$255,000

Build on open water in one of the few gated lakefront neighborhoods in Lake Placid. This homesite delivers approximately 1.33 acre and 85 feet of shoreline on Lake Francis, a 539-acre lake in a town known for its 27 freshwater lakes. The Grove on Lake Francis is limited to 49 lots, set between Lake Francis and Lake June, a short drive from downtown Lake Placid. The land is open near the road with trees toward the water [confirm on site], giving you room to plan the home while keeping shade and character at the shoreline. A paved private street with underground utilities serves the lot; buyers will add a private well and septic system. Association dues of $600 per year cover the entry gate, streetlights, and shared grounds. Deed restrictions require homes of at least 2,000 square feet with paved driveways, protecting the value of every residence. Public boat ramps, basketball courts, and a park are close by. The adjoining lakefront lot at 2081 Jack Creek Drive is also for sale.