5468 Cascade RoadLake Placid, NY 12946Price: $998,000

Rare 2-acre Lake Placid offering with Whiteface Mountain views from both the home and adjoining parcel, spectacular Adirondack sunsets, unlimited vacation rental potential, and a buildable 1.60-acre lot with views of the iconic Olympic Ski Jumps. Direct trail access, adjacent to the Lake Placid Horse Show Grounds, village water, and no village taxes complete this exceptional Adirondack opportunity. The charming vintage home sits on a 0.40-acre parcel and offers exceptional flexibility as a year-round residence, vacation retreat, or investment property for vacation rentals. The adjoining 1.60-acre parcel provides an ideal setting for a future dream home, guest house, or expansion. Outdoor enthusiasts will appreciate direct access to a 1.85-mile cross-country ski and hiking trail connecting to the Bridle Trail and renowned Jackrabbit Trail system, with the Ausable River, McKenzie Mountain, and Sentinel Range nearby. Enjoy a front-row seat to the prestigious Lake Placid and I Love NY Horse Shows and watch planes arrive and depart from nearby Lake Placid Airport against a stunning mountain backdrop.Recent improvements include a new 1,000-gallon septic tank (2021), propane furnace (2022), and mini-split system. Natural buffer areas on both sides provide additional privacy. A truly unique property offering mountain views, unforgettable sunsets, recreation, investment flexibility, and future development potential. Parcels42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.