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About This Home
This 7-bedroom, 4-bathroom single family at 508 Mirror Lake Drive in Lake Placid, NY is listed for $3,850,000 ($1,377 per sqft). Built in 1909, the home offers 2,796 sqft of living space on a 0.34 acres lot.
Croslyn Cottage is one of Mirror Lake's most distinctive waterfront properties, offering a rare blend of Adirondack history, timeless character, and modern comfort. Originally built in 1909 and believed to be among the oldest remaining homes associated with the original Lake Placid Club, the cottage takes its name from the village boundary that once crossed its southern piazza.
Nestled among mature pines in the sought-after Northwood area, the property offers 100 feet of shoreline on Mirror Lake, a sandy beach, private dock, and stunning westerly views that deliver unforgettable sunsets. Thoughtfully restored over the years, the home preserves the details that define its Adirondack heritage.
Refinished original hickory floors, restored log beam interiors, and a welcoming gas fireplace create the feeling of a classic camp while offering the comfort and functionality expected today. The spacious layout includes seven bedrooms, a large living room with decrative log beam ceilings, and multiple gathering spaces designed for hosting family and friends.
While it lives comfortably as a three-bedroom residence for everyday use, the flexible floor plan provides exceptional capacity for overnight guests. Additional sleeping areas make it ideal for multi-generational gatherings, extended stays, or those seeking income potential.
Located just outside the village limits in a short-term rental-friendly area, Croslyn Cottage offers a unique combination of privacy, convenience, and rental opportunity. Despite its peaceful setting, the property benefits from public infrastructure and a paved driveway while remaining just minutes from Main Street, restaurants, shops, and year-round recreation.
Whether spending summer afternoons on the sandy beach, gathering around the lakeside fire-pit, or watching the sun set over Mirror Lake, Croslyn Cottage offers a lifestyle that has defined Lake Placid for generations.
Key Features
- Built in 1909
- 0.34 acre lot
- 3 stories
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$20,591/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
508 Mirror Lake Drive
Lake Placid, NY 12946
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Heating
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom single family at 508 Mirror Lake Drive is listed at $3,850,000 ($1,377/sqft). The estimated monthly payment is $16,683 based on 20% down at 6.5% interest.
Key features include: Built in 1909, 0.34 acre lot, 3 stories, Fireplace, Waterfront. Interior Features: Granite Counters, High Speed Internet, Kitchen Island. Exterior Features: Dock.
This property is listed by Nicholas Politi and can be reached at 5185247087 or nick@adirondackestates.com.


