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Welcome to a truly one of a kind farm style estate in Lake Placid, perfectly situated on nearly five acres and featuring its own private airstripa pilots dream come true with serious potential for additional income. This beautiful, spacious twostory home sits on an expansive lot and offers warm character throughout, from cedar ceilings and antique bronze fixtures to soaring high beam ceilings that elevate the enclosed kitchen and living areas. Designed for both comfort and functionality, the layout flows seamlessly to a large, shaded backyard, creating an ideal space for entertaining, relaxing, or enjoying peaceful country living. With ample room for the entire family, this property is as practical as it is charming. But what truly sets it apart is the aviation infrastructure and income opportunity. Spanning the back 316 feet of the property, youll find an impressive approximately 2,800 foot airstrip, along with a 2,500 foot grass runway with shared easements, offering exceptional access and flexibility for aviation enthusiasts. Adding even more value is the airplane hangar, complete with a 2 bedroom, 1 bath mother in law suiteperfect for guest accommodations, rental income, pilot quarters, or multigenerational living. Whether you envision short term rental income, aviation based use, private retreat living, or a combination of all three, this rare Lake Placid property delivers unmatched potential, privacy, and lifestyle appeal. Properties like this dont come around oftenschedule your private showing and experience the possibilities firsthand.