Lake Placid, NY
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    Lake Placid, NY Residential Income Properties for Sale

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    Saranac Lake, NY Keene, NY Wilmington, NY
    Lake Placid Mixed-Use Redevelopment Site
    $995,000
    10,606 SF
    Lake Placid Mixed-Use Redevelopment Site

    6137 Sentinel Road, Lake Placid, NY 12946

    Prime redevelopment opportunity in the heart of Lake Placid.
    • Prime redevelopment opportunity overlooking Mill Pond and adjacent park.
    • Highly visible and accessible corner location in walkable downtown.
    • Proximity to Adirondack Rail Trail, Lake Placid Club, Main Street, Mirror Lake, restaurants, and shops.
    • Potential for mixed‑use development including commercial storefronts, retail, restaurants, offices, and residential units.
    • Enjoy views of Mill Pond, surrounding mountains, and the village.
    Updated: May 26
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    Historic Adirondack Craftsmanship Home
    $899,888
    7,000 SF
    Historic Adirondack Craftsmanship Home

    Lake Placid, NY 12946

    Over 7,000 sq ft of historic Adirondack craftsmanship.
    • Historic home built in 1857 with original hand‑hewn post‑and‑beam construction, pine floors, and shiplap walls
    • Main home offers 4 bedrooms and 4 full bathrooms with two living areas and woodstove/fireplace features
    • Wooded? (No) Private 2‑floor 1‑bedroom apartment with separate entrance and driveway, full kitchen, and woodstove/fireplace
    • Two attached garages, including a heated 2‑car garage with 9,000 lb two‑post vehicle lift, 2,000 lb electric hoist, and 220‑volt electrical feed
    • Equestrian facilities: 4‑stall horse barn with hay loft and attached three‑sided shed, plus multiple corrals with electric fencing and double 12‑ft cattle gates
    Updated: Apr 12
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    Up/Down Duplex in Village Center
    $799,000
    2,072 SF
    Up/Down Duplex in Village Center

    Upstairs and downstairs rental units with in-unit laundry, zoned Village Center for unhosted short-term rentals.

    26 Parkside Drive, Lake Placid, NY 12946

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    Renovated Lake Placid Vacation Rental
    $815,000
    2,454 SF
    Renovated Lake Placid Vacation Rental

    Four units near downtown Lake Placid with strong rental history.

    2807 Wilmington Road, Lake Placid, NY 12946

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Retail Spaces
    $305,000
    8,304 SF
    Mixed-Use Building with Retail Spaces

    Mixed-use Main Street property with occupied apartments and three retail spaces, offering flexible space for owners and operators.

    14220 NYS Route 9N, Au Sable Forks, NY 12912

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    Saranac Lake Income-Producing Triplex
    $349,900
    2,730 SF
    Saranac Lake Income-Producing Triplex

    Well-maintained triplex in Saranac Lake with strong rental income.

    39 Shepard Avenue, Saranac Lake, NY 12983

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    High-Performing Multifamily Portfolio in Ausable Forks
    $630,000
    7,326 SF
    High-Performing Multifamily Portfolio in Ausable Forks

    Well-maintained 9-unit multifamily portfolio in the heart of AuSable Forks.

    Au Sable Forks, NY 12912

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    Corner Mixed-Use Commercial Property
    $695,000
    8,081 SF
    Corner Mixed-Use Commercial Property

    Five-parcel corner commercial site with substantial road frontage and lake views, suited to mixed-use retail and office concepts.

    137-141 River Street, Saranac Lake, NY 12983

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Placid Development Opportunity
    $650,000
    4.36 Acres
    Lake Placid Development Opportunity

    4.36-acre property subdivided into five lots with mountain views.

    Stage Coach Way, Lake Placid, NY 12946

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    Vacant Lot in Lake Placid
    $435,000
    1.66 Acres
    Vacant Lot in Lake Placid

    Rare vacant lot near Lake Placid Club. Ideal dream home.

    Lake Placid Club Way, Lake Placid, NY 12946

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    Residential Lot in Lake Placid
    $475,000
    1.15 Acres
    Residential Lot in Lake Placid

    1.15-acre wooded building lot near Main St. and Mirror Lake.

    Cobble Hill Road, Lake Placid, NY 12946

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    Lake Placid Wooded Acreage
    $1,550,000
    8.71 Acres
    Lake Placid Wooded Acreage

    8.7 acres near amenities with mountain views and trail access.

    Hadjis Way, Lake Placid, NY 12946

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    Off-Market Properties in Lake Placid, NY

    Consider similar Off-Market properties in Lake Placid, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10 Conifer Cir Way
    CAMPGROUND, RV PARK
    1,320 SF Lot: 22.55 Acres
    Value Estimation by Request

    10 Conifer Cir Way, Lake Placid, NY 12946-1886

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    5794 Cascade Rd
    MOBILE HOME PARK, TRAILER PARK
    10,408 SF Lot: 51.59 Acres
    Estimated value
    $635,000

    5794 Cascade Rd, Lake Placid, NY 12946-3735

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    985 Adirondack Loj Rd
    CAMPGROUND, RV PARK
    4,764 SF Lot: 640.40 Acres
    Estimated value
    $905,000

    985 Adirondack Loj Rd, Lake Placid, NY 12946

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    Lake Placid, NY Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Lake Placid, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,132 square feet of properties for sale, with an estimated market value of $3,508,888.

    Sale prices for residential income properties in Lake Placid, NY start at $799,000, averaging $877,222, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Short term rental properties 2
    Duplexes 1
    Quadplexes 1
    Single family properties 1

    Demographics Overview

    Population 4,805
    Population Growth (5Y) +0.3%
    Median Household Income $78,261
    College Educated 67.3%

    High-Yield Neighborhoods for Investment

    Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12946 $841.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $18.26 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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