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5880 Cascade Road, Lake Placid, NY 12946

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For Sale

$765,000

4 beds • 2 baths • 2,150 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $355.81
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This rare offering brings endless possibilities with two striking buildings on 0.2 acres, plus an additional 0.3-acre natural buffer along the McKenzie Brook for a private setting that feels tucked away, yet is right in Lake Placid's Gateway Corridor. The result is a versatile property that blends industrial edge, barndominium character, and modern farmhouse warmth into something entirely unique. The back residence, a 1,250 sq. ft., two-bedroom, one-bath home is a study in rustic elegance. Reclaimed barn wood walls, polished concrete floors, exposed beams, and brand-new Andersen windows and doors create a space that feels both grounded and light-filled. Two levels of glass-railed decks (500 sq. ft. total) connect you to the outdoors and the sound of the babbling brook below, offering the perfect perch for morning coffee or evening gatherings in every season. Being sold turnkey equally suited for a primary residence, guest retreat, or income-producing rental from day one. The front building, facing Cascade Road, is where vision meets possibility. A 900 sq. ft., two-story clear-span design means no interior load-bearing walls. The first floor can become anything you imagine. The heavy lifting is done: new roof, siding, windows, electrical, and plumbing are already in place. All that's left is to shape the interior to your style, whether that's a loft-like 2-bedroom, 1-bath residence, an artist's studio, a boutique retail space, or a hybrid live/work environment. Remaining renovations can be completed by the seller to suit the buyer's needs for an additional fee. The location is ideal and just minutes to world-class skiing, hiking trails, restaurants, and year-round events, yet with the quiet of your own private corner of the Adirondacks. A rare chance to combine immediate occupancy with long-term vision to create your ultimate retreat or business venture. With a short-term lodging permit, both units can be rented for unlimited nights throughout the year!
MLS# 205632

Courtesy Of The Reynolds Group of Lake Placid, LLC

(518) 418-7747

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Patio
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Wood Siding
  • Floor Covering
    Concrete, Vinyl
  • Lot Size
    0.5 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 5880 Cascade Road, Lake Placid, NY 12946

Home seller CENTURY 21 TheOne

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 TheOne

(518) 563-7350
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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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