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1970 Saranac Ave - Whiteface Vista 14,663 SF Hospitality Building Offered at $2,195,000 in Lake Placid, NY 12946
Executive Summary
Positioned at the western gateway to the Village of Lake Placid on Saranac Avenue, Whiteface Vista is 3.1 acres of genuinely irreplaceable ground: panoramic, unobstructed views of Whiteface Mountain, a gem of the Adirondack High Peaks, high visibility from Route 86, and a parcel size that supports a meaningful redevelopment footprint. Comparable acreage with this combination of access, view, and position does not come to market in Lake Placid with any frequency.
The site currently operates as a 30-room lodging property across multiple buildings, a functioning income asset today, and a placeholder for a higher use tomorrow. The land, not the structure, is what a buyer is purchasing: this corridor has produced some of the region's more closely watched development activity over the past several years, and Whiteface Vista sits at its natural inflection point.
The opportunity suits a developer, hospitality operator, or land-forward investor with a vision, a new hotel, resort, workforce housing project, or mixed-use development anchored by frontage and views few sites in Lake Placid can match. Full financials and property profile available to qualified buyers upon request.
The site currently operates as a 30-room lodging property across multiple buildings, a functioning income asset today, and a placeholder for a higher use tomorrow. The land, not the structure, is what a buyer is purchasing: this corridor has produced some of the region's more closely watched development activity over the past several years, and Whiteface Vista sits at its natural inflection point.
The opportunity suits a developer, hospitality operator, or land-forward investor with a vision, a new hotel, resort, workforce housing project, or mixed-use development anchored by frontage and views few sites in Lake Placid can match. Full financials and property profile available to qualified buyers upon request.
Property Facts
| Price | $2,195,000 | Building Size | 14,663 SF |
| Price Per Room | $73,167 | No. Rooms | 30 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Year Built | 1900 | |
| Lot Size | 3.10 AC |
| Price | $2,195,000 |
| Price Per Room | $73,167 |
| Sale Type | Investment |
| Property Type | |
| Lot Size | 3.10 AC |
| Building Size | 14,663 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built | 1900 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 30 | - | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 154089-042-006-0003-013-000-0000 | Improvements Assessment | $618,700 |
| Land Assessment | $418,600 | Total Assessment | $1,037,300 |
Property Taxes
Parcel Number
154089-042-006-0003-013-000-0000
Land Assessment
$418,600
Improvements Assessment
$618,700
Total Assessment
$1,037,300
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1970 Saranac Ave - Whiteface Vista