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Adirondack Real Estate

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4 Rustic Way, Unit 4, Lake Placid, NY 12946

$790,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,564 Lot Size (sq. ft.): 3,049 Status: Closed
Current Price: $790,000 List Date: 12/06/2023 Last Modified: 4/29/2025

Description

Luxury 4-bedroom Balsams townhome located in beautiful Lake Placid with no village taxes. Spacious end unit with hickory floors, Douglas fir wainscoting, screened in porch, and heated garage. Chef's kitchen has stainless steel appliances, granite countertops and custom cabinetry. Master bedroom ensuite on the main level as well as 2 more ensuite bedrooms on second floor. Lower level with walkout to patio as well as a laundry room, and 4th bedroom. Detached heated garage. Currently a very successful vacation rental income producing property, this can continue to be utilized for unlimited rentals, or would make for a wonderful full-time home. Being sold mostly furnished (exclusion list available).

More Information MLS# 179040

Location, Tax, and Legal

Unit Number: Unit 4 Tax Annual Amount: 6555 Tax Assessed Value: 695400 Land Tax Annual Amount: 2986.7 Deed Date: 2014-10-23

General Property Information

Seasonal Property YN: No Below Grade Unfinished Area: 0 Lease Term: Short Term Lease Fireplace YN: Yes Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 4 Above Grade Finished Area: 1804 Below Grade Finished Area: 760 Building Area Total: 2564 Living Area: 2564 Year Built: 2007 Garage YN: 1 Garage Spaces: 1 Lot Size Acres: 0.07 Association YN: 1 Association Fee: 493 Association Fee Frequency: Monthly

Status Change Information

Status Change Timestamp: 2025-04-29 Buyer Financing: Cash Major Change Timestamp: 2025-04-29T14:51:05Z Major Change Type: Status Change Price Change Timestamp: 2024-07-18T10:50:01Z Under Contract Date: 2024-09-26 Close Date: 2025-04-28 Close Price: 790000

Appliances

Dishwasher: 1 Dryer: 1 Gas Oven: 1 Range Hood: 1 Refrigerator: 1 Washer: 1

Architectural Style

Adirondack: 1

Association Amenities

None: 1

Association Fee Includes

Snow Removal: 1 Trash: 1 None: 1

Basement

Full: 1 Walk-Out Access: 1

Common Walls

End Unit: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 258 Volume: 1781

Documents Available

Deed: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 3568.25

Fireplace Features

Gas Log: 1 Fireplaces Total: 1

Heating

Tank Location: None Electric: 1 Other: 1

Interior Features

Cathedral Ceiling(s): 1 Primary Downstairs: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Level: 1

Patio And Porch Features

Patio: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Neighborhood: 1

Window Features

Insulated Windows: 1

Room Types

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

Contract Information

Current Price: $790,000 Original List Price: 835000 Sold Price: $790,000 Status: Closed Listing Contract Date: 2023-06-05 Property Sub Type: Condominium Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant

Location Tax and Legal

Street Number: 4 Street Name: Rustic Way, County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid School District: Lake Placid Parcel Number: 42.74-6-20.000 Zoning: Residential Directions: Old Military Rd. to Rustic Way. 2nd building on the right. Unit is end unit on right.

Property Features

Appliances: Dishwasher; Dryer; Gas Oven; Range Hood; Refrigerator; Washer Architectural Style: Adirondack Association Amenities: None Association Fee Includes: Snow Removal; Trash; None Basement: Full; Walk-Out Access Common Walls: End Unit Construction Materials: Wood Siding Cooling: None Documents Available: Deed; Property Condition Electric: 200+ Amp Service Fireplace Features: Gas Log Heating: Electric; Other Interior Features: Cathedral Ceiling(s); Primary Downstairs Levels: Two Listing Terms: Cash; Conventional Lot Features: Level Patio And Porch Features: Patio Road Surface Type: Paved Roof: Asphalt Special Listing Conditions: Standard Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Neighborhood Window Features: Insulated Windows Room Types: Basement; Bathroom; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom; Utility Room

Room Information

Dining Room Level: First Length: 12.00 Length: 12.00 Width: 25.00 Width: 25.00 Remarks: 12 x 25 Dimensions: 12 x 25 Basement Level: Basement Length: 18.00 Length: 18.00 Width: 25.00 Width: 25.00 Remarks: 18 x 25 Dimensions: 18 x 25 Living Room Level: First Length: 14.00 Length: 14.00 Width: 24.00 Width: 24.00 Remarks: 14 x 24 Dimensions: 14 x 24 Kitchen Level: First Length: 12.00 Length: 12.00 Width: 15.00 Width: 15.00 Remarks: 12 x 15 Dimensions: 12 x 15 Primary Bedroom Level: First Length: 15.00 Length: 15.00 Width: 16.00 Width: 16.00 Remarks: 15 x 16 Dimensions: 15 x 16 Bedroom 3 Level: Second Length: 16.00 Length: 16.00 Width: 15.00 Width: 15.00 Remarks: 16 x 15 Dimensions: 16 x 15 Bathroom Level: First Length: 6.00 Length: 6.00 Width: 8.00 Width: 8.00 Remarks: 6 x 8 Dimensions: 6 x 8 Bedroom 2 Level: Second Length: 12.00 Length: 12.00 Width: 17.00 Width: 17.00 Remarks: 12 x 17 Dimensions: 12 x 17 Utility Room Level: Basement Length: 7.00 Length: 7.00 Width: 8.00 Width: 8.00 Remarks: 7 x 8 Dimensions: 7 x 8
Listing Courtesy of Bob Miller Real Estate
IDX
Information deemed reliable but not guaranteed.
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