Asset Overview
NewVida Preserve is a boutique resort and large-scale landholding located in the Adirondack High Peaks, offering a unique combination of existing hospitality infrastructure and substantial expansion potential.
The Lodge (Core Asset):
The centerpiece of the offering is a 25,000± square foot lodge serving as the operational hub of the property. The lodge features:
14 boutique guest suites
a craft bar, restaurant, and café
wellness and fitness facilities
indoor and outdoor event spaces
The existing improvements support a diversified revenue model and provide a strong foundation for operational growth and increased utilization.
The Land (619.68 Acres):
The offering includes approximately 619.68 acres of private, contiguous land—representing one of the larger holdings in the region. The property features:
an extensive trail network spanning approximately 35 miles
scenic viewpoints, wooded terrain, and natural recreational features
multiple potential sites for additional lodging or experiential development
The scale and layout of the land provide flexibility for phased expansion while maintaining privacy and a cohesive resort environment.
Location:
Strategically located in Wilmington, New York:
approximately 7 minutes from Whiteface Mountain
approximately 20 minutes from Lake Placid
The property benefits from strong year-round demand driven by skiing, outdoor recreation, events, and destination travel, with access to key feeder markets including New York City, Boston, and Montreal.
Additional Offering (Separate):
A 12,000+ square foot mountaintop residence situated on approximately 60 acres is available separately. This estate—featuring panoramic High Peaks views and a setting no longer replicable under current Adirondack Park Agency regulations—may be acquired independently or in combination to create a premier residential and hospitality compound.
Offering Terms:
Full financial statements, historical operating data, and expansion materials are available to qualified principals upon execution of a confidentiality agreement.
Mitchell B Muroff
Muroff Hospitality Group