For sale

$998,000

Est. $5,662/mo —

•

2,612

sq ft

5468 Cascade Rd, Lake Placid, NY 12946

About this home

A rare opportunity to own two adjoining lots totaling approximately 2 acres, featuring a spacious 5-bedroom, 3.5-bath home with a private backyard and an additional lot offering stunning views toward Whiteface Mountain. Located just outside the Village of Lake Placid, the property offers the benefit of no Village taxes while being adjacent to the Lake Placid Horse Show Grounds and nearby athletic fields. The additional lot provides exceptional flexibility for future development--whether residential, commercial, or another use that aligns with your vision. A unique opportunity in a prime location with outstanding potential. Parcels 42.74-3-12.000 and 42.4-4-29.100 are included in the purchase price.

Single-familyProperty Type

1960Year Built

2 acresLot Size

$382Price/Sq.Ft.

1 garage spacesParking

Listing by Brenda Goulette • Engel & Volkers Lake Placid Real Estate

Contact: colleen.holmes@evrealestate.com

Listing updated: Aug 26, 2026 at 04:06pm

Redfin checked: a few seconds ago

•Source:ACVMLS #207644

Payment calculator

$5,662 per month

Principal and interest$5,379

Property taxes

$133

HOA dues

Home insurance

$150

Utilities

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Affordability tools

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We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Tuesday

Open houses

No upcoming open houses.

Around this home

Schools

K - 12
Preschool & daycare

Lake Placid Elementary School

Public K-5 • Assigned • 1.6mi

5/10

Lake Placid Junior Senior High School

Public 6-12 • Assigned • 1.9mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

5468 Cascade Rd · $998,000

Strong offer

$981K and above

75% chance or better to win

Why $981K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 79 days.

SALE-TO-LIST

Most homes are selling 6% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Built-in electric oven
Dishwasher
Electric water heater
Accessible entrance with ramp
Total of 13 rooms

Bedrooms
Three main-level bedrooms

Bathrooms
Two full bathrooms
One half bathroom
One main-level bathroom

Kitchen
Built-in electric oven
Dishwasher

Laundry & utility
Electric water heater

Flooring
Hardwood

Heating & cooling
Propane heating

Sale and tax history for 5468 Cascade Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$3,617 (+3.8%)

$102,500 + $268,600

$371,100

2025

$3,485 (+1.0%)

$102,500 + $268,600

$371,100

2024

$3,452 (+3.9%)

$98,500 + $254,900

$353,400

2023

$3,322 (+6.6%)

$94,700 + $230,800

$325,500

2022

$3,118 (−4.3%)

$72,500 + $198,500

$271,000

2021

$3,259 (+14.5%)

$61,700 + $195,100

$256,800

2020

$2,846 (−2.3%)

$49,500 + $201,900

$251,400

2019

$2,913 (+7.6%)

$49,500 + $213,100

$262,600

2018

$2,707 (+30.5%)

$49,500 + $213,100

$262,600

2017

$2,074 (+0.3%)

$49,500 + $201,000

$250,500

2016

$2,068 (+0.2%)

$67,500 + $131,200

$198,700

2015

$2,064 (+300.0%)

$67,500 + $131,200

$198,700

2014

$516

$67,500 + $131,200

$198,700

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.4 Acres

Year renovated

1975

Finished Sq. Ft.

2,612

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,612

Year built

1956

Style

Single Family Residential

County

Essex County

APN

154089R04200400040291000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 29, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 88° expected this year, 16 days in 30 years

1/10 Wind Factor

1% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lake Placid, NY • 12946

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5468 Cascade Rd

$934,322

$64K under list price of $998K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $603K to $985K.

SOLD SEP 4, 2026
$863,750 Last sold price
3 beds2 baths2,008 sq ft
3001 Wilmington Rd, Lake Placid, NY 12946
Listing by The Reynolds Group of Lake Placid, LLC
$48/sq ft
smaller lot
16 years newer
SOLD MAR 11, 2026
$780,000 Last sold price
6 beds2.5 baths2,952 sq ft
19 Margaret Pl, Lake Placid, NY 12946
Listing by Tina Leonard Real Estate, LLC
$118/sq ft
smaller lot
32 years older
SOLD AUG 17, 2026
$985,000 Last sold price
4 beds3.5 baths3,107 sq ft
69 Interlaken Ave, Lake Placid, NY 12946
Listing by Bob Miller Real Estate
$65/sq ft
smaller lot
34 years newer
SOLD NOV 2, 2026
$680,000 Last sold price
5 beds3.5 baths2,269 sq ft
173 Kiwassa Rd, Saranac Lake, NY 12983
Listing by Rob Grant & Assoc. R.E.
$82/sq ft
smaller lot
40 years older
SOLD MAR 4, 2026
$725,000 Last sold price
3 beds3 baths1,383 sq ft
5893 Cascade Rd, Lake Placid, NY 12946
Listing by Engel & Volkers Lake Placid Real Estate
$142/sq ft
smaller lot
50 years newer
SOLD AUG 4, 2026
$603,000 Last sold price
6 beds3 baths3,024 sq ft
70 Station St, Lake Placid, NY 12946
Listing by The Reynolds Group of Lake Placid, LLC
$183/sq ft
smaller lot
10 years newer

Rental earnings

Est. $3,146 per month, based on comparable rentals

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Details provided by ACVMLS and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 5468 Cascade Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5468 Cascade Rd

Nearby similar homes

New listings for sale in 12946

More real estate resources