New multi-use property in the Lake Placid Gateway Corridor! A versatile property offering fantastic income potential with a main house and a 2 bedroom apartment - both recently renovated. The main house features 3 en-suites, a new kitchen and a new powder room with full sized stacked washer and dryer. The attached 2 bedroom apartment has an open floor plan, gas fireplace, its own entrance and an attached one car garage with storage space. Enjoy separate and ample back yards each with privacy fencing. The house comes with a new 20' X 12' screened in gazebo complete with electricity, ceiling fans and privacy wall. A large 2 story workshop sits behind the house and has a separate driveway and additional parking. The workshop currently produces $1,500/month income. The 2 bedroom apartment produces $1,200/month. This property is located in the Gateway Corridor where unlimited vacation rentals are allowed with a permit.
Single-familyProperty Type
1990Year Built
0.5 acresLot Size
$302Est. Price/Sq.Ft.
Listing by Jennifer Ledger• Merrill L. Thomas, Inc.
Bought with Karen Mergenthaler• Berkshire Hathaway HomeServices Adirondack Realty
Totally renovated spacious 3/4 bedroom home on 1/2 acre located walking distance to town. Open living room with stone fireplace, dining room, eat-in kitchen, each bedroom has it's own complete bathroom, den and laundry on main level with hardwood floors plus mudroom that leads to back yard. The second level has Master Suite with private bathroom, second bedroom with private bathroom and third bedroom with bonus 4-season room that can be large closet, small fourth bedroom or office that has a private bathroom. Large attic that has room for plenty of storage. There is a one car garage attached. Large front porch! Great value. Vacant and easy to show!!
Year
Property tax
Land + Additions
Assessment*
2026
$13,870 (+33.8%)
$106,100 + $693,700
$799,800
2025
$10,365 (+99.5%)
$106,100 + $693,700
$799,800
2024
$5,196 (+6.2%)
$102,000 + $474,300
$576,300
2023
$4,892 (+4.3%)
$98,100 + $435,500
$533,600
2022
$4,689 (−1.1%)
$75,600 + $376,600
$452,200
2021
$4,740 (−32.7%)
$64,800 + $343,300
$408,100
2020
$7,043 (−19.8%)
$54,000 + $345,000
$399,000
2019
$8,779 (+126.8%)
$54,000 + $296,700
$350,700
2018
$3,870 (−31.4%)
$54,000 + $296,700
$350,700
2017
$5,640 (−12.8%)
$54,000 + $280,000
$334,000
2016
$6,468 (+1.3%)
$62,500 + $258,800
$321,300
2015
$6,386 (+54.0%)
$109,400 + $259,400
$368,800
2014
$4,147
$109,400 + $259,400
$368,800
Tax history for 5984 Sentinel Rd
Year
Property tax
Land + Additions
Assessment*
2026
$13,870 (+33.8%)
$106,100 + $693,700
$799,800
2025
$10,365 (+99.5%)
$106,100 + $693,700
$799,800
2024
$5,196 (+6.2%)
$102,000 + $474,300
$576,300
2023
$4,892 (+4.3%)
$98,100 + $435,500
$533,600
2022
$4,689 (−1.1%)
$75,600 + $376,600
$452,200
2021
$4,740 (−32.7%)
$64,800 + $343,300
$408,100
2020
$7,043 (−19.8%)
$54,000 + $345,000
$399,000
2019
$8,779 (+126.8%)
$54,000 + $296,700
$350,700
2018
$3,870 (−31.4%)
$54,000 + $296,700
$350,700
2017
$5,640 (−12.8%)
$54,000 + $280,000
$334,000
2016
$6,468 (+1.3%)
$62,500 + $258,800
$321,300
2015
$6,386 (+54.0%)
$109,400 + $259,400
$368,800
2014
$4,147
$109,400 + $259,400
$368,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.