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Riverfront Short-Term Rental Property
New
For Sale
$2,495,000

50-56 Alpine Lane, Lake Placid, NY 12946

Commercial Sale, Lake Placid, NY

Property Size4,562 SF
Lot Size7.09 Acres
Price / SF$546.91
Days on Market4

Property Features for 50-56 Alpine Lane

General Information

Property type Commercial Sale
Property subtype Other
Directions From Lake Placid, head southeast on NY-86 E/Wilmington Road. In 0.2 miles, turn right onto Alpine Way. Property will be at the end of the road.
Subdivision Lake Placid
Standard status Active
Size 4,562 SF
Lot size 7.09 Acres

Taxes and HOA fees

Tax Annual Amount 14059

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard
Water source Public
Water front features River Front
Water front 1

Building Details

Year built 1940
Floors in Building 2
Listing Agency: Landvest, Inc.
Listed By: Matthew Preston Smith
Added: Sep 28 Last Checked: Oct 1 at 8:06PM
MLS# 208498

Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7.09-acre property contains 4,562 square feet of improvements, with a residence, duplex, and cottage. The buildings date to 1940. Electric baseboard heat serves the property, which has public water and sewer. River frontage is among the site’s physical features, and cleared building areas and access are already in place.

The acreage is divided between the Village of Lake Placid and the Town of North Elba. The property is classified Hamlet by the Adirondack Park Agency. It is adjacent to Power Pond Park and within walking distance of the village center. The setting also provides access to the area’s recreational trails.

Key Highlights

  • 7.09 acres, including 4.77 acres in the Village of Lake Placid and 2.32 acres in the Town of North Elba
  • 4,562 square feet of improvements; buildings date to 1940
  • River frontage, with the property adjacent to Power Pond Park

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 12946, NY

5,217
Population
3,923
Households
1.3
Avg Household Size
46
Median Age
46%
College-Educated
94%
High-School Grad
137.2 sq mi
ZIP Area
38
Density / Sq Mi
$78,261
Median Household Income
$38,845
Median Earnings
$982
Median Rent
$443,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Existing lodging improvements include a residence, duplex, and cottage.
Where is this short term rental property located?
The property is located at 50-56 Alpine Lane Lake Placid, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 7.09 acres, including 4.77 acres in the Village of Lake Placid and 2.32 acres in the Town of North Elba; 4,562 square feet of improvements; buildings date to 1940; River frontage, with the property adjacent to Power Pond Park
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