Adirondack Real Estate

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5957 New York 86, Wilmington, NY 12997

$399,000
Property Type: Residential Bedrooms: 6 Baths: 10 Square Footage: 4,182 Lot Size (sq. ft.): 296,208 Status: Active
Current Price: $399,000 List Date: 6/08/2026 Last Modified: 6/08/2026

Description

Formerly known as the North Country Motor Inn, this property has evolved over the years from a roadside lodging destination to a doctor's office and later multifamily housing. Today, it presents a rare opportunity for redevelopment in the growing Wilmington/Jay corridor. Positioned in a convenient location with substantial acreage, the property offers potential for housing, mixed-use development, or another creative vision, subject to local approvals. While the existing improvements are in significant disrepair and likely beyond practical restoration for their original use, the site itself provides a strong foundation for future investment. Whether you're a developer, contractor, or investor seeking your next project, this property invites imagination and a fresh perspective. With limited housing inventory in the region and continued demand driven by proximity to Whiteface Mountain, Lake Placid, and outdoor recreation, the possibilities are worth exploring for those willing to take on a redevelopment opportunity. Seller is open to listening to all offers.

More Information MLS# 207481

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $399,000 Original List Price: 399000 List Price: $399,000 Status: Active Listing Contract Date: 2026-06-08 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Lease Occupant Type: Vacant

Location, Tax, and Legal

Tax Annual Amount: 2241.95 Tax Assessed Value: 113900 Land Tax Annual Amount: 820.95 Deed Date: 1988-01-11

General Property Information

Seasonal Property YN: No Below Grade Unfinished Area: 0 Lease Term: None Bedrooms Total: 6 Bathrooms Total: 10 Bathrooms Full: 5 Bathrooms Half: 5 Above Grade Finished Area: 4182 Building Area Total: 4182 Living Area: 4182 Year Built: 1940 Lot Size Acres: 6.8

Status Change Information

Status Change Timestamp: 2026-06-08 Major Change Timestamp: 2026-06-08T14:46:09Z Major Change Type: New Listing

Heating

Tank Location: None

Location Tax and Legal

Street Number: 5957 Street Name: New York 86 County: Essex State: NY Postal Code: 12997 MLS Area Major: Jay, Wilmington School District: Ausable Valley Parcel Number: 16.19-2-40.000 Directions: From the town of Wilmington or Jay take 86. Property is next door to the Grandview Motel.
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.