For sale

$998,000

5468 Cascade Rd, Lake Placid, NY 12946

5beds

2,612sqft

Single Family Residence

Built in 1960

2 Acres Lot

$927,700 Zestimate^®

$382/sqft

$-- HOA

What's special

Private backyard

A rare opportunity to own two adjoining lots totaling approximately 2 acres, featuring a spacious 5-bedroom, 3.5-bath home with a private backyard and an additional lot offering stunning views toward Whiteface Mountain. Located just outside the Village of Lake Placid, the property offers the benefit of no Village taxes while being adjacent to the Lake Placid Horse Show Grounds and nearby athletic fields. The additional lot provides exceptional flexibility for future development--whether residential, commercial, or another use that aligns with your vision. A unique opportunity in a prime location with outstanding potential. Parcels 42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.

45 days

241

5

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: Carpet
Level: Second
Area: 1377 Square Feet
Dimensions: 153 x 9

Bedroom 5

Features: Carpet
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

$927,700

$881,000 - $974,000

$3,509/mo

Price history

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

Public tax history

Year	Property taxes	Tax 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

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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