Merrill L. Thomas Buyers Guide Jan 09

REAL ESTATE BUYER’S GUIDE

Merrill L. Thomas, Inc. THE REAL ESTATE COMPANY 2469 Main Street, Lake Placid, NY 12946 800-244-7023

518-523-2519

(fax) 518-523-2796

www.adirondackestates.com mlthomas@adirondackestates.com Photo by Rolf Schulte

“The Inlet” at Abenaki

Tranquil and alluring waterfront setting along the shore of Lake Placid.

3 full acres and 334 lake front feet. Charming 4 bedroom, 2 bath summer home situated only a few feet from the water’s edge includes a large living/ dining room with fireplace and picturesque views across Sunset Strait.

Very appealing screened porch with second fireplace and quaint country kitchen. Adjoining deck and elevated walkway provides easy access to year-round boathouse living. Beautifully renovated interior of polished wainscot, southern pine flooring, granite counters and raised stone fireplace. 2 bedrooms and 1 1/2 baths with sitting deck above the water.

3 interior boatslips plus attractive swim dock. Property includes a separate approved waterfront building lot plus most furnishings. Access over the Peninsula Road. $3,500,000 2

Camp Wawbeek Upper Saranac Lake

This spectacular waterfront masterpiece is a unique blend of rustic elegance and traditional Adirondack camp architecture. Once the focal point of the historic Wawbeek property, the camp offers both the convenience of road access and panoramic views of Upper Saranac Lake with Whiteface Mountain in the distance. You will be captivated by its soaring great room with exposed beams, perlins and polished log woodwork, complimented by a floor-to-ceiling native stone fireplace and antler chandelier. 3 additional stone fireplaces enrich a dramatic 3100 SF floor plan featuring 3 bedrooms plus large loft, 3 baths, chef’s kitchen and family entertainment room. Other attributes include extensive wrap-around decking, screened porch with stone fireplace, 2 stall garage with finished room above and boathouse with 2 large slips. A great opportunity to enjoy one of the most prestigious lakes in the Adirondacks. $2,950,000 3

GRINDSTONE BAY Inspired by Nature...

Preserved over Centuries

$1,950,000 2400 Feet of Lake Front 108 Acres and Private Pond

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Lands End

UPPER SARANAC LAKE This historic waterfront estate, located on the northern shore of Upper Saranac Lake, was originally constructed in 1931 for the DuPont family.

12,000 SF main lodge offers 8 bedrooms, 8 full baths and 2 half baths.

Dramatic great room accented by post and beam trusses, fieldstone fireplace and custom bar with views of the lake. Professional kitchen detailed with butler’s pantry, commercial appliances and walk-in cooler. 5 additional fireplaces, game room, separate structure with full workout facility. Two stall garage with caretaker’s quarters and gardening shed. Two story boathouse with one bedroom, two full baths and kitchen. 16.6 acres and 843 feet of sandy shoreline. Access is year round. Minutes from Adirondack Regional Airport and renowned Saranac Inn 18 hole golf course. $5,250,000.

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MOUNTAIN VIEW LAKE The perfect 3 season retreat!

Very appealing vacation cottage situated on a .6 acre lot with 161 feet of sandy bottom lakefront. Two bedrooms and one bath with fireplace and screened porch overlooking the water. Ideal spot for swimming, boating and fishing. A great buy! $190,000

MOOSE ISLAND Exceptional waterfront parcel located at the north end of Lake Placid lake. Dramatic setting under the shadow of Whiteface Mountain. 1.1 acres with 150 feet of shoreline. State land borders the site on 3 sides.

Privacy and views at its very best. Owner has a leased boatslip on mainland. $575,000

LUXURY WATERFRONT CONDOMINIUM 1900 SF 3 BR, 2 1/2 bath unit offers a deeded boatslip on Lake Placid. Beautifully finished with stone fireplace, tile and hickory flooring, granite counters and top quality kitchen. Completely furnished and indoor parking. Site has 220 feet of shoreline, expansive lawn area and mountain/lake views. $795,000

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ROBYN’S NEST Classic Adirondack style home with views of Mirror Lake in a private natural setting. 4 bedrooms, 3 1/2 baths, floor to ceiling granite fireplace and state of the art kitchen. Large rec room, outdoor deck and close proximity to town. Built in 2006 and in perfect condition. $925,000

EXCEPTIONAL BUY!!

Spectacular Adirondack style residence offers over 9,000 SF of living space. Stone fireplaces, wood plank flooring, stainless appliances, granite counters and much more. 8 bedrooms, 6 1/2 baths with theater, gym, central air and 2 car garage. 5.5 acre site with beautiful views, private entrance drive and tennis court. A steal at $1,195,000!

LAKE LOG CABIN Charming 3 bedroom log home on 1.46 acres on popular Mirror Lake Drive. Recent renovations include new full bathroom, new large hot water heater, new washer and dryer.

Floor to ceiling cobblestone fireplace, hardwood floors and vaulted ceiling in living room.

Deeded lake access across the road to Mirror Lake. Very successful vacation rental. Most furnishings stay. $735,000

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- EXCEPTIONAL181 ALGONQUIN DRIVE This distinctive Adirondack masterpiece is in exquisite condition.

Three levels of living with a 5500 SF floor plan having 6/7 bedrooms, 4 1/2 baths, great room, open dining and 3 stone fireplaces.

Beautiful finish work with intricate twig and log detailing. Two car garage and convenient location. A real gem! $1,195,000

BEAR CUB LOJ Adirondack Craftsman masterpiece with beautiful mountain views, features 7,000 SF having 4 bedrooms, 4 1/2 baths, soaring great room with massive stone fireplace, stunning chandeliers, chef’s kitchen w/granite counters and stainless steel appliances.

Three additional stone fireplaces, rustic twig railings, 3 car garage.

Great horse property with 10.29 acres including 3 fenced pastures. $2,395,000

GRAND ADIRONDACK STYLE This prestigious home is located adjoining the golf course at the Whiteface Club & Resort. New construction includes 5 bedrooms, 4 full baths, 2 half baths, 4 native fieldstone fireplaces, & 6000 square feet of living space.

Additional features include vaulted ceilings, log railings, exquisite birch bark & twig construction, plus a gourmet kitchen. Club membership with access to tennis, golf and beach. Reserved boatslip available. $2,250,000

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- EXCEPTIONAL-

PINEHURST #5 Here’s a wonderful waterfront opportunity on one of the area’s most picturesque lakes. Inviting 3 bedroom/3 bath cottage with a 2 stall garage and guest quarters above. 1.05 acre site has 244 feet of shoreline on Lower Saranac Lake and a 2 slip boathouse with bonus room above.

Property offers miles of inter-connecting lake access and great mountain views. $1,350,000

OVERLOOK DRIVE Custom built Adirondack style lodge located at the Whiteface Club and Resort. Spacious 5000 SF floor plan with 5 bedrooms, 4 1/2 baths and elegant detail in every room. Maple floors, granite countertops, cedar closets, vaulted ceilings, in-floor radiant heat, and 4 fireplaces. Full finished walk-out basement. Golf, tennis, cross country skiing, beach, marina and restaurants just steps away. $1,175,000

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- RESIDENTIAL -

Acorn Street

Indian Rock

3 BR, 1.5 bath charming cottage in one of Lake Placid’s finest neighborhoods. Many attractive upgrades include new exterior siding, new roof, professional landscaping and extensive entertainment deck. Convenient to Hillcrest Park and village stores. $379,000

Charming 3 bedroom log home on a 1 acre wooded lot. Open floor plan w/vaulted ceiling, wood-burning stove w/natural stone backdrop & adjoining open deck for entertaining. Full basement w/finished family game room, 2 full baths, oil & radiant in-floor heating. Wonderful condition. $359,000

Wesvalley Road

Little Brook

Neat and charming 2 bedroom, 1.5 bath cottage. Very attractive and well maintained yard and garden plots. 1685 SF of main living space includes fireplace with pellet stove insert. Lower level apartment has 1 bedroom and 1 bath with separate parking.

Walking distance to Main St. A real gem! $279,000

Spacious 2300 SF Adirondack design. 3 BR, 3 bath floor plan w/full partially finished lower level having ideal office space & workshop. 2 ac. of meticulously landscaped grounds with perennials, cedar trees and sprawling grass lawn. Detached 2 stall garage has an attractive studio apartment. $649,000

Sequoia Mountain Road

Newman Road

High quality all propane home in a quiet area of Ausable Acres with seasonal mountain views looking at gorgeous sunsets.

Insulated concrete block foundation with in-floor hot water heat.

Open floor plan with pine ceilings, hardwood floors and ceramic tile in bathrooms. Quality Builder! $265,900

Very attractive multi-unit offering. 3 bedroom, 2 bath main level residence. Upper floor has a 2 BR, 1 bath apartment. Detached garage with 2 bays plus an attached 2 bedroom apartment.

Monthly gross rents are over $3,000 per month. Great income opportunity. $382,500

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- RESIDENTIAL -

Beechwood Farmhouse

Acorn Street

Impeccably maintained farmhouse-style home boasts some 4692 SF and views of Whiteface Mt. and the Sentinels. Located in the desirable Beechwood neighborhood with Lake Colby and Mt. Pisgah nearby. 3 bedrooms, 3 full baths, living room with wood burning stone fireplace, sun room/family room with woodstove, 2nd level loft, 2 car attached garage and sizeable full basement. $499,000

Adorable colonial cape located in a great neighborhood. 1600 SF layout includes 4 bedrooms and 1 1/2 baths. Living room has fireplace with woodstove insert. House is dated, but very clean and in move-in condition. Three season front sitting porch, full basement and detached one car garage. $239,000

Norman Rockwell Setting

Stone Road

Historical 1869 totally renovated farmhouse. New plumbing, heating, electric systems. Original wide plank flooring, granite counters and bonus room on main level with French doors. 4 bedrooms, 3 1/2 baths. Exceptional views of Whiteface from almost every room. Extensive structural overhaul. $485,000

Adirondack/Contemporary design on 5.05 private acres in Lake Placid. 4 bedrooms, 2.5 baths, great room with Adirondack fieldstone fireplace, maple hardwood floors, large open sun deck, vaulted wood ceilings and open kitchen with stainless steel appliances. Includes easement to nearby Alford Pond. Horses are permitted. $599,000

Woodknoll Townhome

Blue Horse Lodge

Private townhouse setting in close proximity to the Lake Placid business center. 2 bedroom, 2 1/2 bath unit offers some 1344 SF of living space. Fireplace, small deck and solarium dining.

Attractive grounds with detached one stall garage. Most furnishings included. Good vacation rental history. $250,000

Lovingly maintained and restored log home is located along a quiet country road just a short drive from Lake Placid. Its 3 bedroom, 2 bath open floor plan features original wide plank flooring & hand hewn beams. Very appealing 5 acre site with babbling brook and small pond. $445,000

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THE BALSAMS at Lake Placid

Elegant living in the great outdoors…

This intimate cluster of townhomes has been tastefully designed with the Adirondacks in mind. Brand new 2 and 3 bedroom units comprising 2000 SF to 2800 SF of total living space with unmatched craftsmanship. Special features include the following: • • • • • • • • •

A variety of standard floor plans with upgrade package choices Ceramic tile and hardwood flooring plus polished granite countertops Multiple baths with in-floor heat Gas fireplaces with granite hearths A main floor bedroom feature (3 bedroom units) Exterior log window trim, rustic brainstorm siding and an Adirondack screened porch All units have garages Traditional Adirondack twigwork railings also available Golf, tennis, hiking and world class fishing all nearby

Starting at $429,900 The Balsams at Lake Placid Old Military Road, Lake Placid, NY 12946 Sponsor-Mountain View Builders, LLC 40 Church Street, Bldg. #2 P.O. Box 30, Lake Placid, NY 12946

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For the conservation-minded buyer! A 300-acre tract comprised of 17 carefully designed parcels averaging eight acres with 400 +/- feet of water frontage. Each homesite has the opportunity for a main residence with guest house or cabin.

Adirondack-style architecture will further complement this spectacular setting.

155 acres have been set aside as open space to maximize privacy, wildlife habitat and recreational enjoyment. Wild forest-designated state owned lands border the property. Union Falls Pond, a 1,650 acre body of water, is well known for its great fishing, paddling, and population of bald eagles. Limited horsepower boat restrictions guarantee a tranquil lifestyle and enhance the quality of this water resource.

Gradual sloping, sandy shoreline with southern exposure and great views of Whiteface, Esther, and Catamount Mountains. APA approved. From mid $200s.

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- LAND -

Fawn Ridge Exceptional lakeview lot has impressive vista of Whiteface Mountain and surrounding peaks. Level building area with gradual fall away slope.

Located along the upper ridge in the Fawn Ridge Development. All infrastructure in place to site. $329,000

Grouse Creek Preserve Located on the outskirts of Lake Placid in close proximity to the Mt. Van Hoevenberg recreation center. Over 80+ spectacular acres subdivided into 5 acre to 20 acre building sites. Mountain views, beautiful forest, split rock outcroppings, a brook and an artesian spring define some of its special attributes. Adjoins Forever Wild lands owned by the State of New York. Parcels start at $129,000

Highland Farms Once known as Asplin Tree Farm, now comprised of 4 lots between 15 and 25 acres. Rolling hills, meadows, mature balsam trees, views of Whiteface and surrounding mountains. Ideal for horses.

Frontage on Ricketson Brook allows paddling, fishing and bird watching. Full APA permit on all lots.

Parcels start at $125,000

Mirror Lake Rare offering on Mirror Lake. APA approvals in place for building a 3,500 SF home. Nice sandy frontage with gradual slope. All municipal service in place to site. Easy access off of paved road. 6/10 acre with 105 LFF. $925,000

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- COMMERCIAL -

Mixed-Use Commercial

Commercial Waterfront

Lake Placid business district. Two retail storefronts plus 4 apartments. Excellent exposure at the intersection of Routes 86 and 73.

Apartments range from studio to 3-bedroom. 5,000 SF of useable space plus 2,000 SF or workshop area. Some off-street parking.

Lots of potential! $495,000

Unique offering – central downtown location. 150 feet of frontage on Saranac River. Currently used as owner’s residence, heated two car garage and woodworking shop. Additional apartment with private yard, parking and in-floor heating. Approved for restaurant, medical, retail and office space. $435,000

Whiteface Chalet

Keene Valley Shop

All seasons family resort located 2 miles from Whiteface Mountain ski area. Renovations just completed on most rooms.

Turn-key business includes 20 guest rooms, 85 seat restaurant, separate bar/lounge area with fireplace and 2 bedroom owner’s quarters. 4.5 landscaped acres with pool. $1,259,000

Commercial building currently operated as a successful gourmet specialty shop. Building offers retail space, commercial kitchen, bakery & walk-in coolers. Includes large studio apartment with views of the river. And additional storage area. Adjacent owner’s residence also available. $439,000

Mountain View Inn

Lake Flower Inn

Lodging facility located in the heart of Lake Placid’s central business district. 18 units plus a 3 BR/2 bath residence. Turn key business with strong investment opportunity. Property has wonderful potential for further commercial development including retail storefronts or residential condominiums. $1,950,000

317 feet of waterfront on Lake Flower with beautiful lake and mountain views. Includes 14 guest rooms, 3 bedroom owner’s residence, 20x40 outdoor pool and is adjacent to the village municipal boat launch/park. Great development opportunity with tremendous potential for conversion to condos, restaurant, marina or retail. $748,000

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Luxury Homes & Camps ~ Cozy Cabins & Cottages ~ Spacious Condos & Townhomes

Offering the largest selection of waterfront properties in the Lake Placid area.

The vacation rental experience: More amenities without extra costs, privacy, flexibility and space, made to enrich your vacation experience. Bring your dog, pet-friendly properties available.

Our approach: We carefully select well-maintained, first-rate accommodations and offer these to our guests. We inspect properties prior to arrival, use professional housekeepers, and offer an after-hours emergency phone line so you are not left out in the cold. As a third-party representative we provide a true perspective on each rental property and our experienced vacation rental specialists will help you find the perfect vacation spot.

Visit our website for images, amenities, availability, rates and answers to Frequently Asked Questions.

www.LakePlacidVacations.com rentals@lakeplacidvacations.com (800) 244-7023 / (518) 523-2519