NOT LISTED FOR SALE

55 Riverbend Way Wilmington, NY 12997

3 Beds
2.5 Baths
2,254 Sq Ft
21.4 Acres

Last Sold February 28, 2024

Last sale price $536,000 $238 Per Sq Ft

Highlights

  • River Front
  • Wooded Lot
  • No HOA
  • 21.4 Acre Lot
  • 2 Fireplaces
  • Screened Porch

About This Home

As of February 2024

Beautifully situated on the banks of the Ausable River's West Branch, this Adk compound offers a spectacular wilderness lifestyle, w/ 21.4 acres and 2,400 ft of wide and deep river frontage. The 3 bedroom main home, was built just steps from the water, and offers a unique perspective from one of the Ausable's gentle bends in the river. Built into the hill heading down to the river, the home offers 3 levels of spectacular river & mountain views. Set back from the riverfront, there are additional buildings, a year-round 1 bdrm, 2 full baths 800+ sq ft cottage, an approx 1,000 sq ft seasonal bunkhouse camp building and garage. The bridle trail system offers multiple views of the river & mts with Whiteface Mt in the background. One could imagine creating another building site in one of these vantage points. This is a rare opportunity near all Wilmington amenities, Whiteface Mt, area hiking and biking trails and Lake Placid Village. Subdivision potential. Total Price Reduction - 140K

Last Agent to Sell the Property

Michael Kreho

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401225544 Listed on: 01/01/2024

Engel & Volkers Lake Placid Real Estate

Last Buyer's Agent

Michael Kreho

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401225544 Listed on: 01/01/2024

Engel & Volkers Lake Placid Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1945

Lot Details

  • 21.4 Acre Lot
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Woods
  • Mountain

Home Design

  • Camp Architecture
  • Tri-Level Property
  • Wood Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Frame Window
  • Screened Porch
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Wall Furnace
  • 200+ Amp Service
  • 100 Amp Service
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26.6-5-68.111

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 21.4
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Water Body Name: Ausable River
  • Subdivision Name: None
  • Directions: From Lake Placid, take route 86 to Riverbend Way on the right. For reference, the KOA sign is directly across from Riverbend Way. Once on Riverbend, follow the signs for Capozio, Riverbend Studio.
  • Above Grade Finished Sq Ft: 2254.0
  • Architectural Style: Camp
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Year Built: 1945
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 2483.0
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Cooktop, Gas Range, Refrigerator
  • Has Basement: Crawl Space, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2254.0
  • Window Features: Wood Frames
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Lot Features: Many Trees, Views, Wooded
  • View: Mountain(s), River, Trees/Woods, Water
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Other Structures: Barn(s), Guest House, Outbuilding, Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Views: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil, Propane, Wall Furnace
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Internet Available, Water Connected
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 932184.0
  • Parcel #: 26.6-5-68.111
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6794.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $536,000 -12.8% $238 / Sq Ft
01/01/2024 01/01/24 For Sale $615,000 +14.7% $273 / Sq Ft
12/31/2023 12/31/23 Off Market $536,000 -- --
11/18/2023 11/18/23 Price Changed $615,000 -6.8% $273 / Sq Ft
11/01/2023 11/01/23 For Sale $660,000 +23.1% $293 / Sq Ft
10/31/2023 10/31/23 Off Market $536,000 -- --
10/09/2023 10/09/23 Price Changed $660,000 -5.6% $293 / Sq Ft
09/29/2023 09/29/23 For Sale $699,000 +30.4% $310 / Sq Ft
09/28/2023 09/28/23 Off Market $536,000 -- --
09/08/2023 09/08/23 Price Changed $699,000 -6.4% $310 / Sq Ft
10/11/2022 10/11/22 For Sale $747,000 -- $331 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 177477