Mountain Commercial
For Sale
$995,000
5192 NY-86, Wilmington, NY 12997
Commercial Sale, Wilmington, NY
Property Size4,500 SF
Lot Size85.40 Acres
Price / SF$221.11
Days on Market150
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
Active
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.
(518) 523-2519
Listed By:
Whit Bissell · License #10401249544
(518) 524-4079
Added: Apr 29
Changed: Sep 4
Last Checked: Sep 25 at 6:06AM
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.
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.
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
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
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?
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
