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4 Rustic Way, Unit 4, Lake Placid, NY 12946

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For Sale
Sale Pending

$799,000

4 beds • 4 baths • 2,564 sqft

Estimated Payment

$ 4,696 /mo. †

6.76% APR for 30 yrs.
$6,555 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $311.62
    Price per square foot

  • 11-20 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Luxury 4-bedroom Balsams townhome located in beautiful Lake Placid with no village taxes. Spacious end unit with hickory floors, Douglas fir wainscoting, screened in porch, and heated garage. Chef's kitchen has stainless steel appliances, granite countertops and custom cabinetry. Master bedroom ensuite on the main level as well as 2 more ensuite bedrooms on second floor. Lower level with walkout to patio as well as a laundry room, and 4th bedroom. Detached heated garage. Currently a very successful vacation rental income producing property, this can continue to be utilized for unlimited rentals, or would make for a wonderful full-time home. Being sold mostly furnished (exclusion list available).
MLS# 179040

Courtesy Of Bob Miller Real Estate

(518) 524-0383

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Patio
  • Appliances
    Dishwasher, Dryer, Oven - Gas, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Fireplace
    Fireplace
  • Heating System
    Fireplace
  • Lot Size
    0.07 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 4 Rustic Way, Unit 4, Lake Placid, NY 12946

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,150
  • Property Taxes
    $546
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,696

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

Schools

Lake Placid Elementary School

Grades KG-5 Public School

Lake Placid, NY 12946 0.9 miles
318 old military rd

231 total students
7:1 Student teacher ratio

School Rating: B-

School Details

Lake Placid Junior-senior High School

Grades 6-12 Public School

Lake Placid, NY 12946 1.2 miles
34 school st

330 total students
7:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
St Agnes Parochial School 1.9 miles Private PK-3
Mountain Lake Academy 2 miles Private 8-12
North Country School 4.9 miles Private 4-9

St Agnes Parochial School

Distance: 1.9 miles

Type Private

Grades: PK-3

Mountain Lake Academy

Distance: 2 miles

Type Private

Grades: 8-12

North Country School

Distance: 4.9 miles

Type Private

Grades: 4-9

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lake Placid, NY 12946

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Lake Placid, NY 12946

This community’s employment is highest in the education and food industries. The area’s overall household expenses are above the national average.

75° July
Hottest Average Month
3° January
Coldest Average Month
2,683 Total Households in Area
-0.5% Increase in population since the year 2010
32.2%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lake Placid, NY 12946

Lake Placid, NY 12946 has a population of 5,947 people in 2,683 households with a median age of 39 years old.

-0.5%
Decrease in population
since the year 2010
Population is Trending down
2,578
Total households as of 2010
3.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 87%
Black 5%
Hispanic 5%
Asian 2%
Other 1%
Native American <1%
The most prevalent ethnicity is White at 87%, followed by Black at 5%, Hispanic at 5%, and Asian at 2%.

Economics
for Lake Placid, NY 12946

40 /sq mi
Population Density
$73,066 /yr
Median Household Income
$460,000
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $100-124,999k representing 16.82% of the households.

Transportation to Work

  • Drive 71%
  • Work from Home 14%
  • Walk or Bike 12%
  • Public Transit 3%

Occupancy by Type

Owned 1,844 43%
Vacant 1,572 37%
Rented 838 20%

White vs Blue Collar Jobs







White Collar 83%
Blue Collar 17%

Family & Education Facts
for Lake Placid, NY 12946

39 Median Age

Average Household Size

1.9
persons per
household

35%

Married Households

Community Population By Education

High School Graduate 24%
Bachelors Degree 23%
Some College 18%
Graduate Degree 16%
Some High School 12%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 23.59% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
32.3% of households have children

Weather
for Lake Placid, NY 12946

The weather for this area ranges from a high of 75° F in July to a low of 3° F in January

75° July
Hottest Average Month
3° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
25°
Feb
3°
27°
Mar
13°
36°
Apr
26°
48°
May
37°
62°
Jun
46°
71°
Jul
50°
75°
Aug
49°
73°
Sep
42°
65°
Oct
32°
54°
Nov
22°
40°
Dec
9°
28°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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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