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Improved Land for Sale in Wilmington, New York

5192 Ny-86, Wilmington, NY 12997

$1,350,000
86 acres
Active
$150k drop
Est $7,520/mo

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, former 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.

4,500
Sq feet
1923
Built

Location

Street address
5192 Ny-86
Community
Jay
School district
Lake Placid
Elevation
1,329 feet
Coordinates
44.3589, -73.8437

Directions

The Huntington Hotel and Cottages is just down the road from Whiteface Mountain Entrance just before Fox Farm Road

Property details

Acreage
86 acres
MLS #
ACVMLS 204938
Posted

Property taxes

Recent
$10,870

Parcels

  • 26.3-1-79.000

Details and features

Listing

Type
Residential

Structure

Water
Public

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Oct 16, 2025Price drop$1,350,000$150,000 -10%ACVMLS
June 20, 2025New listing$1,500,000ACVMLS
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This 86-acre property is located at 5192 Ny-86 in Wilmington, NY 12997. The property is available for sale for $1,350,000. It has a 4,500 sq ft structure built in 1923.

Checked 3 mins ago — Updated

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