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Sold for $470,000
  • $470,000

    7 Terrace Way, Lake Placid, NY 12946

    2beds
    1,066sqft
    Single Family Residence
    Built in 1960
    1.37 Acres Lot
    $500,400 Zestimate®
    $441/sqft
    $2,121 Estimated rent

    Home value

    $500,400

    $435,000 - $565,000

    $2,121/mo

    Zestimate® history
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    $3,098/mo

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    What's special

    Enjoy this 2-bedroom, 2-bath cottage tucked away just outside the charming Village of Lake Placid, in the coveted Cobble Hill neighborhood. Offering both privacy and convenience, it's a true gem. As you enter the home, you'll be welcomed by vaulted ceilings, a wood-burning fireplace, and views of nature, creating a warm and inviting atmosphere. One of the standout features of this property is the screen porch, providing unmatched privacy and tranquility. Whether you seek a moment to relax or unwind, this screened sanctuary will quickly become your favorite retreat. The property is situated on 1.37 acres conveniently situated within walking distance to Mirror Lake Drive, Northwood School, and Main St. This location offers easy access to a host of amenities and activities. Further, the property borders the Cobble Hill walking trail system making it a great way to start or finish your day. This Offering is priced to sell at $495,000, 'AS IS'. There are NEW ROOFS on the cabin and garage. Shorts term rentals allowed here! A great asset to the property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Zowie Lucas,

    Merrill L. Thomas, Inc.

    Bought with:

    Peter J. Whitbeck, 10311207656

    Coldwell Banker Whitbeck Assoc. Plattsburgh

    Source: ACVMLS,MLS#: 200091MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Bedroom 1
    • Features: Carpet
    • Level: First
    • Area: 120.75 Square Feet
    • Dimensions: 11.5 x 10.5
    Bedroom 2
    • Description: There are 2 single beds in this bedroom
    • Features: Carpet
    • Level: First
    • Area: 120.75 Square Feet
    • Dimensions: 11.5 x 10.5
    Bathroom 1
    • Description: Stackable washer/dryer in closet
    • Features: Linoleum
    • Level: First
    • Area: 60 Square Feet
    • Dimensions: 8 x 7.5
    Bathroom 2
    • Description: Shower/ Tub combination
    • Features: Linoleum
    • Level: First
    • Area: 40 Square Feet
    • Dimensions: 8 x 5
    Kitchen
    • Features: Linoleum
    • Level: First
    • Area: 137.5 Square Feet
    • Dimensions: 12.5 x 11
    Living room
    • Description: Living, Dining Combined/Open Concept
    • Features: Natural Woodwork
    • Level: First
    • Area: 310.5 Square Feet
    • Dimensions: 23 x 13.5
    Other
    • Description: Covered Screened in Side Porch
    • Features: Natural Woodwork
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Other
    • Description: Entranceway
    • Features: Carpet
    • Level: First
    • Area: 38.5 Square Feet
    • Dimensions: 7 x 5.5
    Heating
    • Baseboard, Electric, Fireplace(s), Wood
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Water Heater, Free-Standing Electric Range, Washer/Dryer Stacked
    • Laundry: Electric Dryer Hookup, In Bathroom, Washer Hookup
    Features
    • High Speed Internet, Open Floorplan
    • Flooring: Carpet, Linoleum, Wood
    • Windows: Double Pane Windows
    • Basement: Block,Crawl Space,Exterior Entry
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,066
    • Total interior livable area: 1,066 sqft
    • Finished area above ground: 1,066
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Outside
    • Garage spaces: 1
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Patio & porch: Covered, Deck, Screened, Side Porch
    • Exterior features: Rain Gutters
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 1.37 Acres
    • Features: Many Trees, Secluded, Wooded
    Details
    • Additional structures: Garage(s)
    • Parcel number: 42.4328.000
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cabin,Camp,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Private Sewer, Unknown
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Available, Internet Connected, Water Available, Separate Water Heater(s)

    Community & neighborhood

    Location
    • Region: Lake Placid
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/19/2024Sold$470,000-5.1%$441/sqft
    Source: ACVMLS #200091 Report a problem
    2/14/2024Pending sale$495,000$464/sqft
    Source: ACVMLS #200091 Report a problem
    2/2/2024Listed for sale$495,000-16.8%$464/sqft
    Source: ACVMLS #200091 Report a problem
    1/15/2024Listing removed--
    Source: ACVMLS #200091 Report a problem
    12/5/2023Price change$595,000-14.4%$558/sqft
    Source: ACVMLS #200091 Report a problem
    7/31/2023Price change$695,000-4.1%$652/sqft
    Source: ACVMLS #200091 Report a problem
    7/26/2023Listed for sale$725,000$680/sqft
    Source: ACVMLS #200091 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 12946

    Nearby schools

    GreatSchools rating