If you love the Adirondacks and vacation here on a regular basis, staying at a hotel or Airbnb may not be your best choice for longterm value. Let’s take a look at the benefits, amenities and pricing of the different options available in Lake Placid, New York.
Benefits
Whatever the price range might be, guests look for similar features and benefits when selecting a lodging establishment. Common factors that determine desirability include the size, comfort and layout of a living space; predictable quality and cleanliness – guests do not want unpleasant surprises; close proximity to top area attractions; a fair degree of privacy, low level of noise, and overall safety of the property. Visitors also value the general courtesy and attentiveness of property staff, as well as a deep knowledge of the local area.
Features & Amenities
Popular features and amenities include in-room amenities such as a great bed, plenty of hot water for a long shower, comfortable lounge area, secure wifi network, and a big screen television. Property amenities include wifi in common areas, nearby parking, check-in and check-out flexibility, and responsive staff. Potential guests are looking for those little extras that make a stay more enjoyable. People want more than a place to sleep. They want to experience a getaway, complete with the features that will make for a pleasant and memorable vacation.
Lake Placid Club Lodges
Lake Placid Club Lodges is a prime example of all a timeshare community has to offer in terms of short term benefits and long term value.
Living Space: 1,765 sq.ft.
Accommodations: 8 Guests, 2 Bedrooms, 2 Baths
Offering mountain and lake views, all lodges include a large open concept dining area and living room with wood burning fireplace, full kitchen, large jacuzzi tub, sauna, and two decks. A recent comprehensive renovation and revitalization of each lodge includes all new furniture, cabinets, appliances, and decor. The units offer a master bedroom with a queen bed and a bedroom with 2 twins, a separate sleeping loft with a double futon, and queen sleeper sofa in the living room. It is equipped with a double jacuzzi tub and private sauna.
Owning Your Vacation
The Best Value for Lodging in Lake Placid
As you will see from a 10-year review of the figures for ownership at the Lake Placid Club Lodges, compared to the costs of staying at one of the area’s many fine lodging establishments – the answer is clear. If you’re planning to spend time in Lake Placid each year, the best value in town is Lake Placid Club Lodges.
| Purchase Price | $1,600 |
| Annual Fees | $738 |
| Annual Taxes | $97 |
| 10-Year Cost | $9,950 |
Costs based on 2019 fees, taxes and price of a week available for sale during the same time period as the room rates used for comparison lodging. Depending on time of year, timeshare weeks are priced $1,000-$14,000.
Comparison Chart for Lodging
| Lodging | Room Rate (2) | Room Cost (6) | Ten Year Cost |
|---|---|---|---|
| Best Western Adirondack Inn | $135 | $3,146.85 | $31,468.50 |
| Cobble Mountain Lodge, LLC | $99 | $2,307.69 | $23,076.90 |
| Courtyard Marriott Lake Placid | $136 | $3,170.16 | $31,701.60 |
| Crowne Plaza Lake Placid | $103 | $2,400.93 | $24,009.30 |
| Golden Arrow Lakeside | $98 | $2,284.38 | $22,843.80 |
| Hampton Inn & Suites | $113 | $2,634.03 | $26,340.30 |
| High Peaks Resort | $100 | $2,331.00 | $23,310.00 |
| Hotel North Woods | $92 | $2,144.52 | $21,445.20 |
| Lake House Lake Placid | $129 | $3,006.99 | $30,069.90 |
| Lake Placid Lodge | $449 | $10,466.19 | $104,661.90 |
| Lake Placid Summit Hotel Resort | $80 | $1,864.80 | $18,648.00 |
| Mirror Lake Inn | $195 | $4,545.45 | $45,454.50 |
| Placid Bay on Lake Placid | $105 | $2,447.55 | $24,475.50 |
| Quality Inn on Lake Placid | $84 | $1,958.04 | $19,580.40 |
| Rodeway Inn | $76 | $1,771.56 | $17,715.60 |
| Spruce Lodge Bed & Breakfast | $68 | $1,585.08 | $15,850.80 |
| The Haus | $239 | $5,571.09 | $55,710.90 |
Figures shown are accommodation costs for 6 adults using standard double occupancy room rates.
Rates as of Week of November 4, 2019 - an off-season rental week.
Rates include an 8% sales tax and 3% bed tax.
Comparison Chart for Airbnb Listings
| Airbnb Listings | Daily Rate (6) | Total Cost | Ten Year Cost |
|---|---|---|---|
| Lake Placid Apartment Near Downtown | $145.00 | $1,240.00 | $12,400.00 |
| Jimmys 21 Apartment Bottom | $167.00 | $1,246.00 | $12,460.00 |
| Stylish Chalet | $216.00 | $1,673.00 | $16,730.00 |
| Luxury Adirondack Living in Lake Placid | $376.00 | $2,905.00 | $29,050.00 |
| Lake Placid Apartments #1 | $166.00 | $1,245.00 | $12,450.00 |
| Mirror Lake Apartments | $250.00 | $1,913.00 | $19,130.00 |
| Camp Wildernest | $350.00 | $2,712.00 | $27,120.00 |
| Mission Lodge-Walk to Main Street | $358.00 | $2,840.00 | $28,400.00 |
| New! Spacious Suite 202 on Mill Pond | $172.00 | $1,314.00 | $13,140.00 |
| Whiteface-Beautifully furnished-off Main | $301.00 | $2,408.00 | $24,080.00 |
Figures shown are accommodation costs for an Airbnb listing for 6 adults.
Rates as of Week of November 4, 2019 - an off-season rental week.
Rates include cleaning fee, service fee and an 8% sales tax and 3% bed tax.