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5957 New Frk #86, Wilmington, NY, 12997

6beds
10baths
4,182sqft
$399,000
$95price/sqft
$3,285/moest. monthly cost
$131,400/yrincome needed

About This Home

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.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
2/10
5/10
Ausable Valley High SchoolGrades 9-1211.2 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 10
  • Full bathrooms: 5
  • 1/2 bathrooms: 5

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,182

Interior Area

  • Total structure area: 4,182
  • Total interior livable area: 4,182 sqft

Property

Details

  • Parcel number: 16.19240.000

Lot

  • Lot size: 6.80 Acres