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About This Home
This 2-bedroom, 2-bathroom townhouse at 101 Morningside Drive unit: Bld 8, Unit 40, Week 5 in Lake Placid, NY is listed for $7,000 ($4 per sqft). Built in 1981, the home offers 1,704 sqft of living space on a 0.01 acres lot.
The purchase of a timeshare vacation week at the Lake Placid Club Lodges offers you an annual opportunity to enjoy the natural wonders of the Adirondacks and the exciting and vibrant venues of Lake Placid. The beautiful and spacious lodges, located within walking distance of all of the sites, sounds and tastes of picturesque Lake Placid Village, ca
n be your vacation home of a lifetime for just a fraction of the cost of a regular vacation property. If you are not familiar with the unique world of timeshare vacation ownership, our staff is available to answer any questions you may have. In the meantime, the following information may be helpful to you as you move forward deciding on your investment.
- The newly renovated and refurbished Lake Placid Club Lodges is a 'sold-out' Resort. This limits the purchase of a timeshare vacation week at our Resort to a purchase from a current owner. The good news is that you will never feel the high-pressure sales atmosphere you may find at other timeshare resorts.
The bad news is that there are only a few weeks available for sale at any given time. - The timeshare intervals at Lake Placid Club Lodges are 'fixed' weeks, in that you own a specific week in a specific lodge. We do not have 'float' time or revolving times.
The lodge you purchase is the one you will use each year. The start date of each week is based on the RCI exchange calendar, the standard calendar used by the majority of time-share resorts throughout the world. A copy is attached for your review. - Ownership at the Lake Placid Club Lodges is 'fee simple' meaning owners receive a deed, which has no time restriction, is fully willable, and can be used as with any equity property.
- Owners in good standing are members of the Lake Placid Club Lodges Owners' Association and have voting rights equal to their ownership percentage. Annual operating and reserve expenses total $ 888.00 per week in 2024. In addition local real estate taxes, billed to each owner
Key Features
- Built in 1981
- 0.01 acre lot
- 2 stories
- 2 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
101 Morningside Drive unit: Bld 8, Unit 40, Week 5
Lake Placid, NY 12946
Long Lake Lodges
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom townhouse at 101 Morningside Drive unit: Bld 8, Unit 40, Week 5 is listed at $7,000 ($4/sqft). The estimated monthly payment is $918 based on 20% down at 6.5% interest.
HOA fees are $888/month.
Key features include: Built in 1981, 0.01 acre lot, 2 stories, 2 parking spaces, Fireplace. Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet. Exterior Features: Balcony, Lighting.
This property is listed by Gary Lanzoni and can be reached at 5185239861 or gary@lakeplacidcondos.com.
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