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Resort with Lodging and Dining
New
For Sale
$2,649,000

5239 NY-86, Wilmington, NY 12997

Commercial Sale, Wilmington, NY

Property Size21,000 SF
Lot Size9.10 Acres
Price / SF$126.14
Days on Market5

Property Features for 5239 NY-86

General Information

Property type Commercial Sale
Property subtype Other
View Water
Directions From Lake Placid - Take NYS Route 86 towards Wilmington - Look for sign of Hungry Trout Resort across from Fox Farm Rd.
Standard status Active
APN 26.3-1-5.000
Size 21,000 SF
Lot size 9.10 Acres

Taxes and HOA fees

Tax Annual Amount 26546

Utilities

Water source Public

Amenities

swimming pool
outdoor play set
fly shop

Building Details

Year built 1972
Roof type Asphalt
Listing Agency: Engel & Volkers Lake Placid Real Estate · Engel & Völkers
Listed By: Blythe Niles-Linster
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 28 at 5:06AM
MLS# 208669

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.

Rey
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Investment Insights

Based on property information with market context.

This 9.1-acre resort includes a 20-unit motel with queen, king, and suite layouts, each accessed from outdoors. Two restaurant spaces offer indoor and outdoor seating; improvements include a remodeled lower-level dining area, mini-split heating and cooling upstairs, upgraded kitchen equipment, and an updated air exchange system. A fly shop with guide service and a separate residence with a basement apartment are also part of the property. Recreation features include a 40,000-gallon pool, a smaller pool, a play set, and an open field. The motel and restaurant buildings and the separate home have received roof replacements, and a new Fuji septic system serves the restaurants. The 21,000-square-foot property was built in 1972.

The site has approximately 1,300 feet along the West Branch of the Ausable River and is one mile from Whiteface Mountain Ski Area. Public water serves the property.

Key Highlights

  • 9.1 acres with approximately 1,300 feet along the West Branch of the Ausable River
  • 20‑unit motel with queen, king, and suite layouts and exterior access
  • Two restaurant areas with indoor and outdoor seating

Property Analytics

Current Use

Resorts

Location Intelligence

Trade Area within ½ mile

23
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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Resort - The property combines motel accommodations, two restaurant areas, a fly shop, and a separate residence.
Where is this resort located?
The property is located at 5239 NY-86 Wilmington, NY.
What is the asking price?
The asking price for this property is $2,649,000.
What are key features of this property?
This property features: 9.1 acres with approximately 1,300 feet along the West Branch of the Ausable River; 20‑unit motel with queen, king, and suite layouts and exterior access; Two restaurant areas with indoor and outdoor seating
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