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Sold for $950,000
  • Tax assessed value
    $950,000

    21 Terrace Way, Lake Placid, NY 12946

    4beds
    3,308sqft
    Single Family Residence
    Built in 1994
    1.5 Acres Lot
    $1,012,300 Zestimate®
    $287/sqft
    $3,775 Estimated rent

    Home value

    $1,012,300

    Estimated sales range

    Not available

    $3,775/mo

    Zestimate® history
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    What's special

    Oversized windowsAbundance of natural lightCraftsman style homeExercise roomUnsurpassed privacyLarge open floor planVaulted ceilings
    Craftsman style home a short walk to Mirror Lake shops and restaurants yet tucked away with unsurpassed privacy. Large open floor plan with oversized windows, vaulted ceilings and an abundance of natural light and winter warmth. 4 bedrooms, and 4 baths with primary and guest bedrooms both en-suite. Hike Cobble Mountain and extensive trails from your back door or relax at home in your billiards room, exercise room or screened in porch. A wonderful well-maintained vacation or family home, designed well and constructed of top of the line materials. Unlimited short term rentals are allowed with available permit. Vacant, and easy to show!

    Zillow last checked:

    Listing updated:

    Listed by:

    Francis (Bob) Miller,

    Bob Miller Real Estate

    Bought with:

    Jennifer Ledger, 40LE1119845

    Merrill L. Thomas, Inc.

    Source: ACVMLS,MLS#: 201332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Features: Carpet
    • Level: Second
    • Area: 475 Square Feet
    • Dimensions: 25 x 19
    Bedroom 1
    • Features: Carpet
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bedroom 2
    • Features: Carpet
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Bedroom 3
    • Features: Hardwood
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15 x 12
    Primary bathroom
    • Features: Ceramic Tile
    • Level: Second
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Bathroom 1
    • Features: Ceramic Tile
    • Level: First
    • Area: 45 Square Feet
    • Dimensions: 9 x 5
    Bathroom 2
    • Features: Ceramic Tile
    • Level: First
    • Area: 64 Square Feet
    • Dimensions: 8 x 8
    Bathroom 3
    • Features: Ceramic Tile
    • Level: Lower
    • Area: 30 Square Feet
    • Dimensions: 6 x 5
    Dining room
    • Features: Hardwood
    • Level: First
    • Area: 171 Square Feet
    • Dimensions: 19 x 9
    Kitchen
    • Features: Ceramic Tile
    • Level: First
    • Area: 220 Square Feet
    • Dimensions: 20 x 11
    Living room
    • Features: Hardwood
    • Level: First
    • Area: 285 Square Feet
    • Dimensions: 19 x 15
    Office
    • Features: Carpet
    • Level: First
    • Area: 40 Square Feet
    • Dimensions: 8 x 5
    Other
    • Features: Carpet
    • Level: Lower
    • Area: 270 Square Feet
    • Dimensions: 18 x 15
    Other
    • Features: Carpet
    • Level: Lower
    • Area: 225 Square Feet
    • Dimensions: 15 x 15
    Heating
    • Baseboard, Electric, Free Standing Stove, Radiant Floor
    Cooling
    • None
    Appliances
    • Included: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Range Hood, Refrigerator, Washer/Dryer
    • Laundry: Laundry Room
    Features
    • Granite Counters, Bidet, High Ceilings
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Display Window(s), Double Pane Windows
    • Basement: Partial,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 3,308
    • Total interior livable area: 3,308 sqft
    • Finished area above ground: 2,528
    • Finished area below ground: 780

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Patio & porch: Porch, Screened
    • Exterior features: None
    • Pool features: None
    • Has spa: Yes
    • Spa features: None, Bath
    • Fencing: None
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 1.50 Acres
    • Features: Wooded
    Details
    • Additional structures: None
    • Parcel number: 42.4325.000
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Adirondack
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured
    • Roof: Asphalt
    Condition
    • Year built: 1994

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Water Connected, Propane

    Community & neighborhood

    Security
    • Security features: Prewired
    Location
    • Region: Lake Placid
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Gravel

    Price history

    DateEventPrice
    3/7/2025Sold$950,000-3.6%$287/sqft
    Source: ACVMLS #201332 Report a problem
    12/31/2024Pending sale$985,000$298/sqft
    Source: ACVMLS #201332 Report a problem
    12/15/2024Listed for sale$985,000$298/sqft
    Source: ACVMLS #201332 Report a problem
    7/7/2024Listing removed--
    Source: ACVMLS #201332 Report a problem
    5/31/2024Price change$985,000-5.7%$298/sqft
    Source: ACVMLS #201332 Report a problem
    4/1/2024Price change$1,045,000-8.7%$316/sqft
    Source: ACVMLS #201332 Report a problem
    2/22/2024Listed for sale$1,145,000+60.1%$346/sqft
    Source: ACVMLS #201332 Report a problem
    9/13/2016Sold$715,000-4.7%$216/sqft
    Source: ACVMLS #155623 Report a problem
    6/13/2016Listing removed$749,999$227/sqft
    Source: Merrill L. Thomas, Inc. #155623 Report a problem
    3/23/2016Listed for sale$749,999-5.7%$227/sqft
    Source: Merrill L. Thomas, Inc. #155623 Report a problem
    12/10/2015Listing removed$795,000$240/sqft
    Source: Select Sotheby's International Realty #145775 Report a problem
    4/28/2015Listed for sale$795,000$240/sqft
    Source: Select Sotheby's International Realty #145775 Report a problem
    2/11/2015Listing removed$795,000-9.1%$240/sqft
    Source: CENTURY 21 High Peaks Realty #145775 Report a problem
    12/22/2012Listing removed$875,000$265/sqft
    Source: CENTURY 21 High Peaks Realty #137027 Report a problem
    3/2/2011Price change$875,000+99900%$265/sqft
    Source: CENTURY 21 High Peaks Realty #137027 Report a problem
    2/25/2011Price change$875-99.9%
    Source: CENTURY 21 High Peaks Realty #137027 Report a problem
    6/26/2010Listed for sale$875,000+1066.7%$265/sqft
    Source: CENTURY 21 High Peaks Realty #137027 Report a problem
    6/17/1994Sold$75,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $950,000 -10.4%
    2024-- $1,059,900 +8%
    2023-- $981,400 +17%
    2022-- $838,800 +7.5%
    2021-- $780,500 +2.7%
    2020-- $760,200
    2019-- $760,200 +8.2%
    2018-- $702,300 +18.4%
    2017$6,243 $593,000 +15.9%
    2016-- $511,800
    2015-- $511,800
    2014-- $511,800

    Find assessor info on the county website

    Neighborhood: 12946

    Nearby schools

    GreatSchools rating