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About This Home
This 6-bedroom, 8-bathroom single family at 5957 New York 86 in Wilmington, NY is listed for $399,000 ($95 per sqft). Built in 1940, the home offers 4,182 sqft of living space on a 6.80 acres lot.
Formerly known as the North Country Motor Inn, this property has evolved over the years from a roadside lodging destination to a doctor's office and later multifamily housing. Today, it presents a rare opportunity for redevelopment in the growing Wilmington/Jay corridor.
Positioned in a convenient location with substantial acreage, the property offers potential for housing, mixed-use development, or another creative vision, subject to local approvals. While the existing improvements are in significant disrepair and likely beyond practical restoration for their original use, the site itself provides a strong foundation for future investment.
Whether you're a developer, contractor, or investor seeking your next project, this property invites imagination and a fresh perspective. With limited housing inventory in the region and continued demand driven by proximity to Whiteface Mountain, Lake Placid, and outdoor recreation, the possibilities are worth exploring for those willing to take on a redevelopment opportunity. Seller is open to listening to all offers.
Key Features
- Built in 1940
- 6.80 acre lot
Property Details
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5957 New York 86
Wilmington, NY 12997
Questions & Answers
This 6-bedroom, 8-bathroom single family at 5957 New York 86 is listed at $399,000 ($95/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 6.80 acre lot.
This property is listed by Kelly Locke and can be reached at 5185241338 or kelly@adirondackestates.com.