0 Cascade Rd Lake Placid, NY 12946

This exceptional 23.87-acre commercial land parcel in Lake Placid, NY, presents a unique investment opportunity. Located on Cascade Road, with secondary access from Old Military Road, this high-visibility property boasts stunning mountain vistas and proximity to the village center and horse show grounds. The property is zoned for mixed use, allowing for diverse development possibilities, including residential units or commercial projects. Pre-approved plans by the Lake Placid town board and APA for a townhome project, including duplexes and affordable housing, are available for review by prospective buyers. This represents a rare chance to acquire a large, strategically located parcel with significant development potential in a highly desirable area. The property's prime location offers easy access to Route 73 and is situated on a key corridor leading to Main Street. This versatile land is ideal for a private residence, commercial enterprise, or a multi-family development, capitalizing on the breathtaking scenery and convenient location. The asking price is $2,999,000. The property is situated in Essex County, NY, with a zip code of 12946. Detailed permits are available for review.