Lake Placid See all listings

5984 Sentinel Road, Lake Placid, NY 12946

$850,000

MLS# 203304

5 bed

5 bath

0.5 acres

3,151 sq. ft


Listing Courtesy of: Merrill L. Thomas, Inc.

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Overview

New multi-use property in the Lake Placid Gateway Corridor! A versatile property offering fantastic income potential with a main house and a 2 bedroom apartment – both recently renovated. The main house features 3 en-suites, a new kitchen and a new powder room with full sized stacked washer and dryer. The attached 2 bedroom apartment has an open floor plan, gas fireplace, its own entrance and an attached one car garage with storage space. Enjoy separate and ample back yards each with privacy fencing. The house comes with a new 20′ X 12′ screened in gazebo complete with electricity, ceiling fans and privacy wall. A large 2 story workshop sits behind the house and has a separate driveway and additional parking. The workshop currently produces $1,500/month income. The 2 bedroom apartment produces $1,200/month. This property is located in the Gateway Corridor where unlimited vacation rentals are allowed with a permit.

Details & Amenities

Listing Details

  • MLS #: 203304
  • Status: Active
  • Date Listed: 10-21-2024
  • Bedrooms: 5
  • Bathrooms: 5
  • Sq. Ft: 3,151
  • Acreage: 0.5
  • Seasonal Property: No
  • Listing Agent: Jennifer Ledger
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Bathrooms – Full: 4
  • Bathrooms – Half: 1
  • Total Fireplaces: 2
  • Fireplace Features: Living Room, Propane, Wood Burning
  • Basement: Concrete, Exterior Entry, Interior Entry
  • Heating Type: Baseboard, Electric, Oil
  • Air-conditioning Type: Ceiling Fan(s)

Exterior & Lot Features

  • County: Essex
  • Town: Lake Placid
  • School District: Lake Placid
  • Views: Neighborhood, Trees/Woods
  • Lot Features: Back Yard, Level
  • Lot Size Area: 0.5
  • Other Structures: Gazebo, Workshop
  • Patio & Porch Features: Covered, Front Porch
  • Sewer: Public Sewer
  • Zoning Description: Mixed

Building & Construction

  • Tax Map #: 42.256-1-11.000
  • Annual Taxes: $7,715
  • Year Built: 1990
  • Parking Features: Additional Parking, Driveway
  • Roof Type: Asphalt
  • Electric AMP: 200+ Amp Service
  • Water Source: Public
  • Architectural Style: Adirondack
  • Home Levels: Two