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Ausable River Recreation Property
For Sale
$6,900,000

4761 NYS Route 86, Wilmington, NY 12997

Wilmington, NY

Property SizeContact for details
Days on Market224

Property Features for 4761 NYS Route 86

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Building Details

Year built 1980
Listing Agency: Engel & Volkers Lake Placid · Engel & Völkers
Listed By: Colleen Holmes
Added: Mar 6 Changed: Oct 10 Last Checked: Oct 16 at 11:06PM
MLS# 177599

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 22-acre recreation property follows the Ausable River, with more than 2,000 feet of river frontage, waterfalls, steel walkways, and renovated bridges. A 4,200-square-foot lodge contains a gift shop, restrooms, and a commercial restaurant with indoor, lounge, and outdoor seating. The attraction operates throughout the year and offers admission, retail, café service, and private events.

Work completed in 2024 included steel staircases, structural supports, decking, fencing, and restoration of the industrial paint finish. Whiteface Mountain Ski Resort is adjacent to the property, and Lake Placid is minutes away. The property is located in Wilmington, New York.

Key Highlights

  • 22 acres with over 2,000 feet of Ausable River frontage
  • Waterfalls, steel walkways, and renovated bridges on the property
  • 4,200 sq ft lodge with gift shop, restrooms, and commercial restaurant

Property Analytics

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Current Use

Recreation land

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Recreation land - A year-round visitor attraction combines natural features with a lodge, retail space, and restaurant facilities.
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: 22 acres with over 2,000 feet of Ausable River frontage; Waterfalls, steel walkways, and renovated bridges on the property; 4,200 sq ft lodge with gift shop, restrooms, and commercial restaurant
More about this property
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