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50-56 Alpine Lane

Lake Placid, NY 12946
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Bed 11

Bed

Bath 7

Bath

SqFt4,562

Sqft

Acres7.09

Acres(Lot)

Set along the gateway corridor between Lake Placid and Whiteface, this Village of Lake Placid property offers one of the rarest combinations of proven income, prime visibility, and development potential in the Adirondack Park. The parcel, which has 4.77 acres in the Village of Lake Placid and 2.32 in the town of North Elba, sits at the gateway to Main Street, with year-round access to the High Peaks, Whiteface Mountain, and the lakes that draw visitors in every season. Its river frontage and adjacency to Power Pond Park further enhance its value, connecting directly to extensive recreational trail systems while remaining within walking distance of the village center. The property is anchored by three short-term rental units that have generated consistent returns for decades: a five-bedr oom residence, a two-unit duplex, and a one-bedroom cottage. This established cash flow provides stability for an investor while laying the foundation for a more ambitious project. The development potential is where this property truly distinguishes itself. Classified Hamlet by the Adirondack Park Agency, a high-density, mixed-use zoning distinction, it is ideally suited for multi-family housing, a boutique commercial venture, or a larger Planned Unit Development. Favorable local and state policies encourage precisely this type of investment in designated service centers, and the infrastructure—utilities, access, and cleared building areas—is already in place. Mountain vistas, river frontage, and adjacency to Power Pond Park add marketability and long-term value to any project envisioned here. For developers and business leaders, this is a rare opportunity to secure a site with scale, flexibility, and immediate market presence in Lake Placid's most strategic growth corridor.

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Detail Ic Property Details

Property Type : Residential

Price : $2,495,000

AD Id : 79763395

MLS Id : 205968

Beds : 11

Lot Size : 7.09 Acres

Living Area Size : 4,562

Year Built : 1940

County : Essex

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Feature Features

  • Bedroom Information

    Total beds: 11

    Bathroom Information

    Total Baths: 7 Full Baths: 6 Half Baths: 1
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Water front: 1

  • Building Information

    Year Built: 1940 Building Area Total: 4562 Stories: 2 Frontage Length: 443 Private Pool: No Water front Features: River Front View: Meadow, Mountain(s), Trees/Woods

  • Lot Information

    Main Square Feet: 7.09 Acres Lot Size Acres: 7.09 Lot Size Square Feet: 308840.4 Lot Description: Waterfront

  • Listing Price Information

    Listing Price: $2495000 Original Price: $2750000

  • Tax Information

    Parcel Number: 42.240-1-4.000 Annual Tax: $14058.67

  • Location Information

    Direction: From Lake Placid, head southeast on NY-86 E/Wilmington Road. In 0.2 miles, turn right onto Alpine Way. Property will be at the end of the road. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12 George & Bliss Lane .., Lake Placid, NY, 12946 $1,995,000 3 3 2,000 2,000 SqFt
12 George & Bliss Ln Pi.., Lake Placid, NY, 12946 $999,000 3 1 1,200 1,200 SqFt
12 George And Bliss Lan.., Lake Placid, NY, 12946 $1,195,000 2 2 1,437 1,437 SqFt
12 George & Bliss #510, Lake Placid, NY, 12946 $1,495,000 3 2 6,000 6,000 SqFt
43 American Way, Lake Placid, NY, 12946 $725,000 3 2 1,650 1,650 SqFt
54 John Brown Road, Lake Placid, NY, 12946 $1,975,000 5 5 4,898 4,898 SqFt
3001 Wilmington Road, Lake Placid, NY, 12946 $895,000 3 2 2,008 2,008 SqFt
32 Cobble Hill Road, Lake Placid, NY, 12946 $2,950,000 7 5 6,605 6,605 SqFt
20 Morningside Drive #B.., Lake Placid, NY, 12946 $4,000 2 2 1,704 1,704 SqFt
20 Morningside Drive #B.., Lake Placid, NY, 12946 $1,500 2 2 1,704 1,704 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Adirondack-Champlain Valley Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Adirondack-Champlain Valley Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 20:33

MLS: 205968 LISTED BY: Matthew Smith, Landvest, Inc. 518-576-2297 SOURCE: AdirondackChamplain Valley MLS

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