Adirondack Real Estate

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5192 NY-86, Wilmington, NY 12997

$995,000
Property Type: Commercial Sale Square Footage: 4,500 Lot Size (sq. ft.): 3,720,024 Status: Active
Current Price: $995,000 List Date: 4/29/2026 Last Modified: 5/01/2026

Description

The Huntington Motel and Cottages presents a once-in-a-generation opportunity to reimagine 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 two 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.

More Information MLS# 207062

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $995,000 Original List Price: 995000 List Price: $995,000 Status: Active Listing Contract Date: 2026-04-29 Property Sub Type: Hotel/Motel Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 10567 Land Tax Annual Amount: 6374 APA: Moderate Intensity Deed Date: 1986-12-31

General Property Information

Tax Assessed Value: 787300 Building Area Total: 4500 Year Built: 1923 Lot Size Acres: 85.4 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-04-29 Major Change Timestamp: 2026-04-29T21:01:36Z Major Change Type: New Listing

Financial Details

School Taxes: 4195

Utilities

Electricity Available: 1 Water Available: 1

View

Mountain(s): 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1

Location Tax and Legal

Street Number: 5192 Street Name: NY-86 County: Essex State: NY Postal Code: 12997 MLS Area Major: Jay, Wilmington Township: Wilmington School District: Lake Placid Parcel Number: 26.3-1-79.000 & 26.3-1-78.000

Property Features

Utilities: Electricity Available; Water Available View: Mountain(s) Water Source: Public Showing Requirements: Call Listing Agent
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.