Remarks

Nestled in the heart of the Adirondack Mountains, this Adirondack chalet offers a unique investment opportunity. Located in Wilmington, NY on 6.9 acres, just 2 miles from the Whiteface Ski Center and 11 miles from Lake Placid. The area is rich with outdoor activities such as fly fishing, golf, hiking, and access to snowmobiling and mountain biking trails. An outdoor enthusiast's playground!
This property presents a unique opportunity, whether you're looking to operate a ready-made business or transform it into a private home. The 11 guest rooms, each furnished with new beds, are currently operating as a motor lodge /or an Airbnb. Guests can enjoy three shared common areas, including leather couches, a masonry wood-burning fireplace, a dining area, a breakfast area, and a game room.
The pub, although not currently open, includes a full bar, seating, and restrooms, offering great potential for future use. The Chalet also includes a generous owners quarter's.
Several improvements have been made during the current owner's tenure, and a detailed list of upgrades is available upon request.
If you're interested in learning more or scheduling a tour, please don't hesitate to reach out.

Details

MLS#: 203931
Price: $1,599,000

Style: Hotel/Motel
Sq Ft: 15000
Year Built: 1959

County: Essex
Tax Fee: 15442

School District: Lake Placid