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Saranac Lake

Saranac Lake

Located in Franklin County

$340,018 Average Value
$264 Average Price per Sq Ft
23 Homes For Sale

A former healing town is now an outdoor destination

Saranac Lake first gained fame as a healing town. In the late 1800s, brisk mountain air was thought to cure tuberculosis, making the Adirondack Mountains region ideal for patients seeking cures. Dr. Edward Livingston Trudeau founded the Adirondack Cottage Sanitarium here in 1884, and the destination grew significantly during the following decades. Although modern TB treatments made sanitariums obsolete, vacationers and permanent residents still enjoy Saranac Lake's crisp air, winter sports and compact downtown with locally owned businesses. Plus, reminders of the village's past remain, with preserved "cure cottages" serving as private homes, and the Trudeau Institute studying viral illnesses to this day.

Paddling, skiing, hiking and biking among many recreational options

Lined with dense woods and surrounded by the peaks of the Adirondack Mountains, Lake Flower and Upper and Lower Lake Saranac are among the many bodies of water in the area available for paddling, fishing, canoeing and kayaking. Hiking is another popular pastime, with one nearby option, Baker Mountain Trailhead, offering sweeping views of lakes and valleys from the summit. The Adirondack Rail Trail connects Lake Placid, Saranac Lake and Tupper Lake – known as the tri-lakes – over 34 miles of hiking and biking paths. Locals gear up in the winter for cross-country skiing and snowshoeing at Dewey Mountain Recreation Center. "Everybody that lives here, they come out here to play outside. You can't beat it," says Chase Jermano, Saranac Lake resident and Realtor at Tina Leonard Real Estate.

Rustic homes in the woods and along the water

Home prices in Saranac Lake can vary greatly. Fixer-uppers on small lots can sell for under $100,000, while spacious custom properties facing the water have sold for up to $3.4 million. However, the median single-family home price is $350,000, with most properties selling for between $200,000 and $660,000.

Architectural styles are also diverse. Adirondack Architecture, which incorporates natural materials, steep roofs and front windows opening up to water views, is popular. Traditional-style homes from the early 1900s are common too, and other styles like Cape Cods, ranch-style and split-level homes can also be found. Near downtown, the Helen Hill Historic District has a collection of historic homes featuring cottages with "cure porches" – once used for tuberculosis patients to get fresh air – and other distinct styles like Queen Anne and Tudor Revival properties.

Jermano notes that Saranac Lake tends to feel more residential compared to nearby Lake Placid, which is a tourist destination with a major second-home market. "We do see some of that here, but it's not as strong. There are pretty good restrictions on rental properties," he says.

The Winter Carnival draws crowds from around the country

Saranac Lake's signature event is the Winter Carnival. Held over 10 days each year, this event invites crowds to check out ice sculptures, participate in the fry pan toss or snowshoe races, and watch the parade and fireworks show. The fireworks go off behind the winter carnival ice palace, a massive structure that's built and adorned with lights each year. Volunteers bring out cranes and chainsaws to cut and move the ice blocks for the palace.

Garry Trudeau, Saranac Lake native and "Doonesbury" cartoonist (who happens to be the great-grandson of Dr. Edward Livingston Trudeau, founder of the Adirondack Cottage Sanitarium), designs collectible posters and buttons corresponding with each year's theme, another enduring visual of the celebration.

Events in Saranac Lake continue year-round, including live music at venues like the Waterhole Music Lounge and a Saturday morning farmers market at Riverside Park. "The best part about Saranac Lake is that there are so many community-driven events. Everyone is super friendly," Jermano says.

Locally owned businesses contribute to downtown's unique character

Art galleries like the NorthWind Fine Arts Gallery and Adirondack Artists Guild Gallery, as well as independently owned shops like The Book Nook and Goody Goody's Toys & Games, line Broadway and Main Street. Locals can savor breakfast sandwiches and platters at Blue Moon Cafe or enjoy a burger and beer at Bitters & Bones. "Saranac is very local. There are a lot of local shops, and we don't have a big commercial presence," Jermano says. For essentials, Fusion Market has convenience items close to downtown, and Aldi is just down the road.

Kids attend the Saranac Lake Central School District

Students living in the area may begin at Petrova Elementary School and progress to Saranac Lake Middle School. Both these schools earn B-minus ratings from Niche. Students graduate from B-plus-rated Saranac Lake High School. This school has robust extracurricular options, including music ensembles such as the concert band and choir, and athletic teams such as ice hockey and skiing. Private options include the St. Bernard's School, a Catholic institution serving Pre-K through 5th grade. It is not yet rated by Niche.

Getting to and from Saranac Lake

Saranac Lake is car-dependent. The village receives an average of 108 inches of snowfall annually, so all-wheel or four-wheel drive vehicles with snow tires may be necessary in some conditions. The village is about 60 miles south of the Canada-United States Border, about 105 miles south of Montreal. Saranac Lake is also about 150 miles north of Albany, New York. The Adirondack Regional Airport, about 7 miles north of downtown Saranac Lake, has round-trip flights from Logan International Airport and John F. Kennedy International Airport. For medical care, the Adirondack Medical Center is in the village off Lake Colby.

Faith Wakefield
Written By
Faith Wakefield

Interested in learning more about homes in this area? Reach out to Chase Jermano, an experienced agent in this area.

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Schools

Source:
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Parks in this Area

Saranac Lake Housing Trends

Housing Trends

Median List Price
$389,000
Median Sale Price
$350,000
Median Single Family Sale Price
$362,500
Median Townhouse Sale Price
$499,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
67
Median Home Sale Price YoY Change
14%
Average Price Per Sq Ft
$264

Area Facts

Number of Homes in Neighborhood
1,856
Number of Homes for Sale
23
Median Year Built
1930
Months of Supply
4.10
Average Single Family Home Size Sq Ft
1,649
Below the national average
1,925
Average Townhouse Size Sq Ft
2,328
Average 2 Bedroom Size Sq Ft
1,274
Median Lot Size Sq Ft
14,374

Open Houses

  • Tuesday, Sep 23
    Open Tue 1PM - 6PM

    40 County Highway 46, Saranac Lake, NY 12983

    $3,875,000

    • 6 Beds
    • 6 Baths
    • 3,147 Sq Ft
    • 40 County Highway 46

    Back Bay Camp offers an exceptional waterfront retreat on the scenic shores of Upper Saranac Lake, combining historic Adirondack charm with modern luxury. Nestled on 340 feet of pristine lakefront with a sandy bottom, this unique property presents a rare opportunity to own a beautifully restored 1920s camp, fully equipped with air conditioning, high-end finishes, and unobstructed views . The main

    Jonathan Gorgas Merrill L. Thomas, Inc.

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  • Tuesday, Sep 23
    Open Tue 10AM - 12PM

    782 Bartlett Carry Rd, Saranac Lake, NY 12983

    $3,245,000

    • 7 Beds
    • 3.5 Baths
    • 5,900 Sq Ft
    • 782 Bartlett Carry Rd

    Perched just feet from the shore of Upper Saranac Lake stands this year-round home designed by renowned architect Nils Luderowski, a fine example of the ''Contemporary Adirondack Vernacular.'' As you enter, the view of the lake greets you through the Great Room, complete with floor to ceiling stone fireplace. Finely finished cypress walls and yellow birch floors set the tone of elegance easily

    Jonathan Gorgas Merrill L. Thomas, Inc.

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Saranac Lake Has More Renters

Demographics

Total Population
5,168
Median Age
44
Population under 18
19.7%
On par with the national average
23.8%
Population over 65
22.4%
On par with the national average
19.1%

Finances

Median Household Income
$56,304
Significantly below the national average
$71,702
Average Household Income
$73,744

Education and Workforce

High School Graduates
91.8%
On par with the national average
89.1%
College Graduates
33.1%
Advanced Degrees
14.9%
On par with the national average
13.3%
% Population in Labor Force
64.4%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
3°F
Average Summer High Temperature
76°F
Annual Snowfall
108''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Very Walkable

Walk Score®®

86 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Saranac Lake
Chase Jermano
Tina Leonard Real Estate, LLC
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