NEW IMPROVEMENTS MADE! This beautifully renovated 3 bedroom, 2 bathroom home is nestled on a generous 0.25 acre lot in the heart of Saranac Lake. In October 2025, the basement was encapsulated, which includes a heavy duty vapor barrier and dehumidifier. This home was completely renovated in 2022, and seamlessly blends modern comfort with timeless character. The open concept first floor is filled with natural light from ample windows, creating a warm, inviting space ideal for both everyday living and entertaining. Energy efficient mini splits provide year round comfort with both heating and cooling, while updated finishes throughout enhance the home's overall appeal. Outside, there is an additional parking area above that allows space for boat parking, guest overflow, or a great area to add a storage shed. Ideally located within close proximity to the Village Main Street, Dewey Mountain Recreation Center and local schools, this home offers the perfect combination of convenience and charm. Enjoy Adirondack living at its finest with a spacious front deck perfect for entertaining or relaxing and a private balcony off one of the upstairs bedrooms where you can unwind and take in the fresh mountain air. Just a mile away, the Saranac Lake Annex Marina offers boat slips and storage for easy access to the lake. Nearby is a convenient launch spot to explore the scenic waterways by kayak or canoe. Whether you you are seeking a year round residence or a seasonal retreat, 181 Lake Street offers the perfect balance of modern living, historic character and unbeatable access to the natural beauty and charm of Saranac Lake. Don't miss your chance to own a move in ready home in one of the Adirondacks' most beloved communities.