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

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bob Miller Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 NY - Adirondack-Champlain Valley Multiple Listing Service, Inc (ACVMLS). All rights reserved.

Powered byLuxury Presence