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5239 NY-86, Wilmington, NY 12997

New Listing
$2,649,000
Property Type: Commercial Sale Square Footage: 21,000 Lot Size (sq. ft.): 396,396 Status: Active
Current Price: $2,649,000 List Date: 10/27/2026 Last Modified: 10/28/2026

Description

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!

More Information MLS# 208669

Contract Information

Short Term Rental Options: Unknown Current Price: $2,649,000 Original List Price: 2649000 List Price: $2,649,000 Status: Active Listing Contract Date: 2026-10-24 Property Sub Type: Hotel/Motel Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 26546.1 Land Tax Annual Amount: 14809.03 Deed Date: 2022-02-08

Status Change Information

Status Change Timestamp: 2026-10-26 Major Change Timestamp: 2026-10-27T01:48:44Z Major Change Type: New Listing

Deed Details

Instrument: Deed Page: 226 Volume: 2071

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 11737.04 School Taxes Description: Estimated

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

View

Mountain(s): 1 Pool: 1 Water: 1

Water Source

Public: 1

Location Tax and Legal

Street Number: 5239 Street Name: NY-86 County: Essex State: NY Postal Code: 12997 Parcel Number: 26.3-1-5.000 Directions: From Lake Placid - Take NYS Route 86 towards Wilmington - Look for sign of Hungry Trout Resort across from Fox Farm Rd.

General Property Information

Building Area Total: 21000 Year Built: 1972 Lot Size Acres: 9.1

Property Features

Documents Available: Deed Electric: 200+ Amp Service Listing Terms: 1031 Exchange; Cash; Conventional Road Surface Type: Paved Roof: Asphalt View: Mountain(s); Pool; Water Water Source: Public
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.