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4833 Cascade Road, Lake Placid, NY 12946

$1,950,000
Property Type: Commercial Sale Square Footage: 12,625 Lot Size (sq. ft.): 8,612,248 Status: Pending
Current Price: $1,950,000 List Date: 10/09/2025 Last Modified: 4/02/2026

Description

A rare opportunity at the entrance to Olympic Village of Lake Placid, this nearly 200-acre property combines a rich recreational legacy with development potential. Formerly the Cascade Cross-Country Ski Center, the property includes miles of ski/trail running/mountain biking trails, an 12,500± SF lodge with retail, restaurant, bar, ski shop, bunkhouse lodging, and two recently remodeled apartments—one a one-bedroom, one-bath; the other a two-bedroom, one-bath—each with spectacular mountain views. Set within a 200-acre boreal forest of spruce, balsam, and tamarack, the land borders state wilderness and connects directly to the Jackrabbit Trail and the Olympic trail network at Mount Van Hoevenberg. A year-round brook, beaver pond, and views into the High Peaks define the landscape. Recent improvements under current ownership have enhanced infrastructure, trail systems, and lodging facilities. Additional features include a maintenance building, ample parking for 100+ vehicles, and on-site employee housing. Ideally situated along a busy approach into the Village of Lake Placid on RT 73, the property enjoys exceptional visibility and access—just minutes from Main Street, Whiteface Mountain, High Peaks hiking and back country skiing, and the region's renowned Olympic venues. Its scale, setting, and infrastructure make it suitable for hospitality, recreation, or private use of uncommon scope and quality.

More Information MLS# 205985

Contract Information

Short Term Rental Options: Property is not available to host any STR Current Price: $1,950,000 Original List Price: 2850000 List Price: $1,950,000 Status: Pending Listing Contract Date: 2025-10-08 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 12335.34 Land Tax Annual Amount: 7197.1 Deed Date: 2022-03-07

Status Change Information

Status Change Timestamp: 2026-04-02 Major Change Timestamp: 2026-04-02T12:31:16Z Major Change Type: Status Change Price Change Timestamp: 2026-01-14T17:52:33Z Under Contract Date: 2026-04-01

Showing Requirements

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

Location Tax and Legal

Street Number: 4833 Street Name: Cascade Street Suffix: Road County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid School District: Lake Placid Parcel Number: 52.1-1-54.100 Zoning: Commercial Directions: From downtown Lake Placid, head northwest on Wilmington Road and turn left onto South Main Street/Sentinel Road. Continue for approximately 0.6 miles, then continue onto NY-73 East/Cascade Road. Follow NY-73 for about 4.2 miles; property is on the right.

General Property Information

Building Area Total: 12625 Year Built: 1979 Open Parking YN: 1 Open Parking Spaces: 100 Lot Size Acres: 197.71 Waterfront YN: 1 Water Body Name: Other

Property Features

Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Courtesy of Landvest, Inc.
IDX
Information deemed reliable but not guaranteed.