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Lake Placid See all listings
152 Old Military Road, Lake Placid, NY 12946
$425,000
MLS# 203991
4 bed
1 bath
0.4 acres
1,854 sq. ft
Listing Courtesy of: Engel & Volkers Lake Placid Real Estate
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Overview
Exceptional Investment & Lifestyle Opportunity in Lake Placid
Discover a fully renovated four-bedroom home in the heart of Lake Placid with unlimited rental potential and an easily obtainable lodging permit. This move-in ready property has been thoughtfully updated from top to bottom—featuring a brand-new kitchen and bath, updated plumbing and electrical, new insulation, new flooring, and a freshly painted exterior.
Enjoy two new decks for outdoor living, along with a spacious, level, and private backyard ready to be transformed into your personal retreat. The two-car garage with new doors and an easy-turnaround driveway adds convenience and functionality.
Inside, a dedicated laundry room offers the option to expand with a second bathroom, while the home’s flexible layout also lends itself to a potential two-unit configuration—perfect for maximizing rental income with both short- and long-term stays.
Whether you’re looking for a primary residence, vacation getaway, or income-producing property, this home checks all the boxes. Ideally located just minutes from Lake Placid’s Olympic Village, shopping, dining, and world-class recreation—including hiking the High Peaks and skiing at Whiteface Mountain (only 15 minutes away).
Details & Amenities
Listing Details
- MLS #: 203991
- Status: Active
- Date Listed: 03-05-2025
- Bedrooms: 4
- Bathrooms: 1
- Sq. Ft: 1,854
- Acreage: 0.4
- Seasonal Property: No
- Listing Agent: Lisa Paschke
- Listing Courtesy of: Engel & Volkers Lake Placid Real Estate
Interior Features
- Bathrooms – Full: 1
- Basement: Crawl Space, Partial
- Heating Type: Baseboard, Electric
- Air-conditioning Type: None
Exterior & Lot Features
- County: Essex
- Town: Lake Placid
- Township: N Elba
- School District: Lake Placid
- Views: Neighborhood
- Garage Spaces: 2
- Lot Features: Back Yard, Front Yard, Level
- Lot Size Area: 0.4
- Other Structures: Garage(s)
- Total Parking: 5
- Road Type: Paved
- Sewer: Septic Tank
- Zoning Description: Residential
Building & Construction
- Tax Map #: 42.74-3-11.000
- Annual Taxes: $1,479
- Year Built: 1975
- Parking Features: Additional Parking, Detached Carport, Garage Faces Front, Off Street
- Exterior Siding: Wood Siding
- Roof Type: Asphalt
- Electric AMP: 150 Amp Service
- Water Source: Public
- Architectural Style: Ranch
- Home Levels: One
- Window Features: Double Pane Windows, Insulated Windows
