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0 Cascade Road, Lake Placid, NY 12946

$2,400,000
Property Type: Land Lot Size (sq. ft.): 1,039,777 Status: Closed
Current Price: $2,400,000 List Date: 2/19/2024 Last Modified: 4/17/2026

Description

Located in a high visibility rare location with the ability to build many residential units or a commercial project with close proximity to the Lake Placid village and with mountain vistas. No other large parcel has these unique features and development possibilities located on this corridor leading to Main Street and just across from the horse show grounds. The access can be either off of Rt 73 Cascade Road or from Old Military Road. Formally approved by the Lake Placid town board and APA for a townhome project that included multiple duplex homes and affordable housing buildings, there are permits for a buyers review. Capture the mountain views and convenience of this location for a private residence, commercial business or a multi family project. Call for more information.

More Information MLS# 173979

Location, Tax, and Legal

Tax Annual Amount: 17229.27 Tax Assessed Value: 2008200 Land Tax Annual Amount: 7030.72 Deed Date: 2002-10-24

General Property Information

Lot Size Dimensions: 23.87 List Price/Acre: 125638.88 Sold Price/Acre: 100544.62 Lot Size Acres: 23.87

Status Change Information

Status Change Timestamp: 2026-04-16 Concessions: No Buyer Financing: Seller Financing Major Change Timestamp: 2026-04-16T19:54:24Z Major Change Type: Status Change Under Contract Date: 2026-03-26 Close Date: 2026-04-16 Close Price: 2400000

Deed Details

Instrument: deed Page: 111 Volume: 1339

Documents Available

Deed: 1 Survey: 1

Financial Details

School Taxes: 10198.55 School Taxes Description: Actual

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Few Trees: 1 Level: 1 Mountain: 1 Rolling Slope: 1 Views: 1 Wooded: 1

Road Frontage Type

Public: 1

Utilities

Cable Connected: 1 Electricity Available: 1 Internet Available: 1 Water Available: 1

View

Mountain(s): 1 Trees/Woods: 1

Current Use

Commercial: 1 Multi-Family: 1

Property Information

None: 1

Restrictions

APA Restrictions: 1

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $2,400,000 Original List Price: 2999000 Sold Price: $2,400,000 Status: Closed Listing Contract Date: 2021-07-08 Property Sub Type: Unimproved Land Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Name: Cascade Street Suffix: Road County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.4-3-6.100 Zoning: Mixed Directions: Large vacant parcel on the corner of Rt 73 Cascade Road ( across from the Horse Show Grounds ) and Old Military Road

Property Features

Current Use: Commercial; Multi-Family Documents Available: Deed; Survey Listing Terms: Cash; Conventional Lot Features: Few Trees; Level; Mountain; Rolling Slope; Views; Wooded Property Information: None Restrictions: APA Restrictions Road Frontage Type: Public Utilities: Cable Connected; Electricity Available; Internet Available; Water Available View: Mountain(s); Trees/Woods Showing Requirements: Call Listing Agent
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.