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5017 Cascade RoadLake Placid, NY 12946Price: $895,000

  • Price: $895,000
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Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $895,000List Price
  • 5.01Acreage
  • 9798Square Feet

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The renowned Cascade Inn and Restaurant has been a locals' and tourist hot spot for over 32 years. Patrons adore the traditional Adirondack ambiance and rustic elegance that the restaurant and cocktail lounge offer. From the hand hewn beams to the candle lit fireside dining, this is truly a unique and gratifying experience. The boutique Inn offers some of the best golf packages around - including unlimited golf, breakfast, diner and lodging. Guests, not looking to golf, will enjoy the endless hiking trails the High Peaks have to offer. During the winter months the Inn hosts several visitors who enjoy the famous cross country skiing "Jack Rabbit Trail", downhill skiing at Whiteface Mountain and/or the Olympic Luge and Bobsled Tracks of Mt. Van Hoevenburg. Sale includes all fixtures, all kitchen equipment, a turnkey restaurant, a turnkey inn, a three bedroom inn keeper's residence all resting on just over 5 acres of pristine adirondack land. An unexpected opportunity awaits...

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