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50-56 Alpine Lane, Lake Placid, NY 12946

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For Sale

$2,750,000

11 beds • 6 baths • 1 half baths • 4,562 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $602.81
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Set along the gateway corridor between Lake Placid and Whiteface, this Village of Lake Placid property offers one of the rarest combinations of proven income, prime visibility, and development potential in the Adirondack Park. The parcel, which has 4.77 acres in the Village of Lake Placid and 2.32 in the town of North Elba, sits at the gateway to Main Street, with year-round access to the High Peaks, Whiteface Mountain, and the lakes that draw visitors in every season. Its river frontage and adjacency to Power Pond Park further enhance its value, connecting directly to extensive recreational trail systems while remaining within walking distance of the village center. The property is anchored by three short-term rental units that have generated consistent returns for decades: a five-bedroom residence, a two-unit duplex, and a one-bedroom cottage. This established cash flow provides stability for an investor while laying the foundation for a more ambitious project. The development potential is where this property truly distinguishes itself. Classified Hamlet by the Adirondack Park Agency, a high-density, mixed-use zoning distinction, it is ideally suited for multi-family housing, a boutique commercial venture, or a larger Planned Unit Development. Favorable local and state policies encourage precisely this type of investment in designated service centers, and the infrastructure-utilities, access, and cleared building areas-is already in place. Mountain vistas, river frontage, and adjacency to Power Pond Park add marketability and long-term value to any project envisioned here. For developers and business leaders, this is a rare opportunity to secure a site with scale, flexibility, and immediate market presence in Lake Placid's most strategic growth corridor.
MLS# 205968

Courtesy Of Landvest, Inc.

(518) 576-2297

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Heating System
    Baseboard
  • Lot Size
    7.09 Acres

Map and Directions

Directions to 50-56 Alpine Lane, 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.