5880 Cascade Road, Lake Placid, NY 12946
sale
$725,000
|
Other
Courtesy Of The Reynolds Group of Lake Placid, LLC
Located in Lake Placid's Gateway Corridor, this rare offering brings endless possibilities with two striking buildings on 0.2 acres, plus an additional 0.3-acre natural buffer along the McKenzie Brook for a private setting that feels tucked away. The result is a versatile property that blends industrial edge and modern farmhouse warmth into something entirely unique. The back residence, a 1,250 sq. ft., two-bedroom, one-bath home is a study in rustic elegance. Reclaimed barn wood walls, polished concrete floors, exposed beams, and brand-new Andersen windows and doors create a space that feels both grounded and light-filled. Two levels of glass-railed decks (500 sq. ft. total) connect you to the outdoors and the sound of the babbling brook below, offering the perfect perch for morning coffee or evening gatherings in every season. Being sold turnkey - equally suited for a primary residence, guest retreat, or income-producing rental from day one. The front building, facing Cascade Road, is where vision meets possibility. A 900 sq. ft., two-story clear-span design means no interior load-bearing walls. The first floor can become anything you imagine. The heavy lifting is done: new roof, siding, windows, electrical, and plumbing are already in place. All that's left is to shape the interior to your style, whether that's a loft-like 2-bedroom, 1-bath residence, an artist's studio, a boutique retail space, or a hybrid live/work environment. Remaining renovations can be completed by the seller to suit the buyer's needs for an additional fee. The location is ideal and just minutes to world-class skiing, hiking trails, restaurants, and year-round events, yet with the quiet of your own private corner of the Adirondacks. A rare chance to combine immediate occupancy with long-term vision to create your ultimate retreat or business venture. With a short-term lodging permit, both units can be rented for unlimited nights throughout the year.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Appliance: Electric Oven
- Appliance: Electric Water Heater
- Appliance: Dishwasher
- Appliance: Microwave
- Appliance: Dryer
- Appliance: Electric Range
- Appliance: Washer
- Cooling System: Ductless
- Exterior Type: Wood Siding
- Floor Covering: Vinyl
- Floor Covering: Concrete
- Heating System: Ductless (Heating)
- MLSID: 206174
- Roof Type: Asphalt
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