Owned by one family for nearly 50 years, this five bedroom, four bath property on four acres offers a new owner a remarkable opportunity for transformation on a significant scale. The residence is a time capsule that blends mid-century modernism and Alpine rusticity. At the center of this 7,026 sq. ft. grand chalet is a jaw-dropping great room with a magnificent double-sided fireplace and walls of windows that offer some of the finest views in Lake Placid. The epitome of open concept, the layout transitions seamlessly from great room, dining room, kitchen, family room, and master suite with spa and sauna. All are on the main level, and all have access to a deck that wraps around much of the home. The upper and lower levels offer additional bedrooms and baths, ample shared spaces, storage, a potential apartment, and a two car garage. The home will require extensive renovation. Bob Miller Real Estate is pleased to present this offering for $1,699,000.