2268 Saranac Avenue, Lake Placid, NY 12946 (MLS# 207566)

Description

Rarely does a Lake Placid property offer this combination of location and opportunity this close to Main Street. Located on Saranac Avenue, only a couple blocks from downtown Lake Placid and Mirror Lake and one block to Paradox Bay, this property is an opportunity for 1st time home buyers, 2nd home buyers or investors. Due to being located in a Gateway Corridor District, unhosted Short term rentals are allowed at this location with proper permitting. The main home includes three bedrooms plus a bonus room/office and one full bath. There are pristine hardwood floors throughout and most windows updated that flood the main level with natural light. A private side patio creates an inviting setting for entertaining, while the front deck is the perfect place to unwind and enjoy Lake Placid Living. Included in the list price is a $10,000 seller concession as an allowance for a buyer to use towards closing costs or appliance upgrades. Being sold partially furnished for seller convenience. The second floor apartment is accessed via its own exterior staircase and entrance. It features a 1 bedroom and full bath. Being adjacent to the upstairs of the main house, it presents a future expansion opportunity to reclaim the space to grow the main home. 24-48 Hours Requested for showings to allow tenant notice. Pre-Approval or Proof of Funds is required prior to showing being scheduled.

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $450,000 Original List Price: 450000 List Price: $450,000 Status: Pending Listing Contract Date: 2026-06-12 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Owner

Location, Tax, and Legal

Tax Annual Amount: 4840.57 Tax Assessed Value: 384700 Land Tax Annual Amount: 1345.13 Deed Date: 2010-04-08

General Property Information

Seasonal Property YN: No Main Level Bedrooms: 1 Main Level Bathrooms: 0 Below Grade Unfinished Area: 300 Enhanced Accessible: No Senior Community YN: No Lease Term: None Horse YN: No Stories Total: 2 Fireplace YN: No Bedrooms Total: 6 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 1790 Below Grade Finished Area: 774 Building Area Total: 2864 Living Area: 2564 Year Built: 1930 Open Parking YN: 1 Open Parking Spaces: 4 Parking Total: 4 Lot Size Acres: 0.16 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-07-09 Major Change Timestamp: 2026-07-09T17:35:48Z Major Change Type: Status Change Under Contract Date: 2026-07-09

Appliances

Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Architectural Style

Adirondack: 1

Basement

Finished: 1 Storage Space: 1 Walk-Out Access: 1

Construction Materials

Vinyl Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 259 Volume: 1634

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exemptions

Basic STAR: 1

Exterior Features

Courtyard: 1

Fencing

None: 1

Financial Details

School Taxes: 1861 School Taxes Description: Estimated Village Taxes: 1599 Village Taxes Description: Estimated

Flooring

Hardwood: 1

Foundation Details

Poured: 1

Frontage Type

Other: 1

Green Energy Efficient

Windows: 1

Heating

Tank Location: None Electric: 1 Hot Water: 1

Interior Features

Apartment: 1 Walk-In Closet(s): 1

Laundry Features

In Kitchen: 1 In Unit: 1 Main Level: 1

Levels

One and One Half: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Conventional 203(k): 1 VA Loan: 1

Lot Features

Level: 1 Many Trees: 1 Near Public Transit: 1

Other Structures

Shed(s): 1 Storage: 1

Parking Features

Driveway: 1 No Garage: 1 Off Street: 1

Patio And Porch Features

Deck: 1 Patio: 1

Pets Allowed

Yes: 1

Pool Features

None: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1 Metal: 1

Security Features

Security Lights: 1 Smoke Detector(s): 1

Sewer

Public Sewer: 1

Spa Features

None: 1

Special Listing Conditions

Standard: 1

Structure Type

House: 1

Utilities

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

View

Neighborhood: 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1 Single Pane Windows: 1

Room Types

Bedroom 1: 1 Bedroom 1 Level: First Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Bonus Room: 1 Bonus Room Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First

Location Tax and Legal

Street Number: 2268 Street Name: Saranac Street Suffix: Avenue County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.141-5-6.000 Directions: From Main Street Lake Placid proceed up hill on Saranac Avenue past St Agnes Church. Driveway is less than one block on the left. If you reach Mountain Mist Ice Cream Stand, you have gone too far.

Property Features

Appliances: Dryer; Microwave; Range; Refrigerator; Washer Architectural Style: Adirondack Basement: Finished; Storage Space; Walk-Out Access Construction Materials: Vinyl Siding Cooling: None Documents Available: Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Exemptions: Basic STAR Exterior Features: Courtyard Fencing: None Flooring: Hardwood Foundation Details: Poured Frontage Type: Other Green Energy Efficient: Windows Heating: Electric; Hot Water Interior Features: Apartment; Walk-In Closet(s) Laundry Features: In Kitchen; In Unit; Main Level Levels: One and One Half Listing Terms: 1031 Exchange; Cash; Conventional; Conventional 203(k); VA Loan Lot Features: Level; Many Trees; Near Public Transit Other Structures: Shed(s); Storage Parking Features: Driveway; No Garage; Off Street Patio And Porch Features: Deck; Patio Pets Allowed: Yes Pool Features: None Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt; Metal Security Features: Security Lights; Smoke Detector(s) Sewer: Public Sewer Spa Features: None Special Listing Conditions: Standard Structure Type: House Utilities: Cable Available; Electricity Connected; Internet Connected; Phone Available; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Double Pane Windows; Single Pane Windows Room Types: Bedroom 1; Bedroom 2; Bedroom 3; Bonus Room; Kitchen; Living Room

Room Information

Kitchen Level: First Length: 18.00 Length: 18.00 Width: 12.00 Width: 12.00 Dimensions: 18 x 12 Living Room Level: First Length: 13.00 Length: 13.00 Width: 23.00 Width: 23.00 Dimensions: 13 x 23 Bonus Room Level: First Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Dimensions: 10 x 8 Bedroom 1 Level: First Length: 16.00 Length: 16.00 Width: 8.00 Width: 8.00 Dimensions: 16 x 8 Bedroom 2 Level: Second Length: 12.00 Length: 12.00 Width: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom 3 Level: Second Length: 12.00 Length: 12.00 Width: 10.00 Width: 10.00 Dimensions: 12 x 10