Top 3 Adirondack Areas to Invest in Real Estate: Where Scenic Beauty Meets Big Returns

by Bonny Durbin

 

🏡 Top 3 Adirondack Areas to Invest in Real Estate:  

Where Scenic Beauty Meets Big Returns 🏡 

  🔗Link to companion Video on YouTube

Are you searching for a vacation home that can double as a smart investment? The Adirondack region offers a unique blend of natural beauty, year-round tourism, and strong rental demand — making it one of the most lucrative real estate markets in New York. Whether you're looking for a peaceful retreat or a high-demand short-t 

erm rental, these five Adirondack hotspots are perfect for savvy investors. 

Here’s a closer look at the 3 Best Areas to Invest in the Adirondacks — and why each one is uniquely positioned for success. 

1️⃣ Lake Placid: Iconic, Year-Round Demand 

Why It’s Unique: Lake Placid is a world-famous destination known for its Olympic legacy, upscale amenities, and outdoor adventure. This year-round tourist hub attracts 

visitors for skiing, hiking, lake activities, and cultural events. Homes in Lake Placid maintain high property values due to constant demand from travelers, second-home buyers, and event-goers. 

Lake Placid, NY

 

Why Investors Love It: 

  • Year-round rental potential: Skiers in the winter, hikers in the summer, and fall foliage enthusiasts keep occupancy rates high. 
  • Upscale, high-demand area: Lake Placid attracts higher-end vacationers, which supports premium rental rates. 
  • Global recognition: Properties in Lake Placid have prestige, making resale easier. 

Pro Tip: Waterfront homes and properties with lake or mountain views are always in high demand. If you spot one, act fast! 

 

2️⃣ Saranac Lake: A Charming Waterfront Escape 

Why It’s Unique: Nestled just a few miles from Lake Placid, Saranac Lake offers many of the same benefits — but at a more affordable price point. Known for its scenic waterfront views, eclectic downtown, and community vibe, Saranac Lake provides a mix of small town charm and adventure. 

 

Saranac Lake, NY

Why Investors Love It: 

  • Lower price point than Lake Placid: Get the same Adirondack experience with a lower initial investment. 
  • Strong demand for waterfront properties: Vacationers seek out water access for kayaking, fishing, and boating. 
  • Appeal to "work-from-anywhere" buyers: More buyers are seeking serene locations with access to small-town amenities. 

Pro Tip: Look for properties with direct water access or views. Waterfront homes here have higher rental appeal and can demand premium nightly rates. 

 

3️⃣ Tupper Lake: The Emerging Market to Watch 

Why It’s Unique: Tupper Lake is experiencing a surge in popularity as buyers seek affordable lakefront living with access to hiking, fishing, and adventure. As Lake Placid and Saranac Lake prices rise, savvy investors are shifting their focus to this hidden gem. 

Tupper Lake, NY

 

Why Investors Love It: 

  • Affordable entry point: Prices are more accessible than Lake Placid, making it ideal for first-time investors. 
  • Outdoor adventure destination: It’s surrounded by hiking trails, fishing spots, and natural beauty — perfect for eco-tourism. 
  • Growth potential: As neighboring areas get crowded, buyers are turning their attention to Tupper Lake, driving future demand. 

Pro Tip: Invest while prices are still affordable. This area is rapidly growing, and early buyers will likely see strong appreciation. 

 

4️⃣ BONUS- Jay, NY: A Private Retreat with Tranquility 

Why It’s Unique: Unlike the bustling energy of Lake Placid, Jay, NY is all about privacy, nature, and peaceful living. It’s ideal for buyers who want a quiet getaway or a long-term retreat surrounded by natural beauty. Jay's remote atmosphere, combined with proximity to Whiteface and Lake Placid, makes it a perfect location for investors seeking serenity. 

Why Investors Love It: 

  • Quiet, secluded properties: Buyers seeking peace and privacy are willing to pay a premium for this tranquility. 
  • Appeal to short-term renters: High demand for short-term vacation rentals, Jay also attracts buyers seeking longer stays or seasonal retreats. 
  • Natural beauty at its best: Surrounded by scenic hiking trails, waterfalls, and woods, Jay draws people looking to "unplug." 

Pro Tip: Target properties with scenic views, large wooded lots, or proximity to natural landmarks.  

 

5️⃣ BONUS- Keene, NY: The Gateway to the High Peaks 

Why It’s Unique: As the entry point to the famous High Peaks hiking trails, Keene attracts nature lovers and adventure seekers year-round. It’s a prime location for short-term rental success, especially for travelers looking to hike the peaks or explore the natural wonders of the Adirondacks. 

Why Investors Love It: 

  • High demand from adventure travelers: With the High Peaks trailheads nearby, hikers and climbers rent homes year-round. 
  • Charming village feel: Keene has a small, friendly community vibe that draws visitors seeking a retreat with a local touch. 
  • Boutique, upscale lodging demand: Investors can market homes as "boutique stays" to appeal to hikers seeking a touch of luxury. 

Pro Tip: If you’re looking for high ROI potential, focus on properties near the High Peaks trailheads or within walking distance of Keene’s town center. These properties rent fast! 

 

Why Now Is the Time to Invest 

The Adirondack region is in high demand for vacation homes, long-term retreats, and nature-based rentals. Buyers are seeking peaceful escapes, and investors who act quickly can secure prime properties before prices climb even higher. Each of the 5 areas listed above offers unique benefits — from Lake Placid’s world-class reputation to Tupper Lake’s emerging growth potential. 

Want help finding your ideal investment property? 
Don’t navigate this market alone. With access to exclusive listings, off-market deals, and local expertise, we can help you find the perfect home that delivers both personal enjoyment and long-term returns. 

📲 Message us today to get started on your Adirondack investment journey! 

 

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