Lake Placid See all listings

16 Waters Edge Way, Lake Placid, NY 12946

$1,695,000

MLS# 177445

5 bed

4 bath

0.1 acres

3,018 sq. ft


Listing Courtesy of: Merrill L. Thomas, Inc.

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Overview

This spacious 5 bedroom unit offers a rare opportunity to own on Lake Placid lake.Terrific location and walking distance to most village amenities. Ownership includes a private boat slip. Situated in the convenient and tasteful Water’s Edge Condominium Complex. 2.85 acres of common land with 260 feet of shoreline including a sand beach, heated pool, secure swim area and boat docks. Residence has a large attached 2 car heated garage.Beautifully maintained site with paved access road and parking. Assessment and taxes reflect a special ad valorem levy for qualified leasehold condominiums whereby units are assessed at a percentage of market value which is a beneficial tax savings. Strong rental history being offered turn-key with most all furnishings.

Details & Amenities

Listing Details

  • MLS #: 177445
  • Status: Closed
  • Date Listed: 10-06-2022
  • Bedrooms: 5
  • Bathrooms: 4
  • Sq. Ft: 3,018
  • Acreage: 0.1
  • Closing Date: 2023-05-04
  • Closing Price: $1,535,000
  • Seasonal Property: No
  • Listing Agent: Robert (Roby) Politi
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Bathrooms – Full: 4
  • Total Fireplaces: 1
  • Fireplace Features: Gas Log, Insert, Living Room, Propane
  • Basement: None
  • Heating Type: Baseboard, Electric
  • Air-conditioning Type: None

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Lake Placid
  • Township: N Elba
  • School District: Lake Placid
  • Views: Lake, Mountain(s), Neighborhood, Water
  • Garage Type: 2
  • Garage Spaces: 2
  • Lot Features: Landscaped, Level
  • Lot Size Area: 0.1
  • Pool Features: Above Ground
  • Road Type: Paved
  • Body of Water : Lake Placid
  • Waterfront Features: Deeded Waterfront, Lake
  • Zoning Description: Residential

Building & Construction

  • Tax Map #: 42.126-3-1.000/21
  • Annual Taxes: $9,040
  • Year Built: 2001
  • Association Amenities: Pool, Recreation Facilities
  • Parking Features: Driveway, Paved
  • Exterior Siding: Wood Siding
  • Roof Type: Asphalt
  • Foundation Details: Slab
  • Electric AMP: 200+ Amp Service
  • Architectural Style: Other
  • Home Levels: Multi/Split, Two
  • Window Features: Double Pane Windows

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