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101 Morningside Drive Building 8, unit 40,, Lake Placid, NY 12946

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For Sale

$12,000

2 beds • 2 baths • 1,704 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Time Share
    Property type

  • $7.04
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

The purchase of a timeshare vacation week at the Lake Placid Club Lodges offers you an annual opportunity to enjoy the natural wonders of the Adirondacks and the exciting and vibrant venues of Lake Placid. The beautiful and spacious lodges, located within walking distance of all of the sites, sounds and tastes of picturesque Lake Placid Village, can be your vacation home of a lifetime for just a fraction of the cost of a regular vacation property. If you are not familiar with the unique world of timeshare vacation ownership, our staff is available to answer any questions you may have. In the meantime, the following information may be helpful to you as you move forward deciding on your investment. The newly renovated and refurbished Lake Placid Club Lodges is a 'sold-out' Resort. This limits the purchase of a timeshare vacation week at our Resort to a purchase from a current owner. The good news is that you will never feel the high-pressure sales atmosphere you may find at other timeshare resorts. The bad news is that there are only a few weeks available for sale at any given time. The timeshare intervals at Lake Placid Club Lodges are 'fixed' weeks, in that you own a specific week in a specific lodge. We do not have 'float' time or revolving times. The lodge you purchase is the one you will use each year. The start date of each week is based on the RCI exchange calendar, the standard calendar used by the majority of time-share resorts throughout the world. A copy is attached for your review. Ownership at the Lake Placid Club Lodges is 'fee simple' meaning owners receive a deed, which has no time restriction, is fully willable, and can be used as with any equity property. Owners in good standing are members of the Lake Placid Club Lodges Owners' Association and have voting rights equal to their ownership percentage. Annual operating and reserve expenses total $ 888.00 per week in 2024. In addition local real estate taxes, billed to each owner
MLS# 202938

Courtesy Of Lake Placid Accommodations

(518) 523-9861

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Dock, Porch, Vaulted Ceiling, Sauna
  • Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Tile - Ceramic
  • Heating System
    Fireplace, Forced Air, Heat Pump
  • Lot Size
    0.01 Acres
  • Roof Type
    Asphalt
  • Rooms
    Sauna

Map and Directions

Directions to 101 Morningside Drive Building 8, unit 40,, Lake Placid, NY 12946

Home seller CENTURY 21 TheOne

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 TheOne

(518) 563-7350
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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