Active
58 Garden Way, 4
Lake Placid NY, 12946
$995,000
$541.94 per sqft
Active
3 Beds
3 Baths
1,836 sqft
Townhomes
Built in 1974
Courtesy of Mark Adler, Adirondack Premier Properties Berkshire Hathaway HomeService
Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property's location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Most furnishings included. Great investment opportunity!
203576
MLSⓇ ID
December 5, 2024
Listed
December 9, 2024
Updated
Map
58 Garden Way, 4
Lake Placid NY, 12946
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Granite Counters, High Ceilings, High Speed Internet, Recessed Lighting, Storage
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
Laundry Description
Laundry Room, Main Level
Floor Description
Carpet, Ceramic Tile
Fireplace
Yes
Fireplace Description
Living Room, Wood Burning
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.1 Acres
Exterior Features
Lighting, Storage
Lot Features
Level, Many Trees, Near Golf Course, Views
Architectual Style
Adirondack
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
Lake Placid
Other Property Details
Area Name
Lake Placid
Taxes
$10,133
Tax Frequency
Annually
Days on Market
4
Association Fee
$206
Association Fee Frequency
Monthly
Association Amenities
Insurance, Landscaping, Maintenance, Snow Removal, Trash
Garage
No
Parking
Driveway, Lighted, Off Street, On Site, Parking Lot
View
Yes
View Description
Lake, Trees/Woods
County
Essex
Municipality
N Elba
Water Source
Public
Pool
No
Zoning
Residential
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