Sold Jul 30, 2026
$5,000,000About this home
16.59 Acres with 613 feet of US 27 Frontage. Property has access to Central City water and sewer. Location is perfect as it's withing minutes of all the Town of Lake Placid. Zoned C1/R2 for commercial or residential development front half is zoned with US 27 frontage & Medium turn for easy franchise developments with real half (8+- acres) zoned multi-family for townhomes viewing down on the beautiful Lake Clay.
Listing last checked: Listing updated:
Listed by Gregory S Karlson · Advantage Realty 1 · MLS #F10451302
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 16.59 acres
- Water
- Other
- Zoning
- C1/R2
Financial2 property facts
- Annual taxes
- $69
- Assessment year
- 2023
Location
Estimated monthly cost
Explore costs at the $4,999,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$25,288 / monthAdjust
- Principal & interest
- $25,282
- Property tax
- $6
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $69. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 2 supplied
Sold Aug 10, 2026
$4,650,000823 Palmer Road
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About 705 US 27
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