Approved Building Lots in Lake
For Sale
$485,000
Sentinel Road, Lake Placid, NY 12946
Land, Lake Placid, NY
Property SizeContact for details
Lot Size0.12 Acres
Days on Market112
Property Features for Sentinel Road
General Information
Property type
Land
Property subtype
Other
Lot features
Cleared
Elementary school district
Lake Placid
Middle school district
Lake Placid
High school district
Lake Placid
Directions
Driveway next to Salt of the Earth Restaurant, diagonally across from the Corner Store on Sentinel Road.
Standard status
Active
APN
42.272-2-4.000
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
286
Utilities
Utilities
Cable Available
Listing Agency:
Merrill L. Thomas, Inc.
(518) 523-2519
Listed By:
Karen L Mergenthaler
(518) 524-4022
Added: May 5
Changed: Aug 19
Last Checked: Aug 24 at 7:06AM
MLS# 207135
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 is a rare opportunity to acquire six approved building lots in the heart of Lake Placid's desirable Sentinel Road corridor. This shovel-ready development is approved for two townhouse buildings consisting of six total units. Infrastructure is already substantially in place, including paved driveway access, power, municipal water and sewer, electric, and cable. The offering is ideally positioned for a developer or investor seeking a streamlined path toward construction in one of the Adirondack Park's most sought-after resort communities. The property is part of an established and active Homeowners Association alongside five existing neighboring units, helping create a cohesive and professionally maintained setting. Unlimited short-term rentals are permitted with the required Village permit, offering exceptional flexibility for vacation rental investment, seasonal ownership, or resale opportunities. Located just minutes from Main Street Lake Placid, Mirror Lake, restaurants, shopping, skiing, hiking, and the Olympic venues, the location balances convenience with strong year-round rental demand. The listing reflects the combined acreage, taxes, and assessments for all six lots. Tax Map IDs included are 42.272-2-4.000, 42.272-2-5.000, 42.272-2-6.000, 42.272-2-7.000, 42.272-2-8.000, and 42.272-2-9.000. The lot size is 0.12 acres.
Key Highlights
- Approved for six townhouse units in a desirable Lake Placid location.
- Shovel‑ready development with infrastructure substantially in place, including paved driveway, power, municipal water/sewer, electric, and cable.
- Unlimited short‑term rentals permitted with Village permit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Six approved building lots in the heart of Lake Placid.
Where is this residential land & home lot located?
The property is located at Sentinel Road Lake Placid, NY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Approved for six townhouse units in a desirable Lake Placid location.; Shovel‑ready development with infrastructure substantially in place, including paved driveway, power, municipal water/sewer, electric, and cable.; Unlimited short‑term rentals permitted with Village permit.
