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For sale
  • $998,000

    5468 Cascade Rd, Lake Placid, NY 12946

    5beds
    2,612sqft
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    Single Family Residence
    Built in 1960
    2 Acres Lot
    $938,500 Zestimate®
    $382/sqft
    $-- HOA

    What's special

    Unforgettable sunsetsCharming vintage homeDirect trail accessSpectacular adirondack sunsetsMountain views
    Rare 2-acre Lake Placid offering with Whiteface Mountain views from both the home and adjoining parcel, spectacular Adirondack sunsets, unlimited vacation rental potential, and a buildable 1.60-acre lot with views of the iconic Olympic Ski Jumps. Direct trail access, adjacent to the Lake Placid Horse Show Grounds, village water, and no village taxes complete this exceptional Adirondack opportunity. The charming vintage home sits on a 0.40-acre parcel and offers exceptional flexibility as a year-round residence, vacation retreat, or investment property for vacation rentals. The adjoining 1.60-acre parcel provides an ideal setting for a future dream home, guest house, or expansion. Outdoor enthusiasts will appreciate direct access to a 1.85-mile cross-country ski and hiking trail connecting to the Bridle Trail and renowned Jackrabbit Trail system, with the Ausable River, McKenzie Mountain, and Sentinel Range nearby. Enjoy a front-row seat to the prestigious Lake Placid and I Love NY Horse Shows and watch planes arrive and depart from nearby Lake Placid Airport against a stunning mountain backdrop. Recent improvements include a new 1,000-gallon septic tank (2021), propane furnace (2022), and mini-split system. Natural buffer areas on both sides provide additional privacy. A truly unique property offering mountain views, unforgettable sunsets, recreation, investment flexibility, and future development potential. Parcels 42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.
    4 hours
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    195
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Engel & Volkers Lake Placid Real Estate 518-523-4404,

    Brenda Goulette

    Source: ACVMLS,MLS#: 207644MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Bedroom 1
      • Features: Hardwood
      • Level: First
      • Area: 9648 Square Feet
      • Dimensions: 134 x 72
      Bedroom 2
      • Features: Hardwood
      • Level: First
      • Area: 117370 Square Feet
      • Dimensions: 1,210 x 97
      Bedroom 3
      • Features: Hardwood
      • Level: First
      • Area: 17688 Square Feet
      • Dimensions: 134 x 132
      Bedroom 4
      • Features: Hardwood
      • Level: Second
      • Area: 1377 Square Feet
      • Dimensions: 153 x 9
      Bedroom 5
      • Features: Hardwood
      • Level: Second
      • Area: 128310 Square Feet
      • Dimensions: 1,410 x 91
      Bathroom 2
      • Description: full bath
      • Features: Ceramic Tile
      • Level: First
      • Area: 603 Square Feet
      • Dimensions: 9 x 67
      Bathroom 3
      • Features: Ceramic Tile
      • Level: Second
      • Area: 62370 Square Feet
      • Dimensions: 810 x 77
      Bonus room
      • Features: Carpet
      • Level: Second
      • Area: 30600 Square Feet
      • Dimensions: 225 x 136
      Dining room
      • Features: Hardwood
      • Level: First
      • Area: 1742 Square Feet
      • Dimensions: 134 x 13
      Kitchen
      • Features: Vinyl
      • Level: First
      • Area: 25428 Square Feet
      • Dimensions: 163 x 156
      Laundry
      • Description: laundry & half bath
      • Features: Vinyl
      • Level: First
      • Area: 5280 Square Feet
      • Dimensions: 96 x 55
      Living room
      • Features: Hardwood
      • Level: First
      • Area: 4247 Square Feet
      • Dimensions: 31 x 137
      Other
      • Description: mudroom
      • Features: Ceramic Tile
      • Level: First
      • Area: 12551 Square Feet
      • Dimensions: 163 x 77
      Heating
      • Propane
      Appliances
      • Included: Built-In Electric Oven, Dishwasher, Electric Water Heater
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,612
      • Total interior livable area: 2,612 sqft
      • Finished area above ground: 2,612
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 7
      • Parking features: Additional Parking, Deck, Driveway
      • Garage spaces: 1
      • Uncovered spaces: 6
      Accessibility
      • Accessibility features: Accessible Approach with Ramp
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Fencing: Back Yard,None
      • Has view: Yes
      • View description: Mountain(s), Trees/Woods
      Lot
      • Size: 2 Acres
      Details
      • Parcel number: 42.4429.100

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Old Style
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Roof: Metal
      Condition
      • Fixer
      • New construction: No
      • Year built: 1960

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Lake Placid

      Financial & listing details

      • Price per square foot: $382/sqft
      • Tax assessed value: $371,100
      • Annual tax amount: $1,600
      • Date on market: 6/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Lease term: Short Term Lease
      • Electric utility on property: Yes

        Estimated market value

        $938,500

        $892,000 - $985,000

        $2,779/mo

        Price history

        DateEventPrice
        6/23/2026Listed for sale$998,000$382/sqft
        Source: ACVMLS #207644 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $371,100 +5%
        2024-- $353,400 +8.6%
        2023-- $325,500 +20.1%
        2022-- $271,000 +5.5%
        2021-- $256,800 +2.1%
        2020-- $251,400 -4.3%
        2019-- $262,600 +4.8%
        2018-- $250,500 +26.1%
        2017$2,056 $198,700
        2016-- $198,700
        2015-- $198,700 +156.1%
        2014-- $77,600

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12946

        Getting around

        3 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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