22 Otter Way, Lake Placid, NY 12946
FOR SALE0.94 ACRES

22 Otter Way
Lake Placid, NY 12946

  • 5 Beds
  • 3 Baths
  • 3,290 sqft (on 0.94 acres)
  • 5 Beds
  • 3 Baths
  • 3,290 sqft (on 0.94 acres)

$650,000

Est. Mortgage $4,399/mo*
We estimate this home will sell faster than 85% nearby.

Local Information

map showing home location
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Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$198
Listed
34 days ago
Last check for updates: about 16 hours ago
Listing by: Merrill L. Thomas, Inc., (518) 523-2519
Kelsey Cassidy
Source: ACVMLS, MLS#201510

Home Details for 22 Otter Way

Interior Features

Interior Details
Basement: Block,Exterior Entry,Finished,Walk-Out AccessNumber of Rooms: 13
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3290 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator, Washer/DryerDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Baseboard,OilHas HeatingHeating Fuel: Baseboard
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl, Wood
Levels, Entrance, & Accessibility
Floors: Carpet, Laminate, Vinyl, Wood
View
Has a ViewView: River

Exterior Features

Exterior Home Features
Fencing: WoodExterior: Courtyard, Fire Pit, Private Entrance, Private YardFoundation: Block
Parking & Garage
No Garage
Frontage
WaterfrontOn Waterfront
Finished Area
Finished Area (above surface): 1700 Square FeetFinished Area (below surface): 1590 Square Feet

Days on Market

Days on Market: 34

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Brick Veneer, Vinyl Siding
Property Information
Parcel Number: 42.221115.111

Price & Status

Price
List Price: $650,000Price Per Sqft: $198

Active Status

MLS Status: Active

Location

Direction & Address
City: Lake PlacidCommunity: None
School Information
High School District: Lake Placid

Agent Information

Listing Agent
Listing ID: 201510

Building

Building Area
Building Area: 3290 Square Feet

Lot Information

Lot Area: 0.94 acres

Offer

Listing Agreement Type: Exclusive Right To Sell

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Lease Term: None

Miscellaneous

BasementMls Number: 201510Water ViewWater View: River

Price History for 22 Otter Way

DatePriceEventSource
03/24/2024$650,000Listed For SaleACVMLS #201510
01/04/2016$300,000Sold
ACVMLS #150876

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Property Taxes and Assessment

Year2016
Tax
Assessment$258,400
Home facts updated by county records

Comparable Sales for 22 Otter Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$434,800
02/29/24
3
3
1,890
0.29
Single-Family Home
$420,000
05/12/23
3
2
1,629
0.40
Single-Family Home
$725,000
08/11/23
3
3
2,690
0.20
Single-Family Home
$320,000
11/01/23
3
3
1,472
0.41
Single-Family Home
$995,000
10/12/23
4
3
3,137
0.37
Single-Family Home
$410,000
02/26/24
3
2
1,576
0.46
Single-Family Home
$475,000
07/31/23
3
2
1,779
1.04
Single-Family Home
$720,000
11/14/23
5
3
2,320
0.46
Single-Family Home
$315,000
11/20/23
3
2
1,298
0.37
Single-Family Home
$517,500
03/01/24
3
2
1,250

What Locals Say about Lake Placid

  • Asward
    "Dog owners would love this location. There is a dog beach! There are lots of businesses that have dog bowls and lots of local support."
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  • Fabistewart22
    "Not too many dog friendly restaurants and stores and all local trails require leashes. But the horse show grounds is great for off leash runs "
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  • Sean F.
    "Beautiful place to visit!!! So Gorgeous, Check it out!! Check Out ‘Miracle’ with Kurt Russell for the Story of the 1980 United States Olympic Hockey Team that took place here!!!"
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  • Emily D.
    "Many parks, and family friendly restaurants. Parking is a nightmare, Main St. is busy! Maybe leashes for kids would be good here. "
    1
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  • Emily D.
    "there is no parking. there's a park off of main street by mirror lake. lots of families around and family friendly restaurants."
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  • Bob M.
    "Wonderful location walking distance to Mirror Lake and the local beach. Pine Hill Townhomes has its own trolly stop downtown and to Whiteface Mountain."
    1
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  • placidpoodle
    "Awesome neighborhood, walking distance to Lake Placid amenities! Many professionals live here."
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  • placidpoodle
    "We live here and love it. The area is particularly friendly for outdoor sport enthusiasts. We especially love our area's low incidence of natural disasters, and the local food and several large, organic farms available nearby. Restaurants in the village are fantastic. Variety is terrific. There really is something for everyone here. "
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LGBTQ Local Legal Protections

Kelsey Cassidy, Merrill L. Thomas, Inc.
Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is 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. Listing information deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
22 Otter Way, Lake Placid, NY 12946 is a 5 bedroom, 3 bathroom, 3,290 sqft single-family home built in 2006. This property is currently available for sale and was listed by ACVMLS on Mar 24, 2024. The MLS # for this home is MLS# 201510.