Incredible 10.5 acre residential development opportunity available in Lake Placid with lake frontage on Lake Placid lake. This beautiful wooded parcel is located in the Hamlet and was previously approved for 48 town homes. This property features level terrain and spectacular mountain and forest views, adjacent to State land, very popular Jack Rabbit Trail and Peninsula nature trails and x-country ski trails, walk to town location with close proximity to shopping and restaurants. Public water, sewer and electric roadside. Land can be subdivided. Perfect location for apartments, town homes or single family residences affording convenience to outdoor recreation and village of Lake Placid.