NOT LISTED FOR SALE

25 Roland Way Lake Placid, NY 12946

Estimated Value: $2,117,000 - $4,560,000

5 Beds
5.5 Baths
2,448 Sq Ft
$1,436/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $3,100,000 $1,266 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $23,761/month

Highlights

  • Lake Front
  • Radiant Floor
  • Sun or Florida Room
  • Adirondack Architecture
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of January 2022

Situated along Sunset Straight in the Sand Point subdivision sits this remarkable Adirondack 5 bedroom 5 full bath home with excellent lake and Whiteface Mountain views. Renovated and newly designed by R P Ledger Construction the home boasts a fir timber frame entrance, expansive living room with a floor-to-ceiling glass wall, native stone veneer fireplace, in-floor radiant heat on Main level and a massive western red cedar stained deck with cable railings. An ideal home for entertaining with a wonderful sandy beach, tennis and basketball courts, plus an extensive trail system for walking/cross country skiing and mountain biking out your back door. The home is also located within close proximity to downtown Main St. and many other shopping, restaurant and Olympic venues. Expected build-out time to be completed within 12 weeks contingent on final finish choices. Purchaser will be financially responsible for selecting the flooring, bathrooms and interior doors.

Last Agent to Sell the Property

Jennifer Ledger

Merrill L. Thomas, Inc. License #40LE1119845 Listed on: 11/20/2020

Last Buyer's Agent

Jennifer Ledger

Merrill L. Thomas, Inc. License #40LE1119845 Listed on: 11/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,075

Year Built

  • Built in 2020

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Deck
  • Gravel Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Adirondack Architecture
  • Wood Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Sun or Florida Room
  • Radiant Floor
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • 200+ Amp Service
  • Drilled Well
  • Internet Available
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 33.19-1-23.2

Community Details

Overview

  • Property has a Home Owners Association
  • Sand Point Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,075

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Lake Placid
  • Subdivision Name: Sand Point
  • Directions: From Route 86 take Peninsula Road to Sand Point Way. Make your first left and property is at the end of the driveway
  • Above Grade Finished Sq Ft: 2448.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2020
  • Financial Details School Taxes: 13143.0
  • Room Types:Sunroom: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Range Hood, Refrigerator
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Primary Downstairs
  • Living Area: 2448.0
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Range Hood: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Level, Views
  • View: Lake, Mountain(s), Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Lighting
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Views: Yes
  • Waterfront Features:Lake2: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Deck, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Deck: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Security: Security System
  • Cooling: Air Exchanger, Central Air
  • Cooling Y N: Yes
  • Heating: Air Exchanger, Baseboard, Electric, Radiant Floor
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected
  • Water Source: Well Drilled
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Amenities: Taxes, Tennis Court(s)
  • Association Fee: 1600.0
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Tennis Courts: Yes

Fee Information

  • Association Fee Includes: Insurance, Snow Removal

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 33.19-1-23.2
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Mar 25, 2022
Sold by
Karetsos Spyro and Karetsos Laura
Bought by
Karestsos Ft
Seller's Agent
Jennifer Ledger
Merrill L. Thomas, Inc.
Buyer's Agent
Jennifer Ledger
Merrill L. Thomas, Inc.
List Price
$3,375,000
Sold Price
$3,100,000
Premium/Discount to List
-$275,000
-8.15%
Current Estimated Value
$3,490,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,649
Avg. Annual Appreciation
3.63%
Original Mortgage
$600,000
Outstanding Balance
$561,189
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,954,778

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 28, 2022
Sold by
Cobble Hill Holdings Llc
Bought by
Karetsos Spryo and Karetsoso Laura
Seller's Agent
Jennifer Ledger
Merrill L. Thomas, Inc.
Buyer's Agent
Jennifer Ledger
Merrill L. Thomas, Inc.
List Price
$3,375,000
Sold Price
$3,100,000
Premium/Discount to List
-$275,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$561,189
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,954,778
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karestsos Ft -- None Available
Karetsos Spryo $3,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karetsos Spyro $600,000
Previous Owner Karetsos Spryo $1,860,000
Previous Owner Ronald Peter $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $3,100,000 -- --
01/28/2022 01/28/22 Sold $3,100,000 -8.1% $1,266 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $3,375,000 -- $1,379 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $55,793 $3,671,800 $3,204,300 $467,500
2023 $34,466 $3,379,000 $2,995,900 $383,100
2022 $35,732 $2,901,000 $2,504,900 $396,100
2021 $39,229 $3,093,300 $2,583,200 $510,100
2020 $25,076 $1,616,500 $1,229,100 $387,400
2019 $29,473 $2,297,300 $1,499,800 $797,500
2018 $28,999 $2,297,300 $1,499,800 $797,500
2017 $29,206 $2,297,300 $1,499,800 $797,500
2016 $29,109 $2,297,300 $1,499,800 $797,500
2015 -- $2,297,300 $1,499,800 $797,500
2014 -- $2,297,300 $1,499,800 $797,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Ledger

    Seller's Agent in 2022

    Jennifer Ledger

    Merrill L. Thomas, Inc.

    (518) 524-4093

    16 in this area

    67 Total Sales

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 172271

APN: 154089-033-019-0001-023-200-0000

New York Essex County Lake Placid 12946

25 Roland Way, Lake Placid, NY

This home is located at 25 Roland Way, Lake Placid, NY 12946 since 20 November 2020 and is currently estimated at $3,515,967, approximately $1,436 per square foot. This property was built in 2020. 25 Roland Way is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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