This rare offering brings endless possibilities with two striking buildings on 0.2 acres, plus an additional 0.3-acre natural buffer along the McKenzie Brook for a private setting that feels tucked away, yet is right in Lake Placid's Gateway Corridor. The result is a versatile property that blends industrial edge, barndominium character, and modern farmhouse warmth into something entirely unique. The back residence, a 1,250 sq. ft. , two-bedroom, one-bath home is a study in rustic elegance. Reclaimed barn wood walls, polished concrete floors, exposed beams, and brand-new Andersen windows and doors create a space that feels both grounded and light-filled. Two levels of glass-railed decks (500 sq. ft. total) connect you to the outdoors and the sound of the babbling brook below, offering the perfect perch for morning coffee or evening gatherings in every season. Being sold turnkey — equally suited for a primary residence, guest retreat, or income-producing rental from day one. The front building, facing Cascade Road, is where vision meets possibility. A 900 sq. ft. , two-story clear-span design means no interior load-bearing walls. The first floor can become anything you imagine. The heavy lifting is done: new roof, siding, windows, electrical, and plumbing are already in place. All that's left is to shape the interior to your style, whether that's a loft-like 2-bedroom, 1-bath residence, an artist's studio, a boutique retail space, or a hybrid live/work environment. Remaining renovations can be completed by the seller to suit the buyer's needs for an additional fee. The location is ideal and just minutes to world-class skiing, hiking trails, restaurants, and year-round events, yet with the quiet of your own private corner of the Adirondacks. A rare chance to combine immediate occupancy with long-term vision to create your ultimate retreat or business venture. With a short-term lodging permit, both units can be rented for unlimited nights throughout the year!
ACVMLS #173001
Sep 7, 2021
Sold
$122,500
$57/sq ft
Apr 5, 2021
Listed
$140,000
$65/sq ft
Located on the route 86 travel corridor as you enter Lake Placid. This property consists of two homes, both have three bedrooms, living rooms and kitchens located on two lots, one is . 20 acres and the other is . 30 acres. Both are in workable condition. However, both would require extensive rehabilitation to create the perfect property. if you are a visionary and creative this property will be for you. Please review the PCD.
Year
Property tax
Land + Additions
Assessment*
2026
$4,982
$105,900 + $424,700
$530,600
2025
$4,982 (+43.8%)
$105,900 + $424,700
$530,600
2024
$3,465 (+62.2%)
$101,800 + $253,000
$354,800
2023
$2,136 (+4.7%)
$97,900 + $111,200
$209,100
2022
$2,040 (+0.5%)
$76,200 + $101,000
$177,200
2021
$2,029 (+19.5%)
$65,400 + $94,400
$159,800
2020
$1,699 (−0.3%)
$50,100 + $107,900
$158,000
2019
$1,703 (−2.3%)
$50,100 + $99,900
$150,000
2018
$1,742 (−11.9%)
$50,100 + $99,900
$150,000
2017
$1,978 (+0.7%)
$50,100 + $99,900
$150,000
2016
$1,965 (+20.0%)
$42,800 + $122,100
$164,900
2015
$1,638 (+3.5%)
$42,800 + $122,100
$164,900
2014
$1,582
$42,800 + $122,100
$164,900
Tax history for 5880 Cascade Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,982
$105,900 + $424,700
$530,600
2025
$4,982 (+43.8%)
$105,900 + $424,700
$530,600
2024
$3,465 (+62.2%)
$101,800 + $253,000
$354,800
2023
$2,136 (+4.7%)
$97,900 + $111,200
$209,100
2022
$2,040 (+0.5%)
$76,200 + $101,000
$177,200
2021
$2,029 (+19.5%)
$65,400 + $94,400
$159,800
2020
$1,699 (−0.3%)
$50,100 + $107,900
$158,000
2019
$1,703 (−2.3%)
$50,100 + $99,900
$150,000
2018
$1,742 (−11.9%)
$50,100 + $99,900
$150,000
2017
$1,978 (+0.7%)
$50,100 + $99,900
$150,000
2016
$1,965 (+20.0%)
$42,800 + $122,100
$164,900
2015
$1,638 (+3.5%)
$42,800 + $122,100
$164,900
2014
$1,582
$42,800 + $122,100
$164,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
2000
Sq. Ft.
729
Year built
1920
Style
Other
County
Essex County
APN
154089A04206600080020000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 23, 2026.
Property details
Parking
Parking Information
# of Parking Total: 6
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Total Integer): 2
Bath Levels: Full Bath 1: 1st
Bath Levels: Full Bath 2: 2nd
Room 1 Information
Type: Kitchen
Level: First
Room 2 Information
Type: Great Room
Level: First
Room 3 Information
Type: Laundry
Level: Second
Room 4 Information
Type: Bedroom
Level: Second
Room 5 Information
Type: Bedroom
Level: Second
Room 6 Information
Type: Bedroom
Level: Second
Room 7 Information
Type: Bedroom
Level: Second
Room 8 Information
Type: Full Bathroom
Level: Second
Room 9 Information
Type: Full Bathroom
Level: First
Laundry Features
Laundry Features: Laundry Closet
Fireplace Information
Has Fireplace
# of Fireplaces Total: 1
Fireplace Features: Gas, Living Room
Interior Features
# of Rooms Total: 9
Interior Features: Solid Surface Counters
Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Washer/Dryer