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, yet is right in Lake Placid's Gateway Corridor. The result is a versatile property that blends industrial edge, barndominium character, 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!
New construction
Price cut: $40K (10/22)
$725,000
5880 Cascade Rd, Lake Placid, NY 12946
4beds
2,150sqft
Single Family Residence
Built in 1920
0.5 Acres Lot
$696,900 Zestimate®
$337/sqft
$-- HOA
What's special
New roofGlass-railed decksPrivate settingBabbling brookRustic eleganceExposed beamsReclaimed barn wood walls
- 122 days |
- 1,742 |
- 69 |
Zillow last checked: 8 hours ago
Listing updated: October 22, 2025 at 05:08am
Listing by:
The Reynolds Group of Lake Placid, LLC 518-418-7747,
Shannon Eaton
Source: ACVMLS,MLS#: 205632
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
- Laundry: Upper Level
Features
- Beamed Ceilings, High Speed Internet, Open Floorplan
- Flooring: Concrete, Luxury Vinyl
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,150
- Total interior livable area: 2,150 sqft
- Finished area above ground: 2,150
- Finished area below ground: 0
Property
Features
- Levels: Two
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Trees/Woods
- Frontage type: Other
Lot
- Size: 0.5 Acres
Details
- Parcel number: 42.6682.000
- Zoning: Mixed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- Under Construction,Updated/Remodeled
- New construction: Yes
- Year built: 1920
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Internet Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Lake Placid
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $354,800
- Annual tax amount: $3,850
- Date on market: 8/28/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: Short Term Lease
- Electric utility on property: Yes
Estimated market value
$696,900
$662,000 - $732,000
$2,552/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Price change | $725,000-5.2%$337/sqft |
Source: | ||
| 8/28/2025 | Listed for sale | $765,000+155.9%$356/sqft |
Source: | ||
| 7/13/2023 | Listing removed | -- |
Source: | ||
| 3/16/2023 | Listed for sale | $299,000+144.1%$139/sqft |
Source: | ||
| 9/7/2021 | Sold | $122,500-12.5%$57/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $354,800 +69.7% |
| 2023 | -- | $209,100 +18% |
| 2022 | -- | $177,200 +10.9% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 12946
Nearby schools
GreatSchools rating
- 6/10Lake Placid Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Lake Placid Junior Senior High SchoolGrades: 6-12Distance: 0.9 mi
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