Lake Placid See all listings

58 Garden Way, 4, Lake Placid, NY 12946

$995,000

MLS# 203576

3 bed

3 bath

0.1 acres

1,836 sq. ft


Listing Courtesy of: Adirondack Premier Properties Berkshire Hathaway HomeService

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Overview

Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property’s location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Various furnishings included. Great investment opportunity!

Details & Amenities

Listing Details

  • MLS #: 203576
  • Status: Active
  • Date Listed: 12-05-2024
  • Bedrooms: 3
  • Bathrooms: 3
  • Sq. Ft: 1,836
  • Acreage: 0.1
  • Seasonal Property: No
  • Listing Agent: Mark Adler
  • Listing Courtesy of: Adirondack Premier Properties Berkshire Hathaway HomeService

Interior Features

  • Bathrooms – Full: 2
  • Bathrooms – Half: 1
  • Total Fireplaces: 1
  • Fireplace Features: Living Room, Wood Burning
  • Heating Type: Baseboard, Electric
  • Air-conditioning Type: Central Air

Exterior & Lot Features

  • Area: Lake Placid Club
  • County: Essex
  • Town: Lake Placid
  • Township: N Elba
  • School District: Lake Placid
  • Views: Lake, Trees/Woods
  • Lot Features: Level, Many Trees, Near Golf Course, Views
  • Lot Size Area: 0.1
  • Patio & Porch Features: Deck
  • Road Type: Paved
  • Sewer: Public Sewer
  • Zoning Description: Residential

Building & Construction

  • Tax Map #: 42.176-2-7.000
  • Annual Taxes: $10,133
  • Year Built: 1974
  • Association Amenities: Insurance, Landscaping, Maintenance, Snow Removal, Trash
  • Parking Features: Driveway, Lighted, Off Street, On Site, Parking Lot
  • Exterior Siding: Wood Siding
  • Roof Type: Asphalt
  • Electric AMP: 200+ Amp Service
  • Water Source: Public
  • Architectural Style: Adirondack
  • Home Levels: Two
  • Window Features: Wood Frames