50-56 Alpine Lane, Lake Placid, NY 12946
Local realty services provided by:CENTURY 21 TheOne
50-56 Alpine Lane,Lake Placid, NY 12946
$2,750,000
- 11 Beds
- 7 Baths
- 4,562 sq. ft.
- Single family
- Active
Listed by: matthew preston smith, vincent mcclelland
Office: landvest, inc.
MLS#:205968
Source:NY_ACVMLS
Price summary
- Price:$2,750,000
- Price per sq. ft.:$602.81
About this home
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.
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Home facts
- Year built:1940
- Listing ID #:205968
- Added:69 day(s) ago
- Updated:December 16, 2025 at 11:50 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Living area:4,562 sq. ft.
Structure and exterior
- Year built:1940
- Building area:4,562 sq. ft.
- Lot area:7.09 Acres
Finances and disclosures
- Price:$2,750,000
- Price per sq. ft.:$602.81
- Tax amount:$14,058
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