NewVida Preserve - Adirondack Resort & Expansion Opportunity
Income-producing resort with proven momentum and large-scale development potential
Marketing description
NewVida Preserve represents a rare opportunity to acquire a repositioned, high-growth resort asset in the Adirondack High Peaks, anchored by a fully operational lodge and approximately 619.68 acres of contiguous land.
Following a recent repositioning, the property has demonstrated exceptional operating momentum, including 440% year-over-year EBITDA growth in 2025, driven by both revenue expansion and improved cost controls. During the same period, total income increased by approximately 24% while operating expenses declined by 2%, reflecting meaningful operating leverage.
The offering provides a compelling entry point at $3,950,000 for the lodge and core acreage, significantly below estimated replacement cost, and well below prior aggregate valuation levels for the full assemblage. This creates an opportunity for a new owner to build upon an already improving operational foundation while implementing additional efficiencies and growth strategies.
The property benefits from a diversified revenue mix, with lodging complemented by food & beverage, wellness, and events—together accounting for over 55% of total income. As additional lodging units are introduced, these existing amenities provide a built-in platform for revenue expansion without proportional increases in overhead.
A preliminary expansion plan contemplates additional cabins and experiential accommodations, with the current concept representing only a portion of the overall development potential across the landholding. The scale and layout of the property offer flexibility for phased growth aligned with market demand.
An additional 12,000+ SF mountaintop residence on 60 acres is available separately for $4,750,000, offering optional assemblage potential for a buyer seeking to create a flagship residential or retreat component alongside the resort.
This is a highly flexible opportunity for hospitality operators, investors, or lifestyle buyers to acquire a scaled asset with demonstrated momentum and significant long-term upside in one of the Northeast’s most supply-constrained resort markets.
Investment highlights
- 619.68 acres in the Adirondack High Peaks with significant development and expansion potential
- 25,000+ SF resort lodge with 14 suites, restaurant, bar, wellness, and event spaces
- Demonstrated growth with 440% YoY EBITDA increase and improving operating margins
- Diversified revenue streams including lodging, F&B, wellness, and events (55%+ of income)
- Prime location near Whiteface Mountain and Lake Placid with strong year-round demand
- Optional 12,000+ SF mountaintop residence available separately with panoramic High Peaks views
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.
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