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Improved Land for Sale in Lake Placid, New York

4833 Cascade Rd, Lake Placid, NY 12946

$2,850,000
198 acres
Active
Est $14,992/mo

A rare opportunity at the entrance to Olympic Village of Lake Placid, this nearly 200-acre property combines a rich recreational legacy with development potential. Formerly the Cascade Cross-Country Ski Center, the property includes miles of ski/trail running/mountain biking trails, an 12,500+/- SF lodge with retail, restaurant, bar, ski shop, bunkhouse lodging, and two recently remodeled apartments-one a one-bedroom, one-bath; the other a two-bedroom, one-bath-each with spectacular mountain views. Set within a 200-acre boreal forest of spruce, balsam, and tamarack, the land borders state wilderness and connects directly to the Jackrabbit Trail and the Olympic trail network at Mount Van Hoevenberg. A year-round brook, beaver pond, and views into the High Peaks define the landscape. Recent improvements under current ownership have enhanced infrastructure, trail systems, and lodging facilities. Additional features include a maintenance building, ample parking for 100+ vehicles, and on-site employee housing. Ideally situated along a busy approach into the Village of Lake Placid on RT 73, the property enjoys exceptional visibility and access-just minutes from Main Street, Whiteface Mountain, High Peaks hiking and back country skiing, and the region's renowned Olympic venues. Its scale, setting, and infrastructure make it suitable for hospitality, recreation, or private use of uncommon scope and quality.

12,625
Sq feet
1979
Built

Location

Street address
4833 Cascade Rd
Community
Lake Placid
School district
Lake Placid
Elevation
1,978 feet
Coordinates
44.2371, -73.9268

Directions

From downtown Lake Placid, head northwest on Wilmington Road and turn left onto South Main Street/Sentinel Road. Continue for approximately 0.6 miles, then continue onto NY-73 East/Cascade Road. Follow NY-73 for about 4.2 miles; property is on the right.

Property details

Acreage
197.71 acres
Zoning
Commercial
MLS #
ACVMLS 205985
Posted

Property taxes

Recent
$12,335

Parcels

  • 52.1-1-54.100

Listing history

DateEventPriceChangeSource
Oct 9, 2025New listing$2,850,000ACVMLS
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This 197.71-acre property is located at 4833 Cascade Rd in Lake Placid, NY 12946. The property is available for sale for $2,850,000. It has a 12,625 sq ft structure built in 1979.

Checked 37 mins ago — Updated

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