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MLS#203991

152 Old Military Road, Lake Placid

$425,000
4
1
1,104 sqft
0.40 ac
Exceptional Investment & Lifestyle Opportunity in Lake PlacidDiscover a fully renovated four-bedroom home in the heart of Lake Placid with unlimited rental potential and an easily obtainable lodging permit. This move-in ready property has been thoughtfully updated from top to bottom--featuring a brand-new kitchen and bath, updated plumbing and electrical, new insulation, new flooring, and a freshly painted exterior.Enjoy two new decks for outdoor living, along with a spacious, level, and private backyard ready to be transformed into your personal retreat. The two-car garage with new doors and an easy-turnaround driveway adds convenience and functionality.Inside, a dedicated laundry room offers the option to expand with a second bathroom, while the home's flexible layout also lends itself to a potential two-unit configuration--perfect for maximizing rental income with both short- and long-term stays.Whether you're looking for a primary residence, vacation getaway, or income-producing property, this home checks all the boxes. Ideally located just minutes from Lake Placid's Olympic Village, shopping, dining, and world-class recreation--including hiking the High Peaks and skiing at Whiteface Mountain (only 15 minutes away).
Listing courtesy of Engel & Volkers Lake Placid Real Estate

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Property Information

Price:
$425,000425000
MLS#:
203991
Type:
Residential
Area: Lake Placid, New York
Acres:
0.40
Zoning:
Residential
School District:
Lake Placid
Tax Map:
42.74-3-11.000
Total Taxes:
$1,479
Style:
Ranch
Year Built:
1975
SQFT:
1,104
Seasonal:
Yes
Stories:
1
Beds:
4
Baths:
1
Garage / Carport:
Yes
Heating:
Baseboard, Electric
Cooling:
None
Electrical:
150 Amp Service