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Mountain Commercial Land

5192 NY-86, Wilmington, NY 12997

For Sale
$995,000
Pending

Commercial Sale, Wilmington, NY

Property Size4,500 SF
Lot Size85.40 Acres
Days on Market197

Property Features for 5192 NY-86

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district Lake Placid
Middle school district Lake Placid
High school district Lake Placid
Subdivision Jay, Wilmington
Standard status Pending
APN 26.3-1-79.000 & 26.3-1-78.000
Size 4,500 SF
Lot size 85.40 Acres

Taxes and HOA fees

Tax Annual Amount 10567

Utilities

Utilities Water Available
Water source Public

Building Details

Year built 1923
Listing Agency: Merrill L. Thomas, Inc.
Listed By: Whit Bissell · License NY #10401249544
Added: Apr 29 Changed: Nov 9 Last Checked: Nov 11 at 1:06AM
MLS# 207062

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.

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Investment Insights

Based on property information with market context.

This 85.4-acre commercial land holding comprises two parcels on the mountainside in Wilmington. The property includes an existing caretaker’s home, owner’s residence, former motel, and four cottages, all described as being in disrepair and ready for removal. Public water is available, and the site carries 1.3-acre APA zoning.

Located at 5192 NY-86, the property is approximately a half-mile from the entrance to Whiteface Mountain and near the West Branch of the Ausable River. It lies within the Lake Placid School District and includes abundant streams, mountain views, and direct access to surrounding natural areas. The land is identified as suitable for consideration of development, conservation, or a private retreat, with nearby skiing, hiking, fishing, and the Ironman bike route.

Key Highlights

  • 85.4 acres across two parcels
  • 1.3‑acre APA zoning
  • Public water available

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
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

Frequently Asked Questions

What type of property is this?
Commercial land - Mountain acreage with APA zoning and public water access.
Where is this commercial land located?
The property is located at 5192 NY-86 Wilmington, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 85.4 acres across two parcels; 1.3‑acre APA zoning; Public water available
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