One of the most admired and sought after properties located in the charming Signal Hill neighborhood overlooking Mirror Lake and the High Peaks. This beautiful Arts & Crafts style cottage is situated on the largest parcel of land in the Village of Lake Placid affording privacy in a very desirable in-town location within strolling distance to Main Street shops and restaurants. An 18 month renovation (from 2004-2006) turned this home originally built in 1952 into a custom crafted, completely updated, bright and spacious gem with beautiful finishes and great attention to detail throughout. This home features 4 bedrooms with 3.5 baths, hardwood floors, high ceilings, home audio, custom light fixtures, many built-ins, custom oak trim and wainscoting, large chef’s kitchen with granite countertops, subway tile, Wolf double oven gas range, SS appliances, pantry with built-ins and tons of cabinet space, a large living room with central fireplace and both the kitchen and living room have French doors that walk out to a massive covered open-air porch with spectacular views. The entire second floor was designed as a private Master Suite with French Doors and a private balcony, fireplace, a large master spa like bath featuring a steam shower, Jacuzzi, custom lavatories, two walk-in closets and small exercise space. This property is being sold along with 48 Stevens Road which includes a matching 3-story Arts & Crafts style oversized 2-car garage built in 2002 with radiant in-floor heat. The upper and lower floors were previously used as office space, artist studios with a 1/2 bath and the lower level opens to grade at the side. This home is professionally landscaped on 1.66 acres with a nice back yard and a path that leads down to Saranac Avenue. You won’t find a better location tucked away in the center of it all!