One 3 unit apartment house and adjacent 3 bedroom, 2 bath rental house located on Parkside Drive in Lake Placid within short walking distance of the Main St. Business Corridor, Schools and the Olympic Center. This listing includes an additional .30 acre building lot (parcel # 42.208-1-2.000) with 2 storage sheds and parking area off Morningside Drive. The property is being sold ''AS IS'' and includes 3 apartments in the front building and a separate large 3 bedroom 2 bath house in the rear. One apartment is vacant and requires renovation. The rear house currently rents as a short vacation rental. Two apartments are rented on a month to month basis. Great distant mountain views from the property. Excellent investment opportunity!
Sold for $665,000
$665,000
163 Parkside Dr, Lake Placid, NY 12946
--beds
0baths
3,393sqft
Apartment
Built in 1920
-- sqft lot
$698,200 Zestimate®
$196/sqft
$1,659 Estimated rent
Home value
$698,200
Estimated sales range
Not available
$1,659/mo
Zestimate® history
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$1,659/mo
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$4,466/mo
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Est. payment
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List your homeWhat's special
Located on parkside driveGreat distant mountain views
Zillow last checked:
Listing updated:
Listed by:
Mark Adler,
Adirondack Premier Properties Berkshire Hathaway HomeService
Bought with:
David Trahey, 10401339416
The Reynolds Group of Lake Placid, LLC
Source: ACVMLS,MLS#: 205583
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Free-Standing Electric Range, Gas Water Heater, Refrigerator, Washer/Dryer, Water Heater
- Laundry: In Kitchen, Laundry Closet
Features
- Flooring: Carpet, Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Concrete,Crawl Space,Interior Entry,Partial,Unfinished
Interior area
- Total structure area: 3,393
- Total interior livable area: 3,393 sqft
Property
Parking
- Parking features: Additional Parking, Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch, Side Porch
- Exterior features: Private Yard
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.4 Acres
Details
- Additional structures: Shed(s), Storage
- Parcel number: 42.207715.000
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Old Style
- Property subtype: Apartment
Materials
- Foundation: Concrete Perimeter, Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Water Connected, Propane
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Lake Placid
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $360,600
- Annual tax amount: $4,694
- Date on market: 8/23/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: Short Term Lease
- Tenant pays: Cable TV, Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $665,000-4.3%$196/sqft |
Source:  ACVMLS #205583 Report a problem | ||
| 9/16/2025 | Pending sale | $695,000$205/sqft |
Source: ACVMLS #205583 Report a problem | ||
| 8/23/2025 | Listed for sale | $695,000$205/sqft |
Source: ACVMLS #205583 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $102,900 +3.2% |
| 2024 | -- | $99,700 +4.6% |
| 2023 | -- | $95,300 +29.5% |
| 2022 | -- | $73,600 +18.3% |
| 2021 | -- | $62,200 +28.5% |
| 2020 | -- | $48,400 |
| 2019 | -- | $48,400 |
| 2018 | -- | $48,400 -51.6% |
| 2017 | $1,162 | $100,000 |
| 2016 | -- | $100,000 |
| 2015 | -- | $100,000 |
| 2014 | -- | $100,000 |
Find assessor info on the county website
Neighborhood: 12946
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Nearby schools
GreatSchools rating
- 5/10Lake Placid Elementary SchoolGrades: K-5Distance: 0.9 mi
- 6/10Lake Placid Junior Senior High SchoolGrades: 6-12Distance: 0.3 mi
- New York
- Essex County
- Lake Placid
- 12946
- 163 Parkside Dr
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