000 Peninsula Way (Upper lots), Lake Placid, NY 12946 (MLS# 165705)

Description

Incredible 5.59 acre residential development opportunity with Lake Placid access. This beautiful wooded parcel is located in the Hamlet. This property features rolling terrain. Spectacular mountain, forest and Lake views, 40' water front ON Lake placid, close to popular Jack Rabbit Trail and Peninsula nature trails and x-country ski trails, walk to town location with close proximity to shopping and restaurants. Public water, sewer and electric roadside. Land can be subdivided. Perfect location for apartments, town homes or single family residences affording convenience to outdoor recreation and village of Lake Placid. Land. 2 lots.Full 10+ acres with water access available - MLS161452.

Location, Tax, and Legal

Tax Annual Amount: 15484.5 Tax Assessed Value: 995200 Land Tax Annual Amount: 6922.23 APA: Hamlet Deed Date: 1983-10-04

General Property Information

List Price/Acre: 232558.14 Sold Price/Acre: 147584.97 Lot Size Acres: 5.59 Waterfront YN: 1 Water Body Name: Lake Placid

Status Change Information

Status Change Timestamp: 2021-07-09 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2021-07-09T19:49:25Z Major Change Type: Status Change Under Contract Date: 2021-04-10 Close Date: 2021-07-09 Close Price: 825000

Deed Details

Instrument: Deed Page: 307 Volume: 1007

Financial Details

School Taxes: 8562.35 Village Taxes: 0

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Bluff: 1 Level: 1 Mountain: 1 Rolling Slope: 1 Steep Slope: 1 Views: 1 Waterfront: 1 Wooded: 1

Road Surface Type

Gravel: 1

Utilities

Electricity Available: 1 Internet Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1

View

Lake: 1 Mountain(s): 1 Trees/Woods: 1

Waterfront Features

Lake: 1

Current Use

Subdivision: 1

Development Status

Raw Land: 1

Property Information

None: 1

Restrictions

Restrictions YN: Yes Covenants & Guidelines: 1

Showing Requirements

Show Anytime: 1

Contract Information

Current Price: $825,000 Original List Price: 1300000 Sold Price: $825,000 Status: Closed Listing Contract Date: 2019-05-23 Property Sub Type: Unimproved Land Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 000 Street Name: Peninsula Way (Upper lots) County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.33-1-1.100 Zoning: Residential Directions: From Saranac Avenue turn onto Peninsula Rd. Follow road to the top of the hill. Acreage is located on right of the Peninsula road beyond the Quality Inn Hotel (corner triangle starts on driveway up to Hotel),

Property Features

Current Use: Subdivision Development Status: Raw Land Listing Terms: Cash; Conventional Lot Features: Bluff; Level; Mountain; Rolling Slope; Steep Slope; Views; Waterfront; Wooded Property Information: None Restrictions: Covenants & Guidelines Road Surface Type: Gravel Utilities: Electricity Available; Internet Available; Phone Available; Sewer Available; Water Available View: Lake; Mountain(s); Trees/Woods Waterfront Features: Lake Showing Requirements: Show Anytime

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