4833 Cascade Rd 12,625 SF Sports & Entertainment Building Offered at $1,950,000 in Lake Placid, NY 12946

A rare opportunity at the entrance to Olympic Village of Lake Placid, this nearly 200-acre property combines a rich recreational legacy with development potential. Formerly the Cascade Cross-Country Ski Center, the property includes miles of ski/trail running/mountain biking trails, an 11,000± SF lodge with retail, restaurant, bar, ski shop, bunkhouse lodging for up to 32 guests, and two recently remodeled apartments, one a one-bedroom, one-bath; the other a two-bedroom, one-bath, each with spectacular mountain views.
Set within a 200-acre boreal forest of spruce, balsam, and tamarack, the land borders state wilderness and connects directly to the Jackrabbit Trail and the Olympic trail network at Mount Van Hoevenberg. A year-round brook, beaver pond, and sweeping views into the High Peaks define the landscape.
Recent improvements under current ownership have enhanced infrastructure, trail systems, and lodging facilities. Additional features include a maintenance building, ample parking for 100+ vehicles, and on-site employee housing.
Ideally situated along a busy approach into the Village of Lake Placid on RT 73, the property enjoys exceptional visibility and access, just minutes from Main Street, Whiteface Mountain, High Peaks hiking and back country skiing, and the region’s renowned Olympic venues. Its scale, setting, and infrastructure make it suitable for hospitality, recreation, or private use of uncommon scope and quality.