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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.

Property Facts

Price $3,055,572 CAD
Price Per Room $101,852 CAD
Sale Type Investment
Property Type
Hospitality
  • Hospitality Hotel
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 - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
154089-042-006-0003-013-000-0000
Land Assessment
$582,716 CAD
Improvements Assessment
$861,268 CAD
Total Assessment
$1,443,984 CAD
  • Listing ID: 41707243

  • Date on Market: 2026-08-11

  • Last Updated:

  • Address: 1970 Saranac Ave, Lake Placid, NY 12946

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