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Land with Home for Sale in Lake Placid, New York

5468 Cascade Rd, Lake Placid, NY 12946

$998,000
2 acres
Active sale
ago
Est $5,232/mo

Rare 2-acre Lake Placid offering with Whiteface Mountain views from both the home and adjoining parcel, spectacular Adirondack sunsets, unlimited vacation rental potential, and a buildable 1.60-acre lot with views of the iconic Olympic Ski Jumps. Direct trail access, adjacent to the Lake Placid Horse Show Grounds, village water, and no village taxes complete this exceptional Adirondack opportunity. The charming vintage home sits on a 0.40-acre parcel and offers exceptional flexibility as a year-round residence, vacation retreat, or investment property for vacation rentals. The adjoining 1.60-acre parcel provides an ideal setting for a future dream home, guest house, or expansion. Outdoor enthusiasts will appreciate direct access to a 1.85-mile cross-country ski and hiking trail connecting to the Bridle Trail and renowned Jackrabbit Trail system, with the Ausable River, McKenzie Mountain, and Sentinel Range nearby. Enjoy a front-row seat to the prestigious Lake Placid and I Love NY Horse Shows and watch planes arrive and depart from nearby Lake Placid Airport against a stunning mountain backdrop. Recent improvements include a new 1,000-gallon septic tank (2021), propane furnace (2022), and mini-split system. Natural buffer areas on both sides provide additional privacy. A truly unique property offering mountain views, unforgettable sunsets, recreation, investment flexibility, and future development potential. Parcels 42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.

2,612
Sq feet
5
Beds
2
Full baths
1
1/2 bath
1960
Built

Location

Street address
5468 Cascade Rd
Zip code
12946
Community
Lake Placid
School district
Lake Placid
Elevation
1,755 feet
Coordinates
44.2596, -73.9646

Directions

From Route 73 heading toward Keene, the property is located directly across from the Olympic Ski Jump parking area. Look for the sign on the left. Easy access with excellent proximity to the Olympic venues, hiking trails, and the Ausable River.

Property details

Acreage
2 acres
MLS #
ACVMLS 207644
Posted

Property taxes

Recent
$1,600

Parcels

  • 42.4-4-29.100

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Engel & Völkers

Exterior

Parking Spaces
6
Parking
Driveway
Pool
Deck

Structure

Stories
2
Water
Public
Sewer
Private Sewer, Septic Tank
Heating
Propane
Materials
Wood Siding
Roof
Metal

Interior

Room Count
13
Rooms
Bathroom x 3, Bedroom x 5, Dining Room
Flooring
Hardwood
Appliances
Built-In Electric Oven, Dishwasher, Electric Water Heater
Accessibility
Accessible Approach With Ramp

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
June 23, 2026New listing$998,000ACVMLS
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This 2-acre property is located at 5468 Cascade Rd in Lake Placid, NY 12946. The property is available for sale, priced at $998,000. It has a 2,612 square foot 5-bedroom, 2.5-bath house built in 1960.

Listed by Engel & Volkers Lake Placid Real Estate, (518) 523-4404

Checked 1 hour agoUpdated Source

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