Whiteface Vista 1970 Saranac Ave 31 Unit Apartment Building $2,195,000 ($70,806/Unit) Lake Placid, NY 12946

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.