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160 Victor Herbert Rd, Lake Placid, NY, 12946

4beds
4baths
3,450sqft
$1,695,000
$491price/sqft
$12,174/moest. monthly cost
$486,960/yrincome needed

About This Home

Wonderfully situated along one of Lake Placid's most sought after addresses, just a short walk from the Olympic Village and within walking distance of Lake Placid's marinas, this exceptionally maintained residence and guest cottage are nestled beneath a canopy of mature pine trees. Massive native stone columns provide a timeless foundation for this four bedroom home, thoughtfully designed with an open floor plan and a finished walkout lower level. Vaulted pine ceilings and a custom native stone fireplace create the warm Adirondack character buyers seek, while the covered wraparound porch offers the perfect setting for outdoor entertaining or relaxing on summer evenings. Meticulously maintained, the home features a durable metal roof, recently stained siding, and an exterior that requires virtually no work. The paved driveway leads to both the main residence and a beautifully renovated year round guest cottage complete with a one car garage. Currently used as a long term rental, the cottage offers excellent flexibility as an income producing property, guest accommodations, or a private retreat. Being offered fully furnished, this turnkey property is ready to enjoy immediately. Additional features include a game room, hot tub, three and one half baths, and an exceptional location that places boating, dining, shopping, hiking, skiing, and all of Lake Placid's year round attractions just minutes from your doorstep.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Poured
  • Roof: Metal
  • Construction materials: Stone Veneer,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Adirondack
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Concrete,Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Vaulted Ceiling(s)
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 1,650
  • Finished area above ground: 1,800

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 3,450
  • Total interior livable area: 3,450 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,Accessible Central Living Area,Accessible Entrance

Details

  • Parcel number: 42.126111.000

Features

  • Stories: 2
  • Patio & porch: Covered,Rear Porch,Side Porch,Wrap Around
  • Exterior features: Fire Pit,Private Yard
  • Has view: Yes
  • View description: Trees/Woods
  • Topography of land: Sloping

Lot

  • Lot size: 0.71 Acres
  • Features: Gentle Sloping,Paved

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Landslide
Lightning
Winter Weather

FEMA Declared Disasters in Essex County and New York

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,570$102,840
Home Insurance *$1,128$13,536
Property Taxes $1,906$22,872
Electricity $570$6,841
Total$12,174$146,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$417,394/yr
40% on housing$365,220/yr
45% on housing$324,640/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.3%
2.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.7%
-2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$491This listing

vs Other Active Listings

Avg $/sqft

ZIP 12946$347
Essex County$229

vs Homes Sold Last Month

Median $/sqft

ZIP 12946
Essex County$183

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$1,695,000
2014-06-06Sold$690,000
2011-06-01Listing removed$795,000
2010-07-15Listed for sale$795,000
2009-08-12Listing removed$850,000
2009-03-02Listed for sale$850,000

For Sale by Agent

AgentStuart Ruttan, II
BrokerageMerrill L. Thomas, Inc.

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