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22 Terrace Way, Lake Placid, NY 12946

$1,795,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,573 Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $1,795,000 List Date: 6/16/2026 Last Modified: 6/18/2026

Description

Adirondack Craftsman 5 bedroom, 5 .5 bath home located on a private 1 acre lot on Terrace Way in Lake Placid. This property MAY do vacation rentals! Great Room with vaulted ceiling and floor to ceiling field stone fireplace and radiant heated maple hardwood floor. Primary bedroom with gas fireplace and bath with soaking tub on main floor. Chefs kitchen with stainless steel appliances includes 6 burner Wolf gas range and soapstone counters. Pantry/laundry includes a second oven and additional cabinet space. Office/guest bedroom and half bath on main level and 2 guest bedrooms each with full bath on the second level. Lower walk out level features a spacious family room with stone fireplace, sauna and 2 additional guest bedrooms with full bath. Attached 2 car garage features a large bunk room and full bath on the second level. Expansive sundeck with heated infinity pool with blue stone patio and outdoor kitchen. Short walk to Lake Placid Main St. village center.

More Information MLS# 207592

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $1,795,000 Original List Price: 1795000 List Price: $1,795,000 Status: Active Listing Contract Date: 2026-06-16 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Owner

Location, Tax, and Legal

Tax Annual Amount: 16429.63 Tax Assessed Value: 1719000 Land Tax Annual Amount: 7699.77 Deed Date: 2005-10-24

General Property Information

Seasonal Property YN: No Below Grade Unfinished Area: 0 Lease Term: None Bedrooms Total: 5 Bathrooms Total: 6 Bathrooms Full: 5 Bathrooms Half: 1 Above Grade Finished Area: 2585 Below Grade Finished Area: 1988 Building Area Total: 4573 Living Area: 4573 Year Built: 2005 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Open Parking YN: 1 Open Parking Spaces: 4 Parking Total: 6 Lot Size Acres: 1 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-06-16 Major Change Timestamp: 2026-06-16T19:27:25Z Major Change Type: New Listing

Appliances

Dishwasher: 1 Exhaust Fan: 1 Gas Range: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1 Water Heater: 1

Architectural Style

Adirondack: 1

Basement

Finished: 1 Walk-Out Access: 1

Deed Details

Instrument: deed Page: 28 Volume: 1466

Documents Available

Deed: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exterior Features

Gas Grill: 1 Lighting: 1 Sauna: 1

Financial Details

School Taxes: 8729.86 School Taxes Description: Actual

Flooring

Ceramic Tile: 1 Hardwood: 1

Foundation Details

Poured: 1

Heating

Tank Location: Above Ground Fireplace(s): 1 Propane: 1 Radiant Floor: 1

Interior Features

High Speed Internet: 1 Sauna: 1 Stone Counters: 1

Laundry Features

Laundry Room: 1

Levels

Two: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Few Trees: 1 Level: 1

Other Structures

Pool House: 1

Parking Features

Driveway: 1 Garage Door Opener: 1 Garage Faces Side: 1 Off Street: 1

Patio And Porch Features

Deck: 1

Pets Allowed

Yes: 1

Pool Features

In Ground: 1 Infinity: 1

Property Condition

Updated/Remodeled: 1

Roof

Asphalt: 1

Security Features

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

Sewer

Septic Tank: 1

Structure Type

House: 1

Utilities

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

View

Trees/Woods: 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1 Wood Frames: 1

Showing Requirements

Call Listing Agent: 1 Lockbox: 1 Text Listing Agent: 1

Room Types

Bathroom 1: 1 Bathroom 1 Level: First Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Lower Bedroom 5: 1 Bedroom 5 Level: Lower Bonus Room: 1 Bonus Room Level: Second Dining Room: 1 Dining Room Level: First Family Room: 1 Family Room Level: Lower Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Office: 1 Office Level: First Primary Bedroom: 1 Primary Bedroom Level: First

Location Tax and Legal

Street Number: 22 Street Name: Terrace Way County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.43-3-5.000 Directions: From Northwood Rd. turn onto Cobble Mountain Rd.. Continue ahead and take first left on Terrace Way and continue to the first driveway on right.

Property Features

Appliances: Dishwasher; Exhaust Fan; Gas Range; Ice Maker; Microwave; Refrigerator; Washer/Dryer; Water Heater Architectural Style: Adirondack Basement: Finished; Walk-Out Access Documents Available: Deed; Property Condition Electric: 200+ Amp Service Exterior Features: Gas Grill; Lighting; Sauna Flooring: Ceramic Tile; Hardwood Foundation Details: Poured Heating: Fireplace(s); Propane; Radiant Floor Interior Features: High Speed Internet; Sauna; Stone Counters Laundry Features: Laundry Room Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Few Trees; Level Other Structures: Pool House Parking Features: Driveway; Garage Door Opener; Garage Faces Side; Off Street Patio And Porch Features: Deck Pets Allowed: Yes Pool Features: In Ground; Infinity Property Condition: Updated/Remodeled Roof: Asphalt Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Septic Tank Structure Type: House Utilities: Cable Connected; Electricity Connected; Internet Connected; Water Connected View: Trees/Woods Water Source: Public Window Features: Double Pane Windows; Wood Frames Showing Requirements: Call Listing Agent; Lockbox; Text Listing Agent Room Types: Bathroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bonus Room; Dining Room; Family Room; Kitchen; Living Room; Office; Primary Bedroom

Room Information

Living Room Level: First Length: 22.60 Length: 22.60 Width: 186.00 Width: 186.00 Dimensions: 22.6 x 186 Kitchen Level: First Length: 14.50 Length: 14.50 Width: 12.00 Width: 12.00 Dimensions: 14.5 x 12 Dining Room Level: First Length: 12.00 Length: 12.00 Width: 8.60 Width: 8.60 Dimensions: 12 x 8.6 Office Level: First Length: 13.00 Length: 13.00 Width: 13.00 Width: 13.00 Dimensions: 13 x 13 Primary Bedroom Level: First Length: 17.00 Length: 17.00 Width: 15.60 Width: 15.60 Dimensions: 17 x 15.6 Bathroom 1 Level: First Length: 11.00 Length: 11.00 Width: 8.10 Width: 8.10 Dimensions: 11 x 8.1 Bedroom 2 Level: Second Length: 13.00 Length: 13.00 Width: 22.60 Width: 22.60 Dimensions: 13 x 22.6 Bedroom 3 Level: Second Length: 12.90 Length: 12.90 Width: 11.60 Width: 11.60 Dimensions: 12.9 x 11.6 Bedroom 4 Level: Lower Length: 15.00 Length: 15.00 Width: 12.60 Width: 12.60 Dimensions: 15 x 12.6 Bedroom 5 Level: Lower Length: 14.80 Length: 14.80 Width: 15.70 Width: 15.70 Dimensions: 14.8 x 15.7 Family Room Level: Lower Length: 53.00 Length: 53.00 Width: 29.00 Width: 29.00 Dimensions: 53 x 29 Bonus Room Level: Second Length: 14.00 Length: 14.00 Width: 15.00 Width: 15.00 Dimensions: 14 x 15
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.