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Pending
  • $995,000

    58 Garden Way #4, Lake Placid, NY 12946

    3beds
    1,836sqft
    Townhouse
    Built in 1974
    4,356 Square Feet Lot
    $-- Zestimate®
    $542/sqft
    $206/mo HOA

    What's special

    Wood burning fireplace
    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. Various furnishings included. Great investment opportunity!
    142 days
    on Zillow
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    20
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    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 17, 2025 at 05:59am

    Listing by:

    Adirondack Premier Properties Berkshire Hathaway HomeService 518-523-3333,

    Mark Adler

    Source: ACVMLS,MLS#: 203576MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Features: Carpet
    • Level: Second
    • Area: 221 Square Feet
    • Dimensions: 13 x 17
    Bedroom 2
    • Features: Carpet
    • Level: Second
    • Area: 140 Square Feet
    • Dimensions: 10 x 14
    Bedroom 3
    • Description: half bathroom
    • Features: Ceramic Tile
    • Level: First
    • Area: 25 Square Feet
    • Dimensions: 5 x 5
    Bedroom 3
    • Features: Carpet
    • Level: Second
    • Area: 160 Square Feet
    • Dimensions: 10 x 16
    Bathroom 1
    • Features: Ceramic Tile
    • Level: Second
    • Area: 42 Square Feet
    • Dimensions: 6 x 7
    Bathroom 2
    • Features: Ceramic Tile
    • Level: Second
    • Area: 30 Square Feet
    • Dimensions: 5 x 6
    Kitchen
    • Features: Ceramic Tile
    • Level: First
    • Area: 81 Square Feet
    • Dimensions: 9 x 9
    Living room
    • Description: livingroom & dining room
    • Features: Carpet
    • Level: First
    • Area: 502.25 Square Feet
    • Dimensions: 20.5 x 24.5
    Heating
    • Baseboard, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
    • Laundry: Laundry Room, Main Level
    Features
    • Granite Counters, High Ceilings, High Speed Internet, Recessed Lighting, Storage
    • Flooring: Carpet, Ceramic Tile
    • Windows: Wood Frames
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,836
    • Total interior livable area: 1,836 sqft
    • Finished area above ground: 1,836
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Parking features: Driveway, Lighted, Off Street, On Site, Parking Lot
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Lighting, Storage
    • Has view: Yes
    • View description: Lake, Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 4,356 Square Feet
    • Features: Level, Many Trees, Near Golf Course, Views
    • Topography: Level
    Details
    • Parcel number: 42.17627.000
    • Zoning: Residential
    • Other equipment: Call Listing Agent

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Adirondack
    • Property subtype: Townhouse
    Materials
    • Wood Siding
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Lake Placid Club
    HOA
    • Has HOA: Yes
    • Amenities included: Insurance, Landscaping, Maintenance, Snow Removal, Trash
    • Services included: Snow Removal, Trash
    • HOA fee: $206 monthly
    Location
    • Region: Lake Placid

    Financial & listing details

    • Price per square foot: $542/sqft
    • Annual tax amount: $10,132
    • Date on market: 12/5/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Lease term: Weekly
    • Electric utility on property: Yes
    • Road surface type: Paved
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