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16 Rustic Way #2, Lake Placid, NY 12946

$560,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,215 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $560,000 List Date: 5/20/2020 Last Modified: 3/03/2025

Description

Cottontail Cove is a stunning custom built Balsams Adirondack rustic style town home with three floors of living being sold fully furnished. The open floor plan includes a chefs kitchen with granite and stainless appliances, cathedral ceiling great room w/ stone fireplace, dining area and a large screen porch. Enjoy the deck off the porch and a lower level stone patio for extended outdoor living. Wooded privacy in the back yard adjacent to trails for hiking and cross country skiing. Each bedroom has it's full bathroom and the upper level also has a sitting loft. The lower walk out level has a bedroom with a full bathroom, office, TV/family room and an entrance to the private stone patio. The furnishings being included are all high end and custom Adirondack decor for a 'turn key' opportunity. This town home has excellent vacation rental history w/ 5 star ratings and repeat tenants One car heated garage w/ built-in ski racks. Main Street shops and restaurants are 5 minutes away.

More Information MLS# 169348

Location, Tax, and Legal

Tax Annual Amount: 5475 Tax Assessed Value: 426600 Land Tax Annual Amount: 2443 Deed Date: 2016-01-25

General Property Information

Seasonal Property YN: No Lot Size Dimensions: .04 Stories Total: 3 Fireplace YN: Yes Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Above Grade Finished Area: 1815 Below Grade Finished Area: 400 Building Area Total: 2215 Living Area: 2215 Year Built: 2007 Garage YN: 1 Carport YN: 1 Carport Spaces: 2 Lot Size Acres: 0.04 Association YN: 1 Association Fee: 384 Water Body Name: None

Status Change Information

Status Change Timestamp: 2020-11-10 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2020-11-10T22:44:36Z Major Change Type: Status Change Under Contract Date: 2020-08-08 Close Date: 2020-11-10 Close Price: 560000

Appliances

Dishwasher: 1 Dryer: 1 Gas Cooktop: 1 Gas Oven: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Architectural Style

Adirondack: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1 Maintenance Structure: 1 Snow Removal: 1 Trash: 1

Basement

Exterior Entry: 1 Finished: 1 Full: 1 Walk-Out Access: 1

Common Walls

2+ Common Walls: 1

Construction Materials

Wood Siding: 1

Cooling

Wall Unit(s): 1

Deed Details

Instrument: deed Page: 280 Volume: 1824

Documents Available

Deed: 1 Property Condition: 1

Door Features

French Doors: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 3032

Fireplace Features

Gas Log: 1 Living Room: 1 Masonry: 1 Fireplaces Total: 1

Heating

Baseboard: 1 Electric: 1 Radiant Floor: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 High Speed Internet: 1 Vaulted Ceiling(s): 1

Levels

Three Or More: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Few Trees: 1 Landscaped: 1 Level: 1 Many Trees: 1

Parking Features

Deck: 1

Patio And Porch Features

Covered: 1 Enclosed: 1 Porch: 1 Screened: 1

Pets Allowed

Yes: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Security Features

Carbon Monoxide Detector(s): 1 Security System: 1 Smoke Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Internet Available: 1 Sewer Connected: 1 Water Connected: 1 Underground Utilities: 1

View

Neighborhood: 1 Trees/Woods: 1

Window Features

Insulated Windows: 1 Wood Frames: 1

Showing Requirements

Call Listing Agent: 1

Room Types

Basement: 1 Bathroom: 1 Bathroom Level: Second Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Basement Den: 1 Dining Room: 1 Dining Room Level: First Game Room: 1 Great Room: 1 Great Room Level: Basement Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Other Room: 1 Other Room Level: First Primary Bathroom: 1 Primary Bedroom: 1 Primary Bedroom Level: Second Utility Room: 1 Utility Room Level: Basement

Contract Information

Current Price: $560,000 Original List Price: 599000 Sold Price: $560,000 Status: Closed Listing Contract Date: 2020-05-20 Property Sub Type: Condominium Listing Agreement: Exclusive Right To Sell Occupant Type: Vacant

Location Tax and Legal

Street Number: 16 Street Name: Rustic Way #2 County: Essex State: NY Postal Code: 12946 Subdivision Name: The Balsams MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.74-6-10.000 Zoning: Residential Directions: Old Military to Balsams Townhomes, drive straight back to last building #16 Rustic

Property Features

Appliances: Dishwasher; Dryer; Gas Cooktop; Gas Oven; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Adirondack Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Snow Removal; Trash Basement: Exterior Entry; Finished; Full; Walk-Out Access Common Walls: 2+ Common Walls Construction Materials: Wood Siding Cooling: Wall Unit(s) Documents Available: Deed; Property Condition Door Features: French Doors Electric: 200+ Amp Service Exterior Features: Lighting Fireplace Features: Gas Log; Living Room; Masonry Heating: Baseboard; Electric; Radiant Floor Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); High Speed Internet; Vaulted Ceiling(s) Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Few Trees; Landscaped; Level; Many Trees Parking Features: Deck Patio And Porch Features: Covered; Enclosed; Porch; Screened Pets Allowed: Yes Road Surface Type: Paved Roof: Asphalt Security Features: Carbon Monoxide Detector(s); Security System; Smoke Detector(s) Special Listing Conditions: Standard Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected; Underground Utilities View: Neighborhood; Trees/Woods Window Features: Insulated Windows; Wood Frames Showing Requirements: Call Listing Agent Room Types: Basement; Bathroom; Bedroom 2; Bedroom 3; Den; Dining Room; Game Room; Great Room; Kitchen; Living Room; Other Room; Primary Bathroom; Primary Bedroom; Utility Room

Room Information

Other Room Level: First Remarks: 6 x 13,Foyer Other Room Other Room Level: Basement Remarks: 10 x10,Den/family room Other Room Level: Second Remarks: 10 x 12,Loft Other Room Primary Bedroom Level: Second Remarks: 12 x 15,Primary Bedroom Living Room Level: First Remarks: 22 x 24,Living Room Primary Bathroom Dining Room Level: First Remarks: 10 x 12,Dining Room Bedroom 2 Level: Second Remarks: 10 x 14,Bedroom 2 Kitchen Level: First Remarks: 10 x 13,Kitchen Bedroom 3 Level: Basement Remarks: 10 x 13,Bedroom 3 Great Room Level: Basement Remarks: 6 x 9,Office Utility Room Level: Basement Remarks: 6 x 10,Utility Room Den Game Room Bathroom Level: Second Remarks: 9 x 8,Bathroom Basement Remarks: Basement
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.