Residential Property - Single Family Residence in Lake Placid
Listing Price: $579,900 (Mortgage Calculator →)
Description of Property
Welcome to a truly one-of-a-kind farm-style estate in Lake Placid, perfectly situated on nearly five acres and featuring its own private airstrip—a pilot’s dream come true with serious potential for additional income. This beautiful, spacious twostory home sits on an expansive lot and offers warm character throughout, from cedar ceilings and antique bronze fixtures to soaring high-beam ceilings that elevate the enclosed kitchen and living areas. Designed for both comfort and functionality, the layout flows seamlessly to a large, shaded backyard, creating an ideal space for entertaining, relaxing, or enjoying peaceful country living. With ample room for the entire family, this property is as practical as it is charming. But what truly sets it apart is the aviation infrastructure and income opportunity. Spanning the back 316 feet of the property, you’ll find an impressive approximately 2,800-foot airstrip, along with a 2,500-foot grass runway with shared easements, offering exceptional access and flexibility for aviation enthusiasts. Adding even more value is the airplane hangar, complete with a 2-bedroom, 1-bath mother-in-law suite—perfect for guest accommodations, rental income, pilot quarters, or multigenerational living. Whether you envision short-term rental income, aviation-based use, private retreat living, or a combination of all three, this rare Lake Placid property delivers unmatched potential, privacy, and lifestyle appeal. Properties like this don’t come around often—schedule your private showing and experience the possibilities firsthand.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Placid
County: Highlands
Subdivision: .
Bedrooms: 4
Bathrooms: 3
Sq. Ft. Gross: 4,416
Sq. Ft. Living Area: 4,416
Cost per (heated) sqare foot: $131
Year built: 1980
Annual Tax: $4,451
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Window Features: Blinds
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Other
Foundation: Pillar/Post/Pier
Roof: Shingle
Exterior Features: Other
Carport: Yes
Carport Spaces: 2
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Front Porch
Security Features:
Other Structures: Shed(s)
View:
Fencing:
Sewer: None
Water Source: Well
Lot Information
Lot Size (acres): 4.78
Lot Size (sq. ft.): 208,217 square feet
Lot Dimensions: 330 x 631
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: C113829A0000B00000
Zoning: AU
Tax Legal Desc.: A 4.78 ACRE PARCEL LYING IN NE 1/4 OF NE 1/4 OF SW 1/4 OF SEC 11-38-29 PER OR 628-961 + 809-920 A/K/A PARCEL B 11-38-29/B 4.78 ACRES
Section: 11
Range: 29E
Listing courtesy of LPT REALTY, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.