Homes for sale - 5880 Cascade RD, Lake Placid, NY 12946

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Chase Jermano

chasejrealestate@gmail.com +1(518) 637-5272

$ 725,000

Est. payment | -/mo

4 Beds

2 Baths

2,150 SqFt

Save

$ 725,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,150 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $337

MLS Listing ID 205632

Style Contemporary,Cottage

Bedrooms 4

Full Baths 2

Construction Status Under Construction,Updated/Remodeled

Abv Grd Liv Area 2,150

Year Built 1920

Annual Tax Amount $3,850

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Single Family Residence

Source Adirondack-Champlain Valley MLS

Property Description

This rare offering brings endless possibilities with two striking buildings on 0.2 acres, plus an additional 0.3-acre natural buffer along the McKenzie Brook for a private setting that feels tucked away, yet is right in Lake Placid's Gateway Corridor. The result is a versatile property that blends industrial edge, barndominium character, and modern farmhouse warmth into something entirely unique. The back residence, a 1,250 sq. ft., two-bedroom, one-bath home is a study in rustic elegance. Reclaimed barn wood walls, polished concrete floors, exposed beams, and brand-new Andersen windows and doors create a space that feels both grounded and light-filled. Two levels of glass-railed decks (500 sq. ft. total) connect you to the outdoors and the sound of the babbling brook below, offering the perfect perch for morning coffee or evening gatherings in every season. Being sold turnkey — equally suited for a primary residence, guest retreat, or income-producing rental from day one. The front building, facing Cascade Road, is where vision meets possibility. A 900 sq. ft., two-story clear-span design means no interior load-bearing walls. The first floor can become anything you imagine. The heavy lifting is done: new roof, siding, windows, electrical, and plumbing are already in place. All that's left is to shape the interior to your style, whether that's a loft-like 2-bedroom, 1-bath residence, an artist's studio, a boutique retail space, or a hybrid live/work environment. Remaining renovations can be completed by the seller to suit the buyer's needs for an additional fee. The location is ideal and just minutes to world-class skiing, hiking trails, restaurants, and year-round events, yet with the quiet of your own private corner of the Adirondacks. A rare chance to combine immediate occupancy with long-term vision to create your ultimate retreat or business venture. With a short-term lodging permit, both units can be rented for unlimited nights throughout the year!

Location

State NY

County Essex

Zoning Mixed

Direction From Main Street in Lake Placid, turn on Sentinel Rd (Rt 73) towards Keene. Go 0.8 miles and the house will be on the left. Sign on property.

Rooms

Basement Full, Unfinished

Interior

Interior Features Beamed Ceilings, High Speed Internet, Open Floorplan

Heating Ductless

Cooling Ductless

Flooring Concrete, Luxury Vinyl

Window Features Double Pane Windows

Appliance Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer

Laundry Upper Level

Exterior

Utilities Available Electricity Connected, Internet Connected, Water Connected

View Trees/Woods

Roof Type Asphalt

Porch Deck, Patio

Road Frontage State Road

Garage No

Building

Story Two

Foundation Slab

Sewer Septic Tank

Water Public

Architectural Style Contemporary, Cottage

Structure Type Wood Siding

New Construction No

Construction Status Under Construction,Updated/Remodeled

Schools

School District Lake Placid

Others

Senior Community No

Tax ID 42.66-8-2.000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Shannon Eaton • The Reynolds Group of Lake Placid, LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(518) 524-3273

sales@adktlre.com

5880 Cascade RD Lake Placid, NY 12946