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0 Sentinel Road, Lake Placid, NY 12946

$485,000
Property Type: Land Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $485,000 List Date: 5/07/2026 Last Modified: 5/07/2026

Description

A rare opportunity to acquire six approved building lots in the heart of Lake Placid's desirable Sentinel Road corridor. This shovel ready development is approved for two townhouse buildings consisting of six total units, with infrastructure already substantially in place including paved driveway access, power, municipal water and sewer, electric, and cable. The offering is ideally positioned for a developer or investor seeking a streamlined path toward construction in one of the Adirondack Park's most sought after resort communities. The property is part of an established and active Homeowners Association alongside five existing neighboring units, helping create a cohesive and professionally maintained setting. Unlimited short term rentals are permitted with the required Village permit, offering exceptional flexibility for vacation rental investment, seasonal ownership, or resale opportunities. Located just minutes from Main Street Lake Placid, Mirror Lake, restaurants, shopping, skiing, hiking, and the Olympic venues, the location balances convenience with strong year round rental demand. Listing reflects the combined acreage, taxes, and assessments for all six lots. Tax Map IDs included are 42.272-2-4.000, 42.272-2-5.000, 42.272-2-6.000, 42.272-2-7.000, 42.272-2-8.000, and 42.272-2-9.000.

More Information MLS# 207135

Location, Tax, and Legal

Tax Annual Amount: 286.44 Land Tax Annual Amount: 118.86 Deed Date: 2006-09-11

General Property Information

List Price/Acre: 4041666.67 Lot Size Acres: 0.12

Status Change Information

Status Change Timestamp: 2026-05-07 Major Change Timestamp: 2026-05-07T12:46:15Z Major Change Type: New Listing

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Cleared: 1

Road Frontage Type

Easement: 1

Road Surface Type

Paved: 1

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Available: 1 Water Available: 1

View

Neighborhood: 1 Trees/Woods: 1

Current Use

Residential: 1

Development Status

Site Plan Approved: 1

Property Information

Right Of Way (ROW): 1

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $485,000 Original List Price: 485000 List Price: $485,000 Status: Active Listing Contract Date: 2026-05-05 Property Sub Type: Unimproved Land Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Name: Sentinel Street Suffix: Road County: Essex State: NY Postal Code: 12946 School District: Lake Placid Parcel Number: 42.272-2-4.000 Directions: Driveway next to Salt of the Earth Restaurant, diagonally across from the Corner Store on Sentinel Road.

Property Features

Current Use: Residential Development Status: Site Plan Approved Documents Available: Deed Electric: 200+ Amp Service Listing Terms: Cash; Conventional Lot Features: Cleared Property Information: Right Of Way (ROW) Road Frontage Type: Easement Road Surface Type: Paved Utilities: Cable Available; Electricity Available; Sewer Available; Water Available View: Neighborhood; Trees/Woods Showing Requirements: Call Listing Agent
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.