A historic Lake Placid home in the prestigious Signal Hill area now licensed as a legal B&BS with 7 bedrooms and 4.5 baths. The setting is gracious and ideally located two short blocks to Main Street and Mirror Lake. A new chefs kitchen has upgraded stainless steel appliances, maple cabinetry and a hammered brass farm sink. Original custom moldings and wide oak flooring in the formal dining room which is complimented by a wood burning fireplace. The spacious living room has a gas fireplace with classic Dutch doors opening to an impressive wrap-around covered porch ideal for entertaining. Many upgrades have been recently made for privacy for individual suites and there are new bathrooms. The third level sitting room and bedrooms were completely renovated. Don't miss this home with room for entertaining large groups, vacation rentals or a full time home. Great vacation rental history.