4 Balsam St, Lake Placid, NY 12946

This charming 3-bedroom, 1-bathroom ranch home in Lake Placid offers incredible potential in a welcoming neighborhood. Step inside to a spacious living room featuring a cozy wood-burning fireplace—perfect for Adirondack winters. The home sits on a beautiful lot with plenty of yard space, ideal for gardening or outdoor gatherings. A newly built carport provides covered parking, and the durable, low-maintenance metal roof ensures long-term reliability. Plus, a large unfinished basement offers great storage or future expansion opportunities. While the home does need a new furnace, the sellers are leaving this choice to the new owners, allowing flexibility to convert to electric or another heating system. This property includes two parcels, with an additional 0.2-acre vacant lot that enhances privacy or offers potential for future development. Conveniently located within walking distance to Lake Placid Elementary School, the Olympic Training Center, and Adirondack Health, this home is ideal for families, athletes, or professionals looking to be in the heart of it all. Don't miss this chance to own a home in one of the Adirondacks' most desirable locations—just a little updating will make it shine!