Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property's location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Various furnishings included. Great investment opportunity!
Sold for $925,000
$925,000
58 Garden Way #4, Lake Placid, NY 12946
3beds
1,836sqft
Townhouse
Built in 1974
4,356 Square Feet Lot
$984,400 Zestimate®
$504/sqft
$2,956 Estimated rent
Home value
$984,400
Estimated sales range
Not available
$2,956/mo
Zestimate® history
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$6,418/mo
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$6,418/mo
Est. payment
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Wood burning fireplace
Zillow last checked:
Listing updated:
Listed by:
Mark Adler,
Adirondack Premier Properties Berkshire Hathaway HomeService
Bought with:
Mark Adler, 30AD0785428
Adirondack Premier Properties Berkshire Hathaway HomeService
Source: ACVMLS,MLS#: 203576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Carpet
- Level: Second
- Area: 221 Square Feet
- Dimensions: 13 x 17
Bedroom 2
- Features: Carpet
- Level: Second
- Area: 140 Square Feet
- Dimensions: 10 x 14
Bedroom 3
- Features: Carpet
- Level: Second
- Area: 160 Square Feet
- Dimensions: 10 x 16
Bedroom 3
- Description: half bathroom
- Features: Ceramic Tile
- Level: First
- Area: 25 Square Feet
- Dimensions: 5 x 5
Bathroom 1
- Features: Ceramic Tile
- Level: Second
- Area: 42 Square Feet
- Dimensions: 6 x 7
Bathroom 2
- Features: Ceramic Tile
- Level: Second
- Area: 30 Square Feet
- Dimensions: 5 x 6
Kitchen
- Features: Ceramic Tile
- Level: First
- Area: 81 Square Feet
- Dimensions: 9 x 9
Living room
- Description: livingroom & dining room
- Features: Carpet
- Level: First
- Area: 502.25 Square Feet
- Dimensions: 20.5 x 24.5
Heating
- Baseboard, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room, Main Level
Features
- Granite Counters, High Ceilings, High Speed Internet, Recessed Lighting, Storage
- Flooring: Carpet, Ceramic Tile
- Windows: Wood Frames
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
- Finished area above ground: 1,836
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Lighted, Off Street, On Site, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Lighting, Storage
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake
Lot
- Size: 4,356 Square Feet
- Features: Level, Many Trees, Near Golf Course, Views
- Topography: Level
Details
- Parcel number: 42.17627.000
- Zoning: Residential
- Other equipment: Call Listing Agent
Construction
Type & style
- Home type: Townhouse
- Architectural style: Adirondack
- Property subtype: Townhouse
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Lake Placid Club
HOA
- Has HOA: Yes
- Amenities included: Insurance, Landscaping, Maintenance, Snow Removal, Trash
- Services included: Snow Removal, Trash
- HOA fee: $206 monthly
Location
- Region: Lake Placid
Financial & listing details
- Price per square foot: $504/sqft
- Annual tax amount: $10,132
- Date on market: 12/5/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: Weekly
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $925,000-7%$504/sqft |
Source:  ACVMLS #203576 Report a problem | ||
| 3/17/2025 | Pending sale | $995,000$542/sqft |
Source: ACVMLS #203576 Report a problem | ||
| 12/5/2024 | Listed for sale | $995,000$542/sqft |
Source: ACVMLS #203576 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 12946
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Nearby schools
GreatSchools rating
- 5/10Lake Placid Elementary SchoolGrades: K-5Distance: 1.4 mi
- 6/10Lake Placid Junior Senior High SchoolGrades: 6-12Distance: 0.5 mi
- New York
- Essex County
- Lake Placid
- 12946
- 58 Garden Way Unit 4
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