26 Parkside Drive, Lake Placid, NY 12946 (MLS# 207525)

Description

Positioned in one of Lake Placid's most sought-after short-term rental zones, this up/down duplex is a rare investment opportunity just steps from Mirror Lake and Main Street. Located directly across from the lake and tucked behind the Post Office, the property offers unbeatable access to the Olympic Center Complex, restaurants and shops, and the iconic 2.6-mile Mirror Lake loop. The property features two fully independent units: a 2-bedroom, 1-bath upstairs apartment with Mirror Lake views from both bedrooms, and a 1-bedroom, 1-bath lower unit. Each unit includes its own washer and dryer, making them ideal for guest turnover and extended stays. Zoned Village Center, this property allows for unlimited unhosted short-term rentals of both units--maximizing income potential with no owner-occupancy requirement. With strong year-round demand driven by tourism, events, and outdoor recreation, this is a prime opportunity for investors seeking immediate rental income in a premier Adirondack destination.

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $799,000 Original List Price: 799000 List Price: $799,000 Status: Active Listing Contract Date: 2026-06-10 Property Sub Type: Duplex Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 7079 Tax Assessed Value: 646000 Land Tax Annual Amount: 1967 Deed Date: 2020-10-27

General Property Information

Number Of Buildings: 1 Main Level Bedrooms: 1 Main Level Bathrooms: 1 Stories Total: 2 Fireplace YN: No Number of Units: 2 Building Area Total: 2072 Year Built: 1976 Open Parking YN: 1 Open Parking Spaces: 4 Lot Size Acres: 0.19 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-06-10 Major Change Timestamp: 2026-06-11T01:03:29Z Major Change Type: New Listing

Appliances

Built-In Electric Oven: 1 Dishwasher: 1 Dryer: 1 Electric Cooktop: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Architectural Style

Raised Ranch: 1 Ranch: 1

Basement

None: 1

Construction Materials

Brick: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 320 Volume: 2007

Documents Available

Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1 Circuit Breakers: 1

Exemptions

No Exemptions: 1

Exterior Features

Private Entrance: 1

Financial Details

School Taxes: 2774 School Taxes Description: Actual Village Taxes: 2338 Village Taxes Description: Actual

Flooring

Carpet: 1 Hardwood: 1 Laminate: 1 Tile: 1

Foundation Details

Slab: 1

Frontage Type

See Remarks: 1

Green Energy Efficient

Thermostat: 1

Heating

Tank Location: Above Ground Propane: 1

Laundry Features

Lower Level: 1 Multiple Locations: 1 Upper Level: 1

Levels

Two: 1

Lot Features

Views: 1

Parking Features

No Garage: 1 Off Street: 1 On Site: 1

Patio And Porch Features

Deck: 1

Property Condition

Updated/Remodeled: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

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

Sewer

Public Sewer: 1

Structure Type

Duplex: 1 Up & Down: 1

View

Lake: 1 Neighborhood: 1

Water Source

Public: 1

Income and Expenses

Fuel Expense: 4245 Gross Income: 48000 Professional Management Expense: 4800

Owner Pays

Grounds Care: 1 Hot Water: 1 Sewer: 1 Snow Removal: 1 Taxes: 1

Tenant Pays

Electricity: 1 Trash Collection: 1

Unit One

Unit #: 1 Actual Rent: 1700 Bathrooms Full: 1 Beds Total: 1 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 1008

Unit Two

Unit #: 2 Actual Rent: 2300 Bathrooms Full: 1 Beds Total: 2 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 1064

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Text Listing Agent: 1

Location Tax and Legal

Street Number: 26 Street Name: Parkside Street Suffix: Drive County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.191-2-2.100 Directions: Directly behind the Lake Placid Post Office and across the street from Mirror Lake.

Unit Details

Number Of Units Leased: 2

Property Features

Appliances: Built-In Electric Oven; Dishwasher; Dryer; Electric Cooktop; Microwave; Oven; Refrigerator; Washer Architectural Style: Raised Ranch; Ranch Basement: None Construction Materials: Brick; Wood Siding Cooling: None Documents Available: Lead Paint; Property Condition Electric: 200+ Amp Service; Circuit Breakers Exemptions: No Exemptions Exterior Features: Private Entrance Flooring: Carpet; Hardwood; Laminate; Tile Foundation Details: Slab Frontage Type: See Remarks Green Energy Efficient: Thermostat Heating: Propane Laundry Features: Lower Level; Multiple Locations; Upper Level Levels: Two Lot Features: Views Owner Pays: Grounds Care; Hot Water; Sewer; Snow Removal; Taxes Parking Features: No Garage; Off Street; On Site Patio And Porch Features: Deck Property Condition: Updated/Remodeled Road Frontage Type: Public Road Surface Type: Paved Roof: Metal Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Public Sewer Structure Type: Duplex; Up & Down Tenant Pays: Electricity; Trash Collection View: Lake; Neighborhood Water Source: Public Unit One: Dishwasher; Range; Refrigerator Unit Two: Dishwasher; Range; Refrigerator Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent