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22 Otter Way, Lake Placid, NY 12946

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For Sale

$650,000

5 beds • 2 baths • 1 half baths • 3,290 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $197.57
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

Welcome to this charming property in the highly sought-after Otter Landing development on the Chubb River in Lake Placid. This spacious raised ranch boasts nearly 3300 square feet of living space. This house features 5 bedrooms, 2.5 bathrooms, and 2 full kitchens and is perfect for hosting gatherings or accommodating extended family. Recent upgrades include recently remodeled bathrooms and new flooring throughout. The handicap-accessible basement is equipped with a full second kitchen, spacious living room, a half-bath that can convert to a full bath, and a private entrance, making it ideal for conversion into a self-contained apartment for guests or rental income. Outside, enjoy two spacious yards surrounded by mature hardwoods and views of the Chubb River off the back deck. Perfect for entertaining, the property features a 14x14 fenced-in patio with a fire pit, an 8-person hot tub nestled within a privacy fence, and a custom-built 10x8 shed/dog house. The front yard presents an opportunity with two separate lot lines, allowing for the potential construction of unattached garage(s) that could provide long-term apartment rental income. Don't miss your opportunity to own this exceptional property, offering a blend of comfort, convenience, and income potential.
MLS# 201510

Courtesy Of Merrill L. Thomas, Inc.

(518) 523-2519

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Lawn, Water Front
  • Appliances
    Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator
  • Architecture Style
    Ranch
  • Exterior Type
    Brick Veneer, Vinyl Siding
  • Floor Covering
    Carpet, Laminate, Vinyl, Wood
  • Heating Fuel
    Oil
  • Heating System
    Baseboard
  • Lot Size
    0.94 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Half Bath
  • View Type
    River

Map and Directions

Directions to 22 Otter Way, Lake Placid, NY 12946

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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