main level has hardwood flooring throughout, a kitchen with granite counter tops, vaulted ceilings in the living room with a stone-surround propane fireplace and a stylish screened-in porch off the dining room. There are 2 bedrooms and 2 bathrooms upstairs, laundry closet and a loft area with a Murphy bed. That's right - a Murphy bed! Downstairs is a cozy den, bonus room, bedroom and full bathroom plus a sliding glass door to the back patio where you'll find a grill and seating. The Generac Generator is included, as well. Come see this fantastic townhome in a quiet, wooded setting.

51 days
388
25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Main level bathrooms: 1

Heating

Baseboard, Electric

Cooling

Ceiling Fan(s)

Appliances

Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Range, Microwave, Refrigerator, Washer, Water Heater
Laundry: Laundry Closet, Upper Level

Features

Flooring: Carpet, Hardwood, Tile
Doors: Sliding Doors, Storm Door(s)
Basement: Finished,Full,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Propane, Stone
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 2,248
Total interior livable area: 2,248 sqft
Finished area above ground: 1,441
Finished area below ground: 807

Property

Parking

Parking features: Additional Parking, Asphalt, Driveway, Garage Door Opener, Garage Faces Front
Has attached garage: Yes

Features

Levels: Three Or More
Patio & porch: Enclosed, Rear Porch, Screened
Has view: Yes
View description: Neighborhood

Lot

Size: 2,178 Square Feet

Details

Parcel number: 42.74614.000

Construction

Type & style

Home type: Townhouse
Architectural style: Adirondack
Property subtype: Townhouse

Materials

Foundation: Poured
Roof: Asphalt,Shingle

Condition

Year built: 2006

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Underground Utilities

Community & HOA

Community

Subdivision: The Balsams

HOA

Has HOA: Yes
Services included: Insurance, Maintenance Grounds, Snow Removal, Trash
HOA fee: $504 monthly

Location

Region: Lake Placid

Financial & listing details

Price per square foot: $355/sqft
Tax assessed value: $738,200
Annual tax amount: $6,929
Date on market: 8/22/2026
Listing agreement: Exclusive Right To Sell
Lease term: Short Term Lease
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/22/2026	Listed for sale	$799,000+40.2%$355/sqft
Source: ACVMLS #208205 Report a problem
10/15/2021	Sold	$570,000$254/sqft
Source: Global MLS #202125519 Report a problem
8/17/2021	Pending sale	$570,000$254/sqft
Source: Global MLS #202125519 Report a problem
8/8/2021	Listed for sale	$570,000+34.2%$254/sqft
Source: Global MLS #202125519 Report a problem
12/21/2007	Sold	$424,889$189/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$738,200 +5%
2024	--	$703,000 +8.7%
2023	--	$647,000 +16.7%
2022	--	$554,300 +9.9%
2021	--	$504,500 +13.6%
2020	--	$444,000
2019	--	$444,000
2018	--	$444,000 +2.7%
2017	$5,446	$432,400 +0.1%
2016	--	$431,800
2015	--	$431,800
2014	--	$431,800