Set back from River Road on 1.73 wooded acres, 506 River Road is a thoughtfully improved, approximately 1,200-square-foot, three-bedroom, two-and-a-half-bath Adirondack home offering privacy, mountain views, and an elevated ridge setting just five miles from Main Street in Lake Placid.
The main level is designed for easy everyday living, with an open floor plan and natural woodwork creating a warm, relaxed interior. The living room centers around a propane stove, while the updated kitchen and dining area flow naturally into the surrounding spaces. A large sliding glass door opens to the expansive deck, while double doors from the first-floor primary bedroom lead to a screened porch, extending the living areas outdoors and taking advantage of the ridge setting and mountain views.
The finished walk-out lower level provides two additional bedrooms, a full bath, den, and flexible recreation space, with a covered lower patio directly outside.
Major improvements include a new roof, deep drilled well with upgraded water treatment system, paved driveway, and updates to the septic leach lines. A 10-by-20-foot Amish-built shed provides valuable additional storage.
Mature trees provide privacy, while the landscaped grounds, deck, screened porch, covered patio, and fire pit offer several ways to enjoy the property's open mountain views. Ductless cooling adds year-round comfort.
The location also provides exceptional access to outdoor recreation. World-class trout fishing on the West Branch of the Ausable River is just steps from the foot of the driveway, while River Road is part of a popular road-cycling loop with easy access to the Ironman Lake Placid bike course. Nearby access to the Jackrabbit Trail connects to mountain biking at Craig Wood and Scott's Cobble, with the Lussi trails also easily reached from the property.
For sale
$995,000
506 River Rd, Lake Placid, NY 12946
3beds
1,226sqft
Single Family Residence
Built in 1965
1.73 Acres Lot
$-- Zestimate®
$812/sqft
$-- HOA
What's special
New roofFinished walk-out lower levelMature trees provide privacyOpen floor planCovered patioUpdated kitchenElevated ridge setting
- 48 days
- 1,081
- 81
Zillow last checked:
Listing updated:
Listed by:
The Reynolds Group of Lake Placid, LLC 518-418-7747,
Ben Breckenridge
Source: ACVMLS,MLS#: 208140
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 225 Square Feet
- Dimensions: 15 x 15
Bedroom 2
- Level: Lower
- Area: 156 Square Feet
- Dimensions: 12 x 13
Bedroom 3
- Level: Lower
- Area: 72 Square Feet
- Dimensions: 8 x 9
Primary bathroom
- Level: Upper
- Area: 64 Square Feet
- Dimensions: 8 x 8
Bathroom
- Description: Half Bath
- Level: Upper
- Area: 25 Square Feet
- Dimensions: 5 x 5
Bathroom
- Description: Full Bath
- Level: Lower
- Area: 56 Square Feet
- Dimensions: 7 x 8
Den
- Level: Lower
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Level: Upper
- Area: 288 Square Feet
- Dimensions: 16 x 18
Living room
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14 x 14
Heating
- Baseboard, Electric, Propane, Propane Stove
Cooling
- Ductless
Appliances
- Included: Dishwasher, Gas Range, Oven, Refrigerator
- Laundry: In Basement
Features
- Kitchen Island, Natural Woodwork, Pantry
- Doors: French Doors
Interior area
- Total structure area: 1,290
- Total interior livable area: 1,226 sqft
- Finished area above ground: 1,226
- Finished area below ground: 0
Property
Parking
- Parking features: Circular Driveway, Parking Pad, Paved
Features
- Levels: Two
- Patio & porch: Deck, Screened
- Has view: Yes
- View description: Forest, Mountain(s), Rural
Lot
- Size: 1.73 Acres
- Features: Borders State Land, Garden, Many Trees, Views
Details
- Additional structures: Shed(s)
- Parcel number: 43.326.100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Asphalt
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Well Drilled
- Utilities for property: Electricity Connected, Internet Connected, Water Connected, Propane
Community & HOA
Location
- Region: Lake Placid
Financial & listing details
- Price per square foot: $812/sqft
- Tax assessed value: $674,700
- Annual tax amount: $6,331
- Date on market: 8/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Lease term: Short Term Lease
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $995,000+67.2%$812/sqft |
Source:  ACVMLS #208140 Report a problem | ||
| 9/15/2022 | Sold | $595,000$485/sqft |
Source: ACVMLS #176592 Report a problem | ||
| 6/24/2022 | Pending sale | $595,000$485/sqft |
Source: ACVMLS #176592 Report a problem | ||
| 6/24/2022 | Listed for sale | $595,000$485/sqft |
Source: ACVMLS #176592 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $674,700 +5% |
| 2024 | -- | $642,600 +8% |
| 2023 | -- | $595,000 +45.2% |
| 2022 | -- | $409,800 +7.7% |
| 2021 | -- | $380,600 +10.4% |
| 2020 | -- | $344,600 |
| 2019 | -- | $344,600 |
| 2018 | -- | $344,600 +95% |
| 2017 | $2,228 | $176,700 |
| 2016 | -- | $176,700 |
| 2015 | -- | $176,700 |
| 2014 | -- | $176,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12946
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