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    Lake Placid, NY Residential Income Properties for Sale

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    Ray Brook, NY Saranac Lake, NY Keene, NY Wilmington, NY Keene Valley, NY Jay, NY Bloomingdale, NY Upper Jay, NY
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    Riverfront Short-Term Rental Property
    Updated: Sep 28
    Riverfront Short-Term Rental Property

    50-56 Alpine Lane, Lake Placid, NY 12946

    $2,495,000
    4,562 sqft 7.09 AC lot
    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
    Hamlet classification by the Adirondack Park Agency
    Public water and public sewer
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    Mixed-Use Building with Rental Units
    Updated: Jul 17
    Mixed-Use Building with Rental Units

    2720 Main Street, Lake Placid, NY 12946

    $695,000
    3,888 sqft 0.20 AC lot
    3,888‑square‑foot building on a 0.2‑acre parcel
    Five rental units: two 2‑bedroom apartments, one 1‑bedroom apartment, office, and retail space
    All apartment, office, and retail spaces currently rented
    Village Center district zoning on Main Street
    Rear off‑street parking lot for tenants and guests
    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    41 School Street, Lake Placid, NY 12946

    $375,000
    1,518 sqft

    Two apartment units offer open layouts, bright interiors, and refreshed bathrooms in a walkable Lake Placid setting.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Riverfront Short-Term Rental Property
    Riverfront Short-Term Rental Property

    50-56 Alpine Lane, Lake Placid, NY 12946

    $2,495,000
    4,562 sqft

    Three rental buildings include a five-bedroom home, a duplex, and a one-bedroom cottage.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000
    9,227 sqft 0.95 AC lot

    Two buildings combine residential units, office suites, a cottage, parking, and shared tenant amenities.

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    9-Unit Two-Bedroom Apartment Building
    9-Unit Two-Bedroom Apartment Building

    5983 Sentinel Road, Lake Placid, NY 12946

    $1,165,000
    6,336 sqft

    Each residence includes a full kitchen and bathroom, with on-site parking and access to a nearby trolley stop.

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    Duplex with Updated Bathrooms
    Duplex with Updated Bathrooms

    41 School Street, Lake Placid, NY 12946

    $375,000
    1,518 sqft

    Two apartments offer open layouts, refreshed bathrooms and current 12-month leases.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 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.

    Four-Unit Multifamily Building
    Four-Unit Multifamily Building

    79 Franklin Avenue, Saranac Lake, NY 12983

    $425,000
    3,442 sqft

    The apartment mix includes one two-bedroom residence and three one-bedroom units, with a paved parking area behind the building.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    1656 State Rte 3, Bloomingdale, NY 12913

    $299,000
    2,800 sqft 0.08 AC lot

    Three apartments include a larger main unit and two additional residences in Bloomingdale.

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    3-Unit Riverfront Triplex
    3-Unit Riverfront Triplex

    1656 State Rte 3, Bloomingdale, NY 12913

    $299,000
    2,800 sqft

    The property combines a larger primary apartment with two additional residential units and river access.

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    Waterfront Four-Unit Apartment Building
    Waterfront Four-Unit Apartment Building

    317 Lake Flower Avenue, Saranac Lake, NY 12983

    $649,000

    Three-floor apartment configuration includes varied unit sizes, individual entrances and a dock on Lake Flower.

    View details

    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.

    Vacant Lot in Lake Placid
    Vacant Lot in Lake Placid

    Lake Placid Club Way, Lake Placid, NY 12946

    $385,000
    1.66 AC lot

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

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    Residential Lot in Lake Placid
    Residential Lot in Lake Placid

    Cobble Hill Road, Lake Placid, NY 12946

    $425,000
    1.15 AC lot

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

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    Wooded Commercial Land
    Wooded Commercial Land

    Hadjis Way, Lake Placid, NY 12946

    $1,550,000
    8.71 AC lot

    High-density mixed-use zoning with utilities available and direct access to a recreational trail system.

    View details
    Vacant Lot on Golf Course
    Vacant Lot on Golf Course

    10 Spread Eagle Way, Lake Placid, NY 12946

    $499,900
    0.39 AC lot

    Residential land on golf course near Lake Placid amenities.

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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

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

    Estimated value:
    $330,000
    1,320 sqft 22.55 AC lot
    View details
    5794 Cascade Rd
    MOBILE HOME PARK, TRAILER PARK

    5794 Cascade Rd, Lake Placid, NY 12946-3735

    Estimated value:
    $635,000
    10,408 sqft 51.59 AC lot
    View details
    985 Adirondack Loj Rd
    CAMPGROUND, RV PARK

    985 Adirondack Loj Rd, Lake Placid, NY 12946

    Estimated value:
    $905,000
    4,764 sqft 640.40 AC lot
    View details

    Lake Placid, NY Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in Lake Placid, NY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 31,611 square feet of properties for sale, with an estimated market value of $9,660,000.

    Sale prices for residential investment properties in Lake Placid, NY start at $375,000, averaging $1,380,000, and reaching up to $2,495,000 — 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 7
    Apartment buildings 2
    Duplexes 2
    Short term rental properties 2

    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 $1.4M

    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)

    How Realmo verifies these figures

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