22 Otter Way, Lake Placid, NY 12946 (MLS# 201510)

Description

Welcome to this charming property in the highly sought-after Otter Landing development on the Chubb River in Lake Placid. This spacious raised ranch boasts nearly 3300 square feet of living space. This house features 5 bedrooms, 2.5 bathrooms, and 2 full kitchens and is perfect for hosting gatherings or accommodating extended family. Recent upgrades include recently remodeled bathrooms and new flooring throughout. The handicap-accessible basement is equipped with a full second kitchen, spacious living room, a half-bath that can convert to a full bath, and a private entrance, making it ideal for conversion into a self-contained apartment for guests or rental income. Outside, enjoy two spacious yards surrounded by mature hardwoods and views of the Chubb River off the back deck. Perfect for entertaining, the property features a 14x14 fenced-in patio with a fire pit, an 8-person hot tub nestled within a privacy fence, and a custom-built 10x8 shed/dog house. The front yard presents an opportunity with two separate lot lines, allowing for the potential construction of unattached garage(s) that could provide long-term apartment rental income. Don't miss your opportunity to own this exceptional property, offering a blend of comfort, convenience, and income potential.

Location, Tax, and Legal

Tax Annual Amount: 5069 Tax Assessed Value: 491500 Land Tax Annual Amount: 1783.93 Deed Date: 2016-01-07

General Property Information

Seasonal Property YN: No Below Grade Unfinished Area: 0 Lease Term: None Bedrooms Total: 5 Bathrooms Total: 3 Bathrooms Full: 2 Bathrooms Half: 1 Above Grade Finished Area: 1700 Below Grade Finished Area: 1590 Building Area Total: 3290 Living Area: 3290 Year Built: 2006 Lot Size Acres: 0.94 Waterfront YN: 1 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-08-24 Concessions: No Buyer Financing: Cash Major Change Timestamp: 2024-08-24T14:45:03Z Major Change Type: Status Change Under Contract Date: 2024-07-03 Close Date: 2024-08-23 Close Price: 605000

Appliances

Dishwasher: 1 Free-Standing Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1

Architectural Style

Ranch: 1

Basement

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

Construction Materials

Brick Veneer: 1 Vinyl Siding: 1

Deed Details

Instrument: Deed Page: 205

Documents Available

Deed: 1 Property Condition: 1 Survey: 1

Electric

200+ Amp Service: 1

Exterior Features

Courtyard: 1 Fire Pit: 1 Private Entrance: 1 Private Yard: 1

Fencing

Wood: 1

Financial Details

School Taxes: 2722.45 School Taxes Description: Estimated Village Taxes: 2346.81 Village Taxes Description: Estimated

Flooring

Carpet: 1 Laminate: 1 Vinyl: 1 Wood: 1

Foundation Details

Block: 1

Heating

Tank Location: Basement Baseboard: 1 Oil: 1

Interior Features

Bar: 1 Storage: 1

View

River: 1

Room Types

Bathroom: 1 Bathroom Level: Upper Bedroom 2: 1 Bedroom 2 Level: Upper Bedroom 3: 1 Bedroom 3 Level: Upper Bedroom 4: 1 Bedroom 4 Level: Lower Bedroom 5: 1 Bedroom 5 Level: Lower Dining Room: 1 Dining Room Level: Upper Kitchen: 1 Kitchen Level: Upper Living Room: 1 Living Room Level: Upper Primary Bathroom: 1 Primary Bathroom Level: Upper Primary Bedroom: 1 Primary Bedroom Level: Upper

Contract Information

Current Price: $605,000 Original List Price: 650000 Sold Price: $605,000 Status: Closed Listing Contract Date: 2024-03-22 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Owner

Location Tax and Legal

Street Number: 22 Street Name: Otter Street Suffix: Way County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid School District: Lake Placid Parcel Number: 42.221-1-15.111 Directions: From Mill Pond drive headed towards Wes Valley Road, turn left on to commons Way, merge on to Otter way, house is straight ahead.

Property Features

Appliances: Dishwasher; Free-Standing Electric Range; Microwave; Refrigerator; Washer/Dryer Architectural Style: Ranch Basement: Block; Exterior Entry; Finished; Walk-Out Access Construction Materials: Brick Veneer; Vinyl Siding Documents Available: Deed; Property Condition; Survey Electric: 200+ Amp Service Exterior Features: Courtyard; Fire Pit; Private Entrance; Private Yard Fencing: Wood Flooring: Carpet; Laminate; Vinyl; Wood Foundation Details: Block Heating: Baseboard; Oil Interior Features: Bar; Storage View: River Room Types: Bathroom; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Kitchen; Living Room; Primary Bathroom; Primary Bedroom

Room Information

Primary Bedroom Level: Upper Length: 15.00 Length: 15.00 Width: 18.00 Width: 18.00 Dimensions: 15 x 18 Primary Bathroom Level: Upper Length: 12.00 Length: 12.00 Width: 8.00 Width: 8.00 Dimensions: 12 x 8 Living Room Level: Upper Length: 14.00 Length: 14.00 Width: 21.00 Width: 21.00 Dimensions: 14 x 21 Dining Room Level: Upper Length: 14.00 Length: 14.00 Width: 14.00 Width: 14.00 Dimensions: 14 x 14 Kitchen Level: Upper Length: 14.00 Length: 14.00 Width: 20.00 Width: 20.00 Dimensions: 14 x 20 Bathroom Level: Upper Length: 11.00 Length: 11.00 Width: 9.00 Width: 9.00 Dimensions: 11 x 9 Bedroom 2 Level: Upper Length: 14.00 Length: 14.00 Width: 15.00 Width: 15.00 Dimensions: 14 x 15 Bedroom 3 Level: Upper Length: 14.00 Length: 14.00 Width: 12.00 Width: 12.00 Dimensions: 14 x 12 Living Room Level: Lower Length: 28.00 Length: 28.00 Width: 26.00 Width: 26.00 Dimensions: 28 x 26 Kitchen Level: Lower Length: 12.00 Length: 12.00 Width: 16.00 Width: 16.00 Dimensions: 12 x 16 Bathroom Level: Lower Length: 12.00 Length: 12.00 Width: 11.00 Width: 11.00 Dimensions: 12 x 11 Bedroom 4 Level: Lower Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Dimensions: 10 x 8 Bedroom 5 Level: Lower Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Dimensions: 10 x 8

Adirondack Real Estate

We have the experience to find an Adirondack property and turn it into a home.

BROWSE BY LOCATION