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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
Welcome to this charming property in the highly sought-after Otter Landing development on the Chubb River in Lake Placid. This spacious raised ranch boasts nearly 3300 square feet of living space. This house features 5 bedrooms, 2.5 bathrooms, and 2 full kitchens and is perfect for hosting gatherings or accommodating extended family. Recent upgrades include recently remodeled bathrooms and new flooring throughout. The handicap-accessible basement is equipped with a full second kitchen, spacious living room, a half-bath that can convert to a full bath, and a private entrance, making it ideal for conversion into a self-contained apartment for guests or rental income. Outside, enjoy two spacious yards surrounded by mature hardwoods and views of the Chubb River off the back deck. Perfect for entertaining, the property features a 14x14 fenced-in patio with a fire pit, an 8-person hot tub nestled within a privacy fence, and a custom-built 10x8 shed/dog house. The front yard presents an opportunity with two separate lot lines, allowing for the potential construction of unattached garage(s) that could provide long-term apartment rental income. Don't miss your opportunity to own this exceptional property, offering a blend of comfort, convenience, and income potential.
This listing courtesy of:
Merrill L. Thomas, Inc., Kelsey Cassidy
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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35.54% of housing units are renter occupied.
38.40% are vacant.
The median travel time to work is 13 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.