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MLS#204938

5192 NY-86 , Wilmington

$1,500,000
86.00 ac
The Huntington Motel and Cottages presents a once-in-a-generation opportunity to reimagine nearly 85+ acres of prime Adirondack land in the heart of Wilmington, just a half-mile from the entrance to Whiteface Mountain and steps from the renowned West Branch of the Ausable River. Spanning three parcels with favorable 1.3-acre APA zoning, public water access, and location within the Lake Placid School District, this property offers incredible potential for development, conservation, or a private retreat.While the existing caretaker's home, owner's residence, boutique motel, and four cottages are in disrepair and ready for removal, the land itself tells a different story. The property rises up the mountainside, offering stunning views of Whiteface Mountain, abundant streams, and direct access to nature. Imagine creating a community with private hiking trails, wildlife viewing, and outdoor amenities that celebrate the serenity and natural beauty of the Adirondacks. Wildlife abounds, and the quiet setting makes it a peaceful escape while remaining close to restaurants like the Hungry Trout, Ironman bike route, and world-class skiing, hiking, and fishing.Additionally, this property backs up to a 78.5-acre parcel also for sale, making it quite possibly the largest development opportunity in Wilmington. Whether you're an investor, developer, or conservationist, this is a rare chance to shape the future of a beloved mountain town and create something truly special.
Listing courtesy of Merrill L. Thomas, Inc.

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Property Information

Price:
$1,500,0001500000
MLS#:
204938
Type:
Commercial
Area: Wilmington, New York
Acres:
86.00
School District:
Lake Placid
Tax Map:
26.3-1-79.000
Total Taxes:
$10,870
Year Built:
1923