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About This Home

This 0-bedroom, 0-bathroom residential multi family at 5701 NYS Route 86 in Wilmington, NY is listed for $849,000 ($537 per sqft). Built in 2017, the home offers 1,582 sqft of living space on a 1.60 acres lot.

Agent Description

A rare Adirondack investment opportunity -- two fully independent, income-producing homes, with a third high-potential revenue stream. Each of the two residences features two bedrooms, one bathroom, a private hot tub, a lean-to, and a dedicated patio, with completely separate electric and septic systems.

Both homes are being sold fully furnished. Wood-carved decor and artisan furnishings give each home an unmistakable character that sets them apart from cookie-cutter vacation rentals and commands the guest loyalty that drives repeat bookings. The numbers speak clearly: combined Airbnb income has averaged over $90,000 per year across the last five years.

That performance reflects a seasoned short-term rental operation with a proven track record. A historic fire tower on the property is being sold as-is and is structurally complete -- the framework for something truly extraordinary is already in place.

The next owner will have the opportunity to finish it to their own standard and launch it as a third short-term rental, one that is without comparison in the Adirondacks. There is nothing else like it on the market. A stay in a working fire tower above the tree line is the kind of experience guests will book months in advance, share widely, and return for.

Virtual renderings of the completed fire tower and a pro forma projecting its income potential are included in the listing documents for review. For an investor seeking a cash-flowing asset with documented income history, operational independence across units, and a genuine competitive moat, this property delivers on every front. The existing revenue provides a stable foundation; the fire tower introduces meaningful upside that is not yet reflected in the five-year average.

Key Features

  • Built in 2017
  • 1.60 acre lot

Property Details

2017

Amenities

SpaA/C

Monthly Cost Estimate

$4,541/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248

Estimates only. Actual payments may vary.

Location

5701 NYS Route 86

Wilmington, NY 12997

Features & Amenities

Interior Features

Natural Woodwork

Exterior Features

BalconyFire PitPrivate Yard

Property Details

Construction

Wood Siding

Pool Features

PorchDeck

Heating

Electric (Heating)

Cooling

Window Unit(s)

Appliances

DishwasherFree-Standing Electric RangeMicrowaveRefrigeratorWasher/Dryer Stacked

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 5701 NYS Route 86 is listed at $849,000 ($537/sqft). The estimated monthly payment is $3,679 based on 20% down at 6.5% interest.

Key features include: Built in 2017, 1.60 acre lot. Interior Features: Natural Woodwork. Exterior Features: Balcony, Fire Pit, Private Yard.

This property is listed by Gabrielle Neidlinger and can be reached at 5165579484 or gabneidlinger@gmail.com.

GN

Gabrielle Neidlinger

Agent at Real Broker NY, LLC

(516) 557-9484

Listed by Real Broker NY, LLC · View on Broker Site

MLS# 207461· Source: listhub· Updated 3 days ago

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.

5701 NYS Route 86, Wilmington, NY 12997

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