6394 State Rte Wilmington, NY 12997
- Land
- 35,401 SF
- 1,140.00 lot acres
Current Use by Public Records
- Land
Property Details for 6394 State Rte
- Lot size
- 1,140.00 lot acres
- Property size
- 35,401 SF
- Property type
- Land
- Property subtype
- Hospitality properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Essex
- State
- New York
- Longitude
- -73.7577
- Latitude
- 44.3774
