Technical
Financial
Distress signals
Property profile

6394 State Rte Wilmington, NY 12997

OFF-MARKET
Land
35,401 SF 1140 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional opportunity to acquire the NewVida Estate and Preserve, a 1,140-acre hospitality property nestled on Bassett Mountain in the heart of the Adirondacks, New York. This stunning property boasts a 25,000 square foot lodge, offering breathtaking views of Whiteface Mountain. The existing infrastructure includes a thriving restaurant, bistro, and craft bar, providing multiple revenue streams. Further enhancing the property are a modern commercial gym and a swimming pool. The expansive grounds feature 35 miles of trails, creating a unique and desirable destination for outdoor enthusiasts. With 35,401 square feet of total building space across three units, this property presents significant expansion potential. The property's location offers access to various tax and grant incentives, making it an attractive investment for conservation-minded hospitality development. Detailed financial projections, including a three-year forecast, and expansion strategies are available upon request. The property also includes healthy and diverse timberlands, adding to its overall value and investment potential. This is a rare opportunity to own a premier Adirondack mountain retreat with substantial growth potential. Located at 6394 State Route 86, Wilmington, NY 12997. Asking price: $12,900,000.

Property profile

Verified
Property type Land
Total area 35,401 SF
Lot 1140 ac (49,658,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6394 State Rte Wilmington, NY 12997
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6394 State Rte?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message