Recreation Land with
For Sale
$6,900,000
4761 NYS Route 86, Wilmington, NY 12997
Commercial Sale, Wilmington, NY
Property Size4,252 SF
Lot Size21.09 Acres
Price / SF$1,622
Days on Market1404
Property Features for 4761 NYS Route 86
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Parking Lot
Exterior features
Lighting
Basement
Full
Appliances
Electric Water Heater
View
Water, River
Elementary school district
Lake Placid
Middle school district
Lake Placid
High school district
Lake Placid
Directions
From Lake Placid to Route 86 E toward Wilmington for 7.8 miles, High Falls Gorge will be on the left.
Subdivision
Jay, Wilmington
Standard status
Active
APN
25.-1-11.000
Size
4,252 SF
Lot size
21.09 Acres
Taxes and HOA fees
Tax Annual Amount
8364
Utilities
Heating system
Oil, Electric (Heating), Propane (Heating)
Cooling system
Ductless, Wall Unit(s)
Water source
Spring
Water front
1
Amenities
gift shop
restrooms
commercial restaurant
steel walkways
renovated bridges
outdoor seating
Building Details
Year built
1980
Building materials
Frame, Wood Siding
Roof type
Metal
Listing Agency:
Engel & Volkers Lake Placid Real Estate · Engel & Völkers
(518) 523-4404
Listed By:
Colleen Holmes
(518) 524-4759
Added: Oct 29, 2022
Changed: Aug 19
Last Checked: Sep 1 at 12:06PM
MLS# 177599
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 21.09-acre recreation property along the Ausable River includes more than 2,000 feet of river frontage, waterfalls, steel walkways, renovated bridges, steel staircases, structural supports, decking, and fencing. The improvements include a lodge with a gift shop, restrooms, and a commercial restaurant offering indoor, lounge, and outdoor seating. Lighting, a metal roof, frame construction with wood siding, and parking-lot improvements are also present. Heating systems include oil, electric, and propane, while cooling is provided by ductless and wall-mounted units.
The property is commercially zoned and located at 4761 NYS Route 86 in Wilmington, adjacent to Whiteface Mountain Ski Resort and near Lake Placid. The attraction operates throughout the year with admission, retail, cafe services, and private events contributing to its operating model. Capital improvements completed in 2024 include structural, access, surface, and protective-coating work throughout the visitor infrastructure.
The property is commercially zoned and located at 4761 NYS Route 86 in Wilmington, adjacent to Whiteface Mountain Ski Resort and near Lake Placid. The attraction operates throughout the year with admission, retail, cafe services, and private events contributing to its operating model. Capital improvements completed in 2024 include structural, access, surface, and protective-coating work throughout the visitor infrastructure.
Key Highlights
- 21.09‑acre recreation property with more than 2,000 feet of Ausable River frontage
- Commercial zoning at 4761 NYS Route 86, Wilmington, NY 12997
- Lodge includes a gift shop, restrooms, and commercial restaurant seating
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 12997, NY
1,139
Population
818
Households
1.4
Avg Household Size
51
Median Age
31%
College-Educated
96%
High-School Grad
65.2 sq mi
ZIP Area
17
Density / Sq Mi
$80,568
Median Household Income
$53,189
Median Earnings
$1,095
Median Rent
$272,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Recreation land - Commercially zoned riverfront property with visitor walkways, bridges, and an on-site lodge supporting year-round tourism operations.
Where is this recreation land located?
The property is located at 4761 NYS Route 86 Wilmington, NY.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 21.09‑acre recreation property with more than 2,000 feet of Ausable River frontage; Commercial zoning at 4761 NYS Route 86, Wilmington, NY 12997; Lodge includes a gift shop, restrooms, and commercial restaurant seating
