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22 Otter WayLake Placid, NY 12946Price: $650,000

  • Price: $650,000
  • Est. Mortgage of $/month
  • 26 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $650,000List Price
  • 5Bedrooms
  • 3Bathrooms
  • 0.94Acreage
  • 3,290Square Feet
Listed by Kelsey Cassidy of Merrill L. Thomas,Inc.

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Welcome to this charming property in the highly sought-after Otter Landing development on the Chubb River in Lake Placid. This spacious raised ranch boasts nearly 3300 square feet of living space.This house features 5 bedrooms, 2.5 bathrooms, and 2 full kitchens and is perfect for hosting gatherings or accommodating extended family. Recent upgrades include recently remodeled bathrooms and new flooring throughout.The handicap-accessible basement is equipped with a full second kitchen, spacious living room, a half-bath that can convert to a full bath, and a private entrance, making it ideal for conversion into a self-contained apartment for guests or rental income. Outside, enjoy two spacious yards surrounded by mature hardwoods and views of the Chubb River off the back deck.Perfect for entertaining, the property features a 14x14 fenced-in patio with a fire pit, an 8-person hot tub nestled within a privacy fence, and a custom-built 10x8 shed/dog house. The front yard presents an opportunity with two separate lot lines, allowing for the potential construction of unattached garage(s) that could provide long-term apartment rental income.Don't miss your opportunity to own this exceptional property, offering a blend of comfort, convenience, and income potential.

Property Details of 22 Otter Way

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 Based on information submitted to NY_ACVMLS as of April 16, 2024 1:53 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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