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Lake Placid Real Estate Market Blog

Margie Philo, Real Estate Broker & Owner

Berkshire Hathaway HomeServices Adirondack Premier Properties

Join us here in the Brokers Suite, for up to date real estate news, plus Adirondack and Lake Placid real estate market information. Here we will provide you with inside tips to assist you in your purchase and offer relevant Adirondack real estate market resources.

"Where Experience Isn't Expensive, it’s Priceless."

Lake Placid Real Estate Market Expert

A Note From Our Broker

Berkshire Hathaway HomeServices Adirondack Premier Properties is a full service real estate and vacation rental firm in Lake Placid, dedicated to customer service and to old fashioned values. Treating people right, following through to be sure each transaction is completed with care, and excellence. Our agency believes in caring for each and every person. The thrill of a real estate deal is in how happy everyone is at the end, making new friends and smooth negotiations. Each of our sales agents and staff are hand picked by me, Margie Philo, Owner and Broker.

For the last 10 years we have been one of the leaders in Adirondack and Lake Placid real estate sales volume. Specializing in Adirondack waterfront, residential homes, and commercial sales; our team of professionals is here to assist you 7 days a week. Our vacation rental department has one of the largest inventories in the Adirondacks, featuring waterfront homes, condos and townhouse rentals, as well as Lake Placid vacation rental homes. We are available to help you find exactly what you’re looking for in a vacation. We welcome you to call and discuss what your dreams are, what we can do to make them happen and answer all of your questions. We are an upbeat and professional group of agents who believe in doing things right, with integrity.

Margie Philo, Broker & Owner

August 2019 Newest Properties

RESIDENTIAL   Contemporary Lake Placid Home 5 BED | 4.5 BATH | $975,000 Wonderful home with a large new addition and meticulously and completely renovated by the owner/ builder with no expenses spared. This is one of the Mirror Lake Drive owners that share a beachfront on Mirror Lake across the street and just a short walk away. Click Here to view more photos & information.   North Branch Cabin 3 BED | 1 BATH | $184,000 Private, renovated three season cottage on one acre with access to Rainbow Narrows for swimming, kayaking or canoeing. Click Here to view more Read More

August 8th, 2019

July 2019 Newest Properties

RESIDENTIAL   NORMAN RIDGE FARMS 4 BED  |  2 BATH  |  469 ACRES  |  $2,295,000 A remarkable opportunity rarely offered in the Adirondacks to purchase this extraordinary farm and home with panoramic mountain views. Click Here to view more photos & information.   THE BALSAMS 6 BED  |  5.5 BATH  |  $1,095,000 The Balsams is a historic Lake Placid Club Cottage that was completely renovated and restored. The large great room with massive stone fireplace has custom woodwork and built-in cabinetry. Click Here to view more photos & information.   RAISED RANCH ON TRILLIUM 6 BED  |  3 BATH  |  Read More

July 2nd, 2019

June 2019 Newest Properties

WATERFRONT Camp Northlight 2 BED  |  1 BATH  | $289,000 Charming seasonal, boat access home on Upper Saranac that features living room with vaulted ceilings and beams has beautiful wood floors, french doors that open onto a substantial covered front porch & gorgeous views of the lake. Click Here to view more information & photos   Camp Allouette 9 BED  |  4 BATH  |  $2,485,000 Rare opportunity to purchase an original Adirondack Camp that was built in 1893 on the West shore of Lake Placid. Camp Allouette is one of the last available road access camps on the West Lake. Read More

June 4th, 2019

Spectacular Waterfront Properties Outside of Lake Placid

Adirondack Contemporary on Upper Saranac – $795,000 This year round 3 bedroom home built by Peter Torrance in an Adirondack Contemporary style with 300 feet of waterfront on Upper Saranac Lake. The property features an open floor plan with a fireplace in the living room, a large bonus room/den and a new roof was added in June of 2018. Click Here to view more information and photos. Sunrise Mountain Lodge – $895,000 Stunning 4 bedroom hilltop home has Lake Flower and Mountain Views, 240 feet of waterfront and an original seasonal camp on the water with boathouse that is need of Read More

May 2nd, 2019

April 2019 Newest Properties

Lake Placid Contemporary 2 BED  |  2 BATH  |  $565,000 A unique and custom built Lake Placid contemporary home that overlooks the Ausable River and mountains. This modern Nordic inspired design features a cherry wood elevator for all three living levels. The stone pillar entrance and property borders state land. There is a gourmet chefs kitchen with river rock granite counters, stainless appliances and a wet bar. Gorgeous cherry hardwood floors throughout, screened porch and a newly built two car detached garage. The attached one car garage could easily be converted into a large third bedroom, office or den offering Read More

April 18th, 2019

Staging Your Home

Spring has sprung! While the Adirondacks can be a little slow on weather changing over to the beautiful spring weather we look forward to, the extra time is perfect to start planning your spring clean.  Getting rid of the extra clutter around the house is a great first step toward having your home ready for the busy real estate season.   Buyers See Home As “Theirs” De-cluttering helps potential buyers get a feel for the space. Having a minimalist look to the rooms transports potential buyers into living in that space. Removing things from counters, freshening up each room and Read More

April 10th, 2019

Lake Placid Waterfront Properties

West Shore Camp 5 BED  |   3 BATH  |  $350,000 Large, water access only Adirondack Camp built in 1870 that is located on the shore of Lake Placid. There are two levels with a fireplace, five bedrooms, three bathrooms and a large deck with built in seating that looks out onto Lake Placid. To view more information and photos, click here.   Hawk Dreaming 3 BED  |   1 BATH  |  $400,000 Camp Hawk Dreaming offers a great opportunity to purchase a three bedroom, waterfront cottage with a dock and boathouse on beautiful Lake Placid! This boat access, seasonal home on the West Shore has Read More

April 5th, 2019

March 2019 Newest Properties

WATERFRONT Colonial On Caulkins Pond 4 BEDROOM   |   2 BATH   |   1,976 SQ. FT.   |   $339,000 Paddlers and Hikers paradise! This home is located on Caulkins Pond amidst the heart of the Stony Creek Ponds and the Raquette River. There are trailheads to the High Peaks Seward Mountain Range and Ampersand Mountain. Spacious 4 bedrooms with a new fully automated no carbon footprint pellet boiler. The basement has a workshop. This private location has a lovely pond and mountain views yet easy access to the Saranac Lake Village. Click Here to view more photos.     RESIDENTIAL Mountain Ash 4 Read More

March 15th, 2019

Affordable First Time Buyer Homes

Lake Placid Cherry Lane Home 3 BED    |    2 BATH    |    $279,000 Charming well located home is just outside village taxes. This home features a finished lower level game room, a large rear private deck, an attached one car garage and has had many renovations. In addition, this home is only a ½ mile away from Main Street, shops and schools. Click Here to view more information and photos.   Charming Raised Ranch 5 BED    |    2 BATH    |    $299,000 This raised ranch sits in a nice residential area just outside the Village. This home has hardwood floors throughout and Read More

March 7th, 2019

Properties Close To Skiing & Snowboarding

Adirondack Log Home 5 BEDROOM | 3 BATH |3,200 SQ. FT |  $434,000 This beautiful Katahdin Cedar Log home in Wilmington, NY presents breathtaking mountain views of the Stephenson and Jay Mountain Ranges. There is an open floor plan with a post and beam interior and cathedral ceiling that is complimented by lovely Birch floors. The three sided stone fireplace creates a warm and enjoyable living area and there is a unique circular staircase that leads to a spacious loft. There are five bedrooms and the elegant en-suite master bedroom has a walk-in closet and private spacious bathroom. The lower Read More

February 21st, 2019

February 2019 Newest Properties

RESIDENTIAL/ CONDO/ TOWNHOUSE LAKESIDE #30 3 BEDROOM | 3 BATH | 2000 SQ. FT. | $875,000 Stunning top end Lakeside Condo that was completely gutted and renovated to create a custom 2 level, 3 bedroom, 3 bath property. Spacious great room/gourmet kitchen, large custom mudroom, full home theatre system and multiple decks present spectacular Whiteface Mountain and southern range views. Designed/decorated by local renowned interior designer, this condo is being sold turn-key with elegant Adirondack furnishings making it perfect for year round living with excellent potential for vacation rentals. HOA fees include 5 family memberships to the golf course, tennis Read More

February 14th, 2019

One of A Kind Winter Experiences

Empire State Winter Games – Lake Placid January 31st – February 3rd The 39th annual Empire State Winter Games  is a multi-day sports event that brings together athletes from across New York State and beyond to compete in over 30 winter sports events. This competition brings out amazing talent throughout the events. With this range of events, spectators have the opportunity to see  events that are rarely seen elsewhere in the United States all in one weekend. To view the full schedule of events, click here.   Saranac Lake Winter Carnival – Saranac Lake February 1st – February 10th Button Read More

January 31st, 2019

January Recently Reduced Properties

LAKE PLACID CHALET 5 Bedroom | 4 Bath | $775,000 The Adirondack Chalet is a lovely 5 bedroom Lake Placid home tucked in a wooded setting that could have enhanced views with selective tree trimming. This home was totally renovated in 2004 and has an open floor plan with hardwood floors in the kitchen, living room, dining room and sunroom. The new kitchen has high end stainless appliances and there is a cathedral ceiling in living room. The main floor holds 3 of the bedrooms and 3 full baths. The lower level holds 2 more bedrooms, a full bath, an Read More

January 25th, 2019

January Properties with Amazing Views

Waterfront Lake Flower Waterfront Home 4 Bedrooms |  3 Full Baths | 1,900 SQ. FT. |  $599,000 This one-of-a-kind home sits on the waters edge and features an unobstructed view of Lake Flower and the Sawtooth Mountain Range beyond. The best of waterfront living with the convenience of a short walk to town. Enjoy the sun on a large deck as well as a large dock and a total of 170 feet of waterfront. The open floor plan includes a master suite on the main level and huge living room windows overlooking the water. Located a short ride or walk Read More

January 11th, 2019

January Featured Properties Under $500K

RESIDENTIAL Hillman Cottage 3 Bedrooms | 2 Full Baths | 1616 SQ. FT | $295,000 Hillman Cottage in Saranac Lake is a charming and historic one family home. This one family home has a mother-in law apartment on the 2nd floor that has its own separate entrance and is currently rented. The main floor features a floor to ceiling stone fireplace in the living room, a sun room, the master bedroom with an oversized walk-in closet and full bathroom. The mother in law apartment is complete with living room, dining room, kitchen, bedroom and a full bath. This home is Read More

January 4th, 2019

Newest Luxury Listings in Lake Placid

Architectural Masterpiece 6 Bedrooms | 7 Full Baths | 2 Half Baths| .9 Acres | 11000 SQ. FT | 3 Stories | $8,200,000 Recently voted the Wall Street Journal’s “House of the Year,” this exquisite home located on Mirror Lake is an architect-designed masterpiece crafted by artisans with unique details in every room. The glass elevator, with a sweeping central staircase promises a sense of grandeur and custom perfection. The home is ideally positioned to maximize the stunning and rare 325 feet of private shoreline complete with a boathouse and stunning views of the Adirondack High Peaks.   Combining privacy Read More

December 28th, 2018

Cedarlands in Long Lake For Sale

Announcing the unique opportunity to privately own a “Piece of the Adirondacks”. Step back in time to the untouched beauty of 4,200 acres and 2 pristine lakes. This is the first time in over five decades that the property has been available for private purchase. Cedarlands has an expansive scouting campus and six square miles of managed conserved timberlands. McRorie Lake & Mud Pond The focal point of the property is the stunning McRorie Lake, a 400-acre clear water lake with beach frontage, pine-covered islands and one of a kind mountain views. McRorie Lake is reported to be 45 feet Read More

June 14th, 2018

Summer Event Rentals

While the current weather has been unexpected it only adds excitement for the summer events. If you are planning on participating or enjoying the events that are coming up this summer, it is a perfect time to rent a gorgeous home in Lake Placid and experience everything it has to offer! Some of the featured events that will provide you with a memorable summer are: Lake Placid & I Love NY Horseshow – Tuesday, June 26th – Sunday, July 8th This is one of the premier stops on the nation’s hunter-jumper show circuit. It features some of the nation’s best Read More

April 17th, 2018

Events in Lake Placid March 16th – 18th

ECAC Men’s Ice Hockey Championship March 16th – Semi-Finals 4 pm & 7:30    March 17th  – Championship 7:30 pm This weekend will bring excitement for anyone who follows Division I ice hockey. The Eastern College Athletic Conference teams will be competing for the title of champion. The teams who will be competing are Cornell, Harvard, Princeton and Clarkson. Cornell comes in as the top team and will face Princeton in the first game while Clarkson and Harvard will compete in the second. Cornell and Clarkson are both ranked within the top ten nationally, so this will be a one-of-a-kind event Read More

March 14th, 2018

Events in Lake Placid March 1st – 4th

If you are in Lake Placid or are planning on visiting, the first weekend of March will provide you with multiple events for every age group. Erth’s Dinosaur Zoo Live! – March 1st & 2nd  – 6pm Lake Placid Center for the Arts – 17 Algonquin Drive, Lake Placid – $15 in advance/ $20 at the door This interactive event provides you with a tour that begins in pre-historic Australia. You will be able to observe & meet with a collection of life-like dinosaurs and other creatures. It is guaranteed to thrill and entertain while stimulating imaginations. This event is Read More

February 26th, 2018

Lake Placid, A Great Place To Own A Second Home

OPPORTUNITIES TO ENJOY SUMMER & WINTER SPORTS If you are an active outdoor enthusiast, the Lake Placid region will become one of your favorite escapes. The opportunity to participate in outdoor activities year-round is rarely found. The summer offers the hiking mountains, bike rides, paddling around one of the many lakes and even scenic runs where you will notice something new each time you go. Winter time provides you downhill skiing at Whiteface, cross-country ski or snowshoe at one of the many centers and skating at multiple venues. If you enjoy watching more than participating, Lake Placid provides you with Read More

February 23rd, 2018

Team USA WinterFest Presented by HERSEY’S Comes to Lake Placid

This 13-stop, interactive festival crisscrossed the country and is put together by the United States Olympic Committee. It started in New York City and had stops throughout the US as well as a day in Seoul, South Korea on February 19. This festival includes the HERSHEY’S S’moresmobile, the Team USA Social Media Truck and Curling Challenge presented by OREO, virtual-reality & interactive fan elements, athlete meet and greets, giveaways and more.   Lake Placid Events The event will be rolling into town on the closing weekend of the 2018 Games, February 24, providing visitors with the full closing ceremony experience. Read More

February 15th, 2018

5 Fun And Memorable Things To Do With Your Significant Other In The Winter

Valentine’s day is coming up and trying to plan the perfect day can be difficult. Here are some ideas that you can experience together around the region.   Experience The Outdoors The Tri-Lakes region is most known as an outdoor escape from the hustle and bustle of cities. Winter time provides many opportunities for you to enjoy the winter wonderland together. With options of Skiing/snowboarding at Whiteface to cross-country skiing at the Cascade Ski Center or Mt. Van Hoevenberg to skating around beautiful Mirror Lake. Enjoy with your significant other the perfect escape and provide you with one-of-a-kind views of Read More

February 6th, 2018

Congratulations Local Athletes!

After hosting two Olympics, Lake Placid is still a top destination for elite athletes to train for future games and world cups. With the games starting in a few weeks, we would like to congratulate all the athletes who will be competing. We would also like to wish our local athletes the best of luck in their respective sports. Their hard work and dedication is truly inspiring to see. The local athletes who will be competing are: Alpine Skiing- February 10th – February 18th Tommy Biesemeyer – Keene, NY Andrew Weibrect – Lake Placid, NY   Biathlon – February 10th Read More

February 1st, 2018