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.
For sale
$998,000
5468 Cascade Rd, Lake Placid, NY 12946
5beds
2,612sqft
Single Family Residence
Built in 1960
2 Acres Lot
$910,200 Zestimate®
$382/sqft
$-- HOA
What's special
Private backyard
- 94 days
- 486
- 6
Zillow last checked:
Listing updated:
Listed by:
Engel & Volkers Lake Placid Real Estate 518-523-4404,
Brenda Goulette
Source: ACVMLS,MLS#: 207644
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
$910,200
$865,000 - $956,000
$3,367/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
Climate risks
Neighborhood: 12946
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