Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Whitbeck

171 Elm Street, 
Lake Placid, NY 12946

$795,000

Last List Price

5

Beds


4

Baths


3,600

Sq Ft


Single Family

Sold

Listed by

Mark Adler

, 

Margie Philo

Berkshire Hathaway HomeServices Adirondack Premier Properties

518-523-3333

MLS#

206512

Source:

NY ACVMLS

Sorry, we are unable to map this address

About This Home

171 Elm Street

An exceptional real estate investment opportunity of a 4-family home. Includes a two-bedroom apt., a one-bedroom apt., a studio apt and a separate resort quality one-bedroom cottage. $4,600 current monthly rental income. The property has been completely renovated inside and out, including new kitchens, bathrooms and flooring. Ideally located within walking distance to the Olympic Village and restaurants. Potential to operate as a Hosted short term rental property which would require an approved permit. 48-hour notice required for all showings.

Home Facts

Single Family

4 Baths

5 Bedrooms

Built in 1940

Price Summary

795,000

$220 per Sq. Ft.

MLS #:

206512


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Building Area:

3,600 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

10,890


Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$220 per Sq. Ft.

Source:NY ACVMLS
The information being provided by Adirondack Champlain Valley Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Adirondack Champlain Valley Mls All rights reserved.