A truly once-in-a-lifetime offering in the Adirondack Park. This is the sale of a multi-parcel land holding on Lake Placid. Tax Map Parcels # 33.00-2-12.000, 33.00-2-14.000 and 33.14-1-2.000 are part of the main parcel comprising 151 acres and 2210 feet of shoreline. There are numerous seasonal cottages and buildings on-site including several boathouses with a total of 5 boat slips. Most of the structures are original in nature with the exception of an updated kitchen building. There are also 2 additional parcels included in this offering, # 33.15-2-3.000 which is a small vacant parcel on Buck Island and tax map parcel # 33.18-1-4.100, a vacant lot with a small dock located adjoining the Lake Placid Lodge property. The parcel (33.18-1-4.100) is subject to a right of first refusal which benefits the owners of the Whiteface Club and Resort.
The total assessment for all parcels is $8,100,000 and the total taxes are $106,377. The main camp parcel will be subject to a restrictive covenant prohibiting residential development of the property. There is also a life estate granted for use of one of the small residential cottages at the southerly side of the property. This is a special property with great views and lots of lake frontage. Property is offered for sale in its entirety and will not be sold in individual parcels at this time.
McCutchen has been summering at Lake Placid since he was a child. His grandfather, Charles Walter McCutchen (1845- 1930), a partner in the export flour merchant Holt & Co., bought Camp Pinafore from prominent Brooklyn businessman Edward B. Bartlett in 1894, changing the camp's name to Asulykit, a cheerful, if obscure, rendering of Shakespeare's "As You Like It." (McCutchen's grandmother was a member of the Shakespeare Society of Plainfield, N.J., where the McCutchens were well-known citizens.) Picture