Lake Placid See all listings

296 Adirondack Loj Road, Lake Placid, NY 12946

$28,500,000

MLS# 201491

5 bed

7 bath

69.81 acres

15,255 sq. ft


Listing Courtesy of: Merrill L. Thomas, Inc.

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Overview

Introducing one of the most important trophy properties ever offered in the Adirondack Park—an extraordinary 70-acre estate that represents the pinnacle of our 80-year legacy in Adirondack real estate. Located along the iconic Adirondack Loj Road in Lake Placid and set beneath the Southern High Peaks, this rare offering combines breathtaking natural beauty, architectural mastery, and historical significance. The centerpiece of the estate is a 15,000-square-foot stone residence, envisioned over two decades and brought to life by European artisans using centuries-old techniques. Hand-cut stone walls, flying buttresses, and handmade bronze windows and doors evoke the romance of a European château, while offering uninterrupted views of the surrounding mountain landscape. With ten native-stone fireplaces, five bedroom suites, five bathrooms, a wine cellar, gym, and a Brunswick bowling alley, the home balances grandeur with warmth, ideal for private family enjoyment or large-scale entertaining. Outside, a cascading waterfall flows from a 5-acre, 40-foot-deep pond into a trout-filled brook that eventually joins the West Branch of the Ausable River—linking the estate to the storied Hudson River watershed. Self-sufficiency is rare among luxury mountain homes, but here a private hydroelectric dam—originally built with input from Thomas Edison—generates most of the property’s power. Once owned by Masters champion Craig Wood and later by George Holley, inventor of the Holley Carburetor, this estate is steeped in a legacy of excellence and innovation. And beyond the gates, Lake Placid awaits—offering incredible natural beauty, endless wilderness adventure in the forever wild High Peaks region, world-renowned trout fishing on the West Branch of the Ausable River, and a renewed Olympic spirit that continues to invest in sport, culture, and community. A hidden asset in the United States, Lake Placid is a place of enduring value, and this estate is its crown jewel!

Details & Amenities

Listing Details

  • MLS #: 201491
  • Status: Expired
  • Date Listed: 03-20-2024
  • Bedrooms: 5
  • Bathrooms: 7
  • Sq. Ft: 15,255
  • Acreage: 69.81
  • Seasonal Property: No
  • Listing Agent: Nicholas Politi
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Bathrooms – Full: 5
  • Bathrooms – Half: 2
  • Total Fireplaces: 10
  • Fireplace Features: Bedroom, Family Room, Great Room, Living Room, Stone
  • Basement: Concrete, Full, Storage Space
  • Heating Type: Electric, Radiant Floor, See Remarks

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Lake Placid
  • School District: Lake Placid
  • Views: Creek/Stream, Forest, Meadow, Mountain(s), Panoramic, Pasture, Pond, River, Trees/Woods, Valley, Water
  • Garage Spaces: 2
  • Lot Features: Agricultural, Borders State Land, Farm, Gentle Sloping, Landscaped, Many Trees, Meadow, Pasture, Private
  • Lot Size Area: 69.81
  • Other Structures: Barn(s), Garage(s), Outbuilding, RV/Boat Storage, Second Residence, Stable(s), Storage, Workshop
  • Patio & Porch Features: Covered, Patio, Terrace
  • Road Type: Gravel
  • Sewer: Septic Tank
  • Body of Water : Ausable West Branch
  • Waterfront Features: Pond, River Front, Stream, Waterfront
  • Frontage: 3300

Building & Construction

  • Tax Map #: 51.-1-43.110
  • Annual Taxes: $68,596
  • Year Built: 2012
  • Exterior Siding: Stone, See Remarks
  • Roof Type: Other
  • Foundation Details: Poured
  • Electric AMP: Underground, Other
  • Water Source: Well Drilled
  • Architectural Style: Other
  • Below Grade Finished Area: 5,214

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