High Falls Gorge 2025-14
  • High Falls Gorge 2025-14
  • High Falls Gorge 2025-29
  • High Falls Gorge 2025-1
  • High Falls Gorge 2025-44
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • High Falls Gorge 2025-7
  • High Falls Gorge 2025-10
  • High Falls Gorge 2025-45
  • High Falls Gorge 2025-25
  • Photo 34
  • Photo 35
  • Photo 36
  • Photo 37
  • Photo 38
  • Photo 39
  • Photo 40
  • Photo 41
  • Photo 42
  • Photo 43
  • Photo 44
  • High Falls Gorge 2025-13
  • High Falls Gorge 2025-11
  • High Falls Gorge 2025-18
  • High Falls Gorge 2025-46
  • High Falls Gorge 2025-28
  • High Falls Gorge 2025-12
  • Photo 49
  • Photo 54
  • Photo 55
  • Photo 56
  • Photo 57
  • Photo 58
  • Photo 59
  • High Falls Gorge 2025-16
  • Photo 60
  • Photo 62
  • Photo 61
  • Photo 63
  • Photo 65
  • High Falls Gorge 2025-19
  • Photo 66
  • Photo 68
  • Photo 67
  • High Falls Gorge 2025-37
  • High Falls Gorge 2025-38
  • High Falls Gorge 2025-33
  • High Falls Gorge 2025-34
  • Photo 69
  • HFG_WF_COMP-2
  • HFG Snow Ext-13
  • HFG Snow Ext-6
  • HFG Snow Ext-11
  • HFG Snow Ext-18
MLS#177599

4761 NYS Route 86 , Wilmington

$6,900,000
21.09 ac
High Falls Gorge - Iconic Adirondack Nature Attraction & Turnkey Tourism Business. Now repositioned at $6,900,000, this long-established, fully operational, year-round attraction offers an unmatched investment opportunity in the heart of the Adirondacks. The property spans 22 acres with over 2,000 feet of Ausable River frontage, featuring dramatic waterfalls, steel walkways, and renovated bridges that create a safe, immersive visitor experience in all seasons. Significant 2024 capital improvements exceeding $1M include steel staircases, structural supports, decking, fencing, and an award-winning industrial paint restoration--ensuring durability and reduced long-term maintenance. A 4,200 sq ft lodge includes a gift shop, restrooms, and a fully equipped commercial restaurant with seating across indoor, lounge, and outdoor areas. The business operates with proven systems and multiple revenue streams including ticketed admission, retail, cafe services, and private events. Ideally situated adjacent to Whiteface Mountain Ski Resort and minutes to Lake Placid, the location benefits from the region's strong year-round tourism traffic. This turnkey operation blends natural beauty, infrastructure, and consistent visitation--offering stability with room for future growth. A Legacy Ready for Its Next Steward--High Falls Gorge has been cared for by the same family for generations. The offering represents not just a business opportunity, but the chance to steward one of the Adirondacks' most iconic natural landmarks. With its blend of natural wonder, turnkey operations, and recent investment, this property is positioned for immediate continuity and long-term growth under new ownership.
Listing courtesy of Engel & Volkers Lake Placid Real Estate

Mortgage Calculator

Home Value
Down Payment

Interest Rate
Term (years)
Estimated monthly payment =

Property Information

Price:
$6,900,0006900000
MLS#:
177599
Type:
Commercial
Area: Wilmington, New York
Acres:
21.09
Zoning:
Commercial
School District:
Lake Placid
Tax Map:
25.-1-11.000
Total Taxes:
$8,364
Year Built:
1980