116 Bear Cub Lane, Lake Placid, NY 12946

$15,000,000 Asking Price

9 beds
10 baths
8,500  sqft
Built in 1989

A private majestic estate rarely offered anywhere in the world with security and gated entrance, your own paradise! The 5 primary buildings include an underground tunnel from the main residence to one of the guest homes, a tree house sitting residence, 2 additional 2 bedroom guest homes, and an air stream "she shed". Amenities include a tennis court, basketball court, underground shooting range, snow sledding toboggan hill, & all artisan furnishings included throughout. The compound though private & serene, is only minutes to the famed Lake Placid Olympic Village, shops & restaurants. The ski jumps from the 1980 Olympics still in use for world cup events, are visible nestled in the mountain range views. The multiple homes allow for unique personal or corporate use & entertaining. Featured in the Wall Street Journal Mansions Section & seen world wide throughout Asia and Europe don't miss this opportunity to purchase a "Piece of The Adirondacks." Feature sheet attached to review

Features & Amenities

Interior

General:
Apartment, Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, High Speed Internet, Jetted Tub, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Appliances:
Cooktop, Dishwasher, Dryer, Electric Cooktop, Exhaust Fan, Gas Oven, Microwave, Range Hood, Refrigerator, Washer
Basement:
Finished, Full, Walk-Out Access
A/C:
false, None
Heating:
true, Electric, Free Standing Stove
Fireplace:
Family Room, Living Room, Masonry, Fireplace, Fireplaces: 4

Exterior

General:
Gas Grill, Lighting, Storage, Tennis Court(s), Barn(s), Guest House, Outbuilding, Shed(s), Above Ground
Style:
Adirondack
Parking:
Deck, Driveway, Garage Door Opener, Paved, RV Access/Parking

Construction

Roofing:
Asphalt, Shake
Windows:
Insulated Windows
General:
Wood Siding, Two

Location

Road/Access:
Public
HOA Amenities:
None, None
Originating MLS:
Adirondack-Champlain Valley MLS
School District:
Lake Placid
County:
Essex

Lot

Zoning:
Residential, 42.4-2-6.000
View:
Mountain(s), Trees/Woods

Utilities

Utilities:
Cable Available, Internet Available, Water Connected, Underground Utilities, 200+ Amp Service
Sewer:
Septic Tank

Financial

Source:
Adirondack-Champlain Valley MLS, Adirondack-Champlain Valley MLS
Listing Agent Compensation:
1.00 %
Buyers Agent Compensation:
1.50 %

This listing courtesy of:
Adirondack Premier Properties Berkshire Hathaway HomeService, Justin McGiver

About Lake Placid, NY

Housing

Number of Units
4,301
Median Home Value
$347,417
Median Rent
$767

35.54% of housing units are renter occupied.

38.40% are vacant.

Commute

Car
66.86%
Public Transportation
2.40%
Walk to Work
7.62%
Work from Home
21.10%
Other
0.33%

The median travel time to work is 13 minutes.

People

Population
5,914
Median Age
38.00
Median Household Size
2.72

Education

High School
24.83%
Associate’s Degree
9.05%
Bachelor’s Degree
21.53%
Graduate Degree
15.67%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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