22 Otter Way, Lake Placid, NY 12946 (MLS # 201510)

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PRICE $650,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 3,290 sqft
LOT SIZE 40,947 sqft

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.

DAYS ON MARKET 37 LAST UPDATED 3/24/2024
TRACT None YEAR BUILT 2006
COMMUNITY Lake Placid COUNTY Essex
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator, Washer/Dryer
AREA Lake Placid
BASEMENT Block, Exterior Entry, Finished, Walk-Out Access, Yes
BUYER'S BROKERAGE COMPENSATION 2.50
CONSTRUCTION Brick Veneer, Vinyl Siding
EXTERIOR Courtyard, Fire Pit, Private Entrance, Private Yard
HEAT Baseboard, Oil
INTERIOR Bar, Storage
LOT 0.94 acre(s)
LOT DESCRIPTION Waterfront
STYLE Ranch
SUBDIVISION None
TAXES 5069
VIEW Yes
VIEW DESCRIPTION River
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Merrill L. Thomas, Inc.

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