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Sold for $945,000
  • $945,000

    40 Saddle Back Way, Lake Placid, NY 12946

    4beds
    2,760sqft
    Single Family Residence
    Built in 2007
    11.23 Acres Lot
    $991,100 Zestimate®
    $342/sqft
    $4,656 Estimated rent

    Home value

    $991,100

    Estimated sales range

    Not available

    $4,656/mo

    Zestimate® history
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    What's special

    Walk-out suiteCozy fireplaceExpansive windowsOutdoor deckFull finished lower levelBreathtaking mountain viewsCustom cabinets
    MAJOR PRICE IMPROVEMENT! Nestled in the serene beauty of Lake Placid,NY. Bordering state land, this Placid Meadows home has deeded access to walkable Alford pond, with area's for fishing and boating.This exquisite property allows permitted short term rentals and offers a blend of luxury, comfort, and natural splendor. Situated on a private 11.23-acre lot, this stunning home boasts breathtaking mountain views of Seymour/Scarface and even a peek of Whiteface Mountain! The meticulously landscaped grounds feature winding trails, providing the perfect setting for leisurely strolls or adventurous hikes. As you wrap around the residence, you'll be greeted by the inviting heated in-ground saltwater pool (32'x16''), offering a refreshing oasis during the warmer months. Step inside, and you'll discover a spacious and thoughtfully designed interior. With four bedrooms and three and a half bathrooms, there's plenty of room for family and guests to relax and unwind. The main floor features a convenient bedroom and bathroom, providing flexibility and ease of living. The heart of the home is the beautifully appointed kitchen, granite countertops, custom cabinets, radiant in-floor heating, exposed beams, smart lighting and an open floor plan with the adjacent dining/living area as an ideal space for gathering with loved ones, featuring a cozy fireplace and expansive windows that frame the picturesque views. Step outside onto the outdoor deck or screened-in porch, where you can savor your morning coffee or dine while soaking in the tranquil surroundings. Additional highlights include a full finished lower level with a bedroom, wet-bar, entertainment room, bathroom, walk out to the lawn. A fantastic multipurpose family space, its own walk-out suite, or both! An attached two-car garage with attic storage, provides plenty of space for vehicles and outdoor gear. Come look and make an offer. 72 hour kick out clause.Home can still be shown and offer can be made with the 72 kick out.

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Friedlander,

    Engel & Volkers Lake Placid Real Estate

    Bought with:

    Hannah Torrance, 10401338441

    Merrill L. Thomas, Inc.

    Source: ACVMLS,MLS#: 201286MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Description: Opens to screen porch
    • Features: Hardwood
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15 x 12
    Bedroom 1
    • Features: Carpet
    • Level: Second
    • Area: 276 Square Feet
    • Dimensions: 23 x 12
    Bedroom 2
    • Features: Carpet
    • Level: Second
    • Area: 276 Square Feet
    • Dimensions: 23 x 12
    Bedroom 3
    • Description: Could be office
    • Features: Hardwood
    • Level: Lower
    • Area: 156 Square Feet
    • Dimensions: 12 x 13
    Primary bathroom
    • Description: Stand up Shower and separate jet tub
    • Features: Ceramic Tile
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 9 x 8
    Bathroom
    • Description: !/2 bath at aentry
    • Features: Ceramic Tile
    • Level: First
    • Area: 28 Square Feet
    • Dimensions: 7 x 4
    Bathroom 1
    • Features: Ceramic Tile
    • Level: Second
    • Area: 56 Square Feet
    • Dimensions: 7 x 8
    Bathroom 2
    • Features: Ceramic Tile
    • Level: Lower
    • Area: 63 Square Feet
    • Dimensions: 9 x 7
    Bonus room
    • Description: Wet bar
    • Features: Hardwood
    • Level: Lower
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Dining room
    • Description: Opens to living
    • Features: Hardwood
    • Level: First
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Game room
    • Description: Could be bedroom, fireplace and walk out to lawn
    • Features: Hardwood
    • Level: Lower
    • Area: 299 Square Feet
    • Dimensions: 23 x 13
    Kitchen
    • Description: Opens to living
    • Features: Ceramic Tile
    • Level: First
    • Area: 36 Square Feet
    • Dimensions: 9 x 4
    Laundry
    • Features: Ceramic Tile
    • Level: Lower
    • Area: 70 Square Feet
    • Dimensions: 10 x 7
    Living room
    • Description: Deck off living
    • Features: Hardwood
    • Level: First
    • Area: 288 Square Feet
    • Dimensions: 24 x 12
    Media room
    • Features: Hardwood
    • Level: Lower
    • Area: 240 Square Feet
    • Dimensions: 20 x 12
    Other
    • Description: Gargae
    • Features: Other
    • Level: First
    • Area: 420 Square Feet
    • Dimensions: 21 x 20
    Other
    • Description: Mud room
    • Features: Ceramic Tile
    • Level: First
    • Area: 70 Square Feet
    • Dimensions: 10 x 7
    Other
    • Description: 2nd floor bedroom closets
    • Features: Carpet
    • Level: Second
    • Area: 42 Square Feet
    • Dimensions: 6 x 7
    Other
    • Description: Screened in Porch
    • Features: Hardwood
    • Level: First
    • Area: 117 Square Feet
    • Dimensions: 13 x 9
    Workshop
    • Description: 2 car attached garage
    • Features: Other
    • Level: First
    • Area: 420 Square Feet
    • Dimensions: 21 x 20
    Heating
    • Baseboard, Fireplace(s), Hot Water, Propane, Radiant Floor
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer
    • Laundry: Lower Level
    Features
    • Granite Counters, Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Smart Light(s), Storage, Vaulted Ceiling(s), Wet Bar
    • Flooring: Carpet, Ceramic Tile, Hardwood, Wood
    • Doors: French Doors, Sliding Doors
    • Windows: Double Pane Windows, Screens
    • Basement: Exterior Entry,Finished,Full,Interior Entry,Storage Space,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Gas, Living Room, Recreation Room
    Interior area
    • Total structure area: 2,760
    • Total interior livable area: 2,760 sqft
    • Finished area above ground: 2,260
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Garage Door Opener, Heated Garage, Lighted, Off Street, Parking Lot, Paved, Private
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 2
    • Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened, Terrace
    • Exterior features: Balcony, Courtyard, Fire Pit, Garden, Lighting, Private Yard, Storage, Other
    • Has private pool: Yes
    • Pool features: Fenced, Filtered, Heated, In Ground, Outdoor Pool, Pool Cover, Private, Salt Water
    • Has view: Yes
    • View description: Garden, Meadow, Mountain(s), Pool, Rural, Trees/Woods
    Lot
    • Size: 11.23 Acres
    • Features: Back Yard, Borders State Land, Cleared, Cul-De-Sac, Front Yard, Gentle Sloping, Landscaped, Native Plants, Private, Views, Wetlands, Wooded
    • Topography: Sloping,Wetlands
    Details
    • Additional structures: Shed(s), Storage, Workshop
    • Parcel number: 50.217.000
    • Zoning: Residential
    • Horses can be raised: Yes
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Shingle Siding, Wood Siding
    • Foundation: Block, Poured
    • Roof: Asphalt
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Cable Available, Electricity Available, Internet Available, Phone Available, Water Connected

    Community & neighborhood

    Location
    • Region: Lake Placid
    • Subdivision: Placid Meadows

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $600 annually
    • Amenities included: Pond Year Round
    • Services included: Snow Removal

    Other

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

    Price history

    DateEventPrice
    6/18/2025Sold$945,000-5%$342/sqft
    Source: ACVMLS #201286 Report a problem
    5/29/2025Pending sale$995,000$361/sqft
    Source: ACVMLS #201286 Report a problem
    5/8/2025Contingent$995,000$361/sqft
    Source: ACVMLS #201286 Report a problem
    2/25/2025Price change$995,000-4.3%$361/sqft
    Source: ACVMLS #201286 Report a problem
    11/24/2024Listed for sale$1,040,000$377/sqft
    Source: ACVMLS #201286 Report a problem
    11/19/2024Contingent$1,040,000$377/sqft
    Source: ACVMLS #201286 Report a problem
    9/30/2024Price change$1,040,000-5%$377/sqft
    Source: ACVMLS #201286 Report a problem
    6/18/2024Price change$1,095,000-2.7%$397/sqft
    Source: ACVMLS #201286 Report a problem
    4/1/2024Price change$1,125,000-2.2%$408/sqft
    Source: ACVMLS #201286 Report a problem
    2/14/2024Listed for sale$1,150,000$417/sqft
    Source: ACVMLS #201286 Report a problem
    1/12/2024Listing removed--
    Source: ACVMLS #179275 Report a problem
    9/30/2023Listing removed$1,150,000$417/sqft
    Source: ACVMLS #179275 Report a problem
    9/15/2023Listed for sale$1,150,000$417/sqft
    Source: ACVMLS #179275 Report a problem
    8/16/2023Pending sale$1,150,000$417/sqft
    Source: ACVMLS #179275 Report a problem
    7/11/2023Listed for sale$1,150,000+100.2%$417/sqft
    Source: ACVMLS #179275 Report a problem
    1/29/2008Sold$574,400+313.2%$208/sqft
    Source: Public Record Report a problem
    6/24/2005Sold$139,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $850,300 +9.8%
    2024-- $774,300 +12.5%
    2023-- $688,400 +16.3%
    2022-- $592,100 +10.4%
    2021-- $536,300 +2.3%
    2020-- $524,000 +5.1%
    2019-- $498,600
    2018-- $498,600 -11%
    2017$6,853 $560,200
    2016-- $560,200
    2015-- $560,200
    2014-- $560,200
    2013-- $560,200
    2012-- $560,200
    2011-- $560,200 -3%
    2010-- $577,500
    2009-- $577,500 +5%
    2008-- $550,000

    Find assessor info on the county website

    Neighborhood: 12946

    Nearby schools

    GreatSchools rating