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Listed price in listed location currency (USD).
$450,000

000

MLS® 206655

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $3,549
Days Active 4
Lot Size 
Approx. Age 1930
MLS® Number 206655

Property Address: 245 Station St, Lake Placid, NY, 12946-1950

Average square foot calculated using Size range provided by listing agent.

Description

Bear's Den is a well located two unit property in a quiet residential neighborhood of Lake Placid that offers both comfortable accommodations and an excellent investment opportunity. The home is currently operated as a successful vacation rental and has developed a strong base of repeat guests. The property consists of two separate apartments within the home. The first floor features a spacious two bedroom, one and a half bathroom apartment with generous living space and a fully equipped kitchen. The second floor offers a large one bedroom apartment with two bathrooms and an open, comfortable layout that works well for couples or small families. Both apartments provide plenty of space for guests to relax after a day enjoying the Adirondacks. One of the standout features of Bear's Den is its location. The home sits right at the start of the Adirondack Rail Trail, allowing guests to walk, bike, or ski directly from the property depending on the season. It is also less than a mile from Main Street, where you will find Lake Placid's restaurants, shops, Olympic venues, and the shoreline of Mirror Lake. Beyond its appeal as a place to stay, Bear's Den has proven to be a profitable vacation rental. The current owner is willing to transfer existing bookings and provide income history for both units. The property is presently operated under a lodging permit, and a new owner would simply need to apply for the appropriate permits to continue operating the property as a short term rental. With its combination of strong rental potential, convenient location, and comfortable living spaces, Bear's Den offers a rare opportunity to own a turnkey vacation rental property in Lake Placid.
MLS® Number206655
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1930
BasementCrawl Space
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
245 Station St, Lake Placid, NY

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