Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property's location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Various furnishings included. Great investment opportunity!
Sold for $925,000 on 05/09/25
$925,000
58 Garden Way #4, Lake Placid, NY 12946
3beds
1,836sqft
Townhouse
Built in 1974
4,356 Square Feet Lot
$942,100 Zestimate®
$504/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 09, 2025 at 05:50am
Listed by:
Mark Adler,
Adirondack Premier Properties Berkshire Hathaway HomeService
Bought with:
Mark Adler, 30AD0785428
Adirondack Premier Properties Berkshire Hathaway HomeService
Source: ACVMLS,MLS#: 203576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Carpet
- Level: Second
- Area: 221 Square Feet
- Dimensions: 13 x 17
Bedroom 2
- Features: Carpet
- Level: Second
- Area: 140 Square Feet
- Dimensions: 10 x 14
Bedroom 3
- Description: half bathroom
- Features: Ceramic Tile
- Level: First
- Area: 25 Square Feet
- Dimensions: 5 x 5
Bedroom 3
- Features: Carpet
- Level: Second
- Area: 160 Square Feet
- Dimensions: 10 x 16
Bathroom 1
- Features: Ceramic Tile
- Level: Second
- Area: 42 Square Feet
- Dimensions: 6 x 7
Bathroom 2
- Features: Ceramic Tile
- Level: Second
- Area: 30 Square Feet
- Dimensions: 5 x 6
Kitchen
- Features: Ceramic Tile
- Level: First
- Area: 81 Square Feet
- Dimensions: 9 x 9
Living room
- Description: livingroom & dining room
- Features: Carpet
- Level: First
- Area: 502.25 Square Feet
- Dimensions: 20.5 x 24.5
Heating
- Baseboard, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Room, Main Level
Features
- Granite Counters, High Ceilings, High Speed Internet, Recessed Lighting, Storage
- Flooring: Carpet, Ceramic Tile
- Windows: Wood Frames
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
- Finished area above ground: 1,836
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Lighted, Off Street, On Site, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Lighting, Storage
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake
Lot
- Size: 4,356 sqft
- Features: Level, Many Trees, Near Golf Course, Views
- Topography: Level
Details
- Parcel number: 42.17627.000
- Zoning: Residential
- Other equipment: Call Listing Agent
Construction
Type & style
- Home type: Townhouse
- Architectural style: Adirondack
- Property subtype: Townhouse
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Lake Placid
- Subdivision: Lake Placid Club
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $206 monthly
- Amenities included: Insurance, Landscaping, Maintenance, Snow Removal, Trash
- Services included: Snow Removal, Trash
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved