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MLS#205985

4833 Cascade Road, Lake Placid

$2,850,000
197.71 ac
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.
Listing courtesy of Landvest, Inc.

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Property Information

Price:
$2,850,0002850000
MLS#:
205985
Type:
Commercial
Area: Lake Placid, New York
Acres:
197.71
Zoning:
Commercial
School District:
Lake Placid
Tax Map:
52.1-1-54.100
Total Taxes:
$12,335
Year Built:
1979