5098 NYS Rt 86, Wilmington, NY 12997 (MLS# 159280)

Description

Unique opportunity for private residence, family compound or development of up to 12 high-end residential units. APA permit in-place and town approved plans. Town water & public utilities available, septic design complete & approved. 5.4 acres across from Whiteface Mountain with outrageous views. Level & cleared building site. Small pond too. Ten miles to Lake Placid. You can't get any closer to Whiteface Mountain than this. Note: New York State is investing $8M at Whiteface over the next two years. The Olympic Regional Development Authority (ORDA) plans to bring new, multi-sport, international events to the mountain.

Location, Tax, and Legal

Tax Annual Amount: 2006 Tax Assessed Value: 51700 Land Tax Annual Amount: 1134 Deed Date: 2007-01-22

General Property Information

Lot Size Dimensions: 500 x 500 List Price/Acre: 124814.81 Sold Price/Acre: 101851.85 Lot Size Acres: 5.4 Water Body Name: None Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2018-09-17 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2018-09-17T14:27:08Z Major Change Type: Status Change Under Contract Date: 2018-08-23 Close Date: 2018-09-17 Close Price: 550000

Deed Details

Instrument: deed Page: 203 Volume: 1524

Documents Available

Deed: 1 Survey: 1

Financial Details

School Taxes: 872 Village Taxes: 0

Frontage Type

Frontage Length: 500

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Cleared: 1 Level: 1 Mountain: 1 Private: 1 Views: 1 Wooded: 1

Road Frontage Type

Private Road: 1

Sewer

Septic Tank: 1

Utilities

Electricity Available: 1 Internet Available: 1 Phone Available: 1 Water Available: 1

View

Mountain(s): 1

Waterfront Features

Pond: 1

Current Use

Subdivision: 1

Development Status

Raw Land: 1

Property Information

None: 1

Restrictions

APA Restrictions: 1

Contract Information

Current Price: $550,000 Original List Price: 749000 Sold Price: $550,000 Status: Closed Listing Contract Date: 2017-05-04 Property Sub Type: Unimproved Land Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 5098 Street Name: NYS Rt 86 County: Essex State: NY Postal Code: 12997 Subdivision Name: None MLS Area Major: Jay, Wilmington Township: Wilmington School District: Lake Placid Parcel Number: 26.3-1-80 Zoning: Residential Directions: Across from Whiteface Mountain entrance just north of the Ledgerock on NYS Route 86 in Wilmington, NY.

Property Features

Current Use: Subdivision Development Status: Raw Land Documents Available: Deed; Survey Listing Terms: Cash; Conventional Lot Features: Cleared; Level; Mountain; Private; Views; Wooded Property Information: None Restrictions: APA Restrictions Road Frontage Type: Private Road Sewer: Septic Tank Utilities: Electricity Available; Internet Available; Phone Available; Water Available View: Mountain(s) Waterfront Features: Pond

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