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Improved Mixed-Use Land for Sale in Wilmington, New York

5239 NY-86, Wilmington, NY 12997

$2,649,000
9.1 acres
Active sale
ago
Est $16,741/mo

Set on 9.1 scenic acres with approximately 1,300 feet of frontage on the legendary West Branch of the Ausable River, The Hungry Trout Resort offers a rare blend of lodging, dining, and outdoor recreation, just one mile from Whiteface Mountain Ski Area. The 20-unit motel features a mix of queen, king, and suites, each with convenient drive-up exterior entry. Guests enjoy a 40,000-gallon swimming pool with a new pump and chlorine system, smaller pool, an outdoor play set, and an open large field that gives groups plenty of room to spread out and enjoy the surrounding area adjacent to the restaurants. This offering includes two distinct restaurant spaces, plus indoor and outdoor seating. The lower-level restaurant area has been fully remodeled, the upstairs dining room now has new mini-split heating and cooling, and the kitchens have been upgraded with new restaurant equipment and an updated air exchange system. A fully equipped fly shop with guide service rounds out the offering, putting world-class trout fishing right outside the door. The spacious separate residence includes a private fenced-in yard and a new refinished basement apartment, ideal for added flexibility. Additional updates made by the current owner include - new roofs that have been installed on two of the motel buildings, new roof on the restaurant building, a new roof on the separate home, and a new septic system with a high-end Fuji system serving the restaurants. With decades of history in the area and a following of skiers, anglers, and Adirondack travelers, this turnkey property is being sold with all furniture, fixtures, and equipment included. This offering includes tax map parcel 26.3-1-4. Bring your vision and set up a showing today!

21,000
Sq feet
1972
Built

Location

Street address
5239 NY-86
Zip code
12997
Elevation
1,137 feet
Coordinates
44.3644, -73.8429

Directions

From Lake Placid - Take NYS Route 86 towards Wilmington - Look for sign of Hungry Trout Resort across from Fox Farm Rd.

Property details

Acreage
9.1 acres
MLS #
ACVMLS 208669
Posted

Property taxes

Recent
$26,546

Parcels

  • 26.3-1-5.000

Details and features

Listing

Type
Commercial Sale
Franchise
Engel & Völkers

Lot

View
Water

Structure

Water
Public
Roof
Asphalt

Listing history

DateEventPriceChangeSource
Oct 27, 2026New listing$2,649,000—ACVMLS
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This 9.1-acre property is located at 5239 NY-86 in Wilmington, NY 12997. The property is available for sale, priced at $2,649,000. It has a 21,000 square foot structure built in 1972.

Listed by Engel & Volkers Lake Placid Real Estate, (518) 523-4404

Checked 2 hours agoUpdated Source

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