Sold for $536,000

$536,000

55 Riverbend Way, Wilmington, NY 12997

3beds

2,254sqft

Single Family Residence

Built in 1945

21.4 Acres Lot

$667,000 Zestimate^®

$238/sqft

$3,245 Estimated rent

Home value

$667,000

$580,000 - $780,000

$3,245/mo

Zestimate^® history

Owner options

List your home for rent

$3,245/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,245/mo

Rent Zestimate^®

Refinance and save

$3,536/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,536/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Description: 13'7x11'4

Bedroom 2

Description: 19'3x9'4

Bathroom

Description: 4'7x8'5+3'4x5

Dining room

Description: 18'5x14'5

Kitchen

Description: 22'7x8'1

Living room

Description: 20'4x11'8

Heating

Forced Air, Oil, Propane, Wall Furnace

Cooling

None

Appliances

Included: Gas Cooktop, Gas Range, Refrigerator

Features

Ceiling Fan(s)
Windows: Wood Frames
Basement: Crawl Space,Partial
Number of fireplaces: 2
Fireplace features: Living Room

Interior area

Total structure area: 2,254
Total interior livable area: 2,254 sqft
Finished area above ground: 2,254

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Tri-Level
Patio & porch: Porch, Screened
Has view: Yes
View description: Mountain(s), River, Trees/Woods, Water
Has water view: Yes
Water view: River,Water
Waterfront features: River Front
Body of water: Ausable River

Lot

Size: 21.4 Acres
Features: Many Trees, Views, Wooded

Details

Additional structures: Barn(s), Guest House, Outbuilding, Shed(s)
Parcel number: 26.6568.111
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Camp
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Asphalt

Condition

Year built: 1945

Utilities & green energy

Electric: 100 Amp Service
Sewer: Septic Tank
Utilities for property: Internet Available, Water Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No
Amenities included: None
Services included: None

Location

Region: Wilmington

Financial & listing details

Price per square foot: $238/sqft
Tax assessed value: $628,737
Annual tax amount: $6,794
Date on market: 1/1/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Dirt

Price history

Date	Event	Price
2/28/2024	Sold	$536,000-12.8%$238/sqft
Source: ACVMLS #177477 Report a problem
1/22/2024	Pending sale	$615,000$273/sqft
Source: ACVMLS #177477 Report a problem
11/18/2023	Price change	$615,000-6.8%$273/sqft
Source: ACVMLS #177477 Report a problem
10/9/2023	Price change	$660,000-5.6%$293/sqft
Source: ACVMLS #177477 Report a problem
9/8/2023	Price change	$699,000-6.4%$310/sqft
Source: ACVMLS #177477 Report a problem
8/14/2023	Price change	$747,000-5.3%$331/sqft
Source: ACVMLS #177477 Report a problem
7/26/2023	Price change	$789,000-6%$350/sqft
Source: ACVMLS #177477 Report a problem
6/12/2023	Price change	$839,000-6.3%$372/sqft
Source: ACVMLS #177477 Report a problem
1/20/2023	Price change	$895,000-8.6%$397/sqft
Source: ACVMLS #177477 Report a problem
10/11/2022	Listed for sale	$979,000$434/sqft
Source: ACVMLS #177477 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$597,300
2024	--	$597,300 +26.4%
2023	--	$472,400
2022	--	$472,400 +8.5%
2021	--	$435,300 +4%
2020	--	$418,600 +3.4%
2019	--	$405,000
2018	--	$405,000
2017	$6,049	$405,000
2016	--	$405,000 -9.1%
2015	--	$445,400
2014	--	$445,400 +29.4%
2013	--	$344,100
2012	--	$344,100
2011	--	$344,100
2010	--	$344,100
2009	--	$344,100 -6.9%
2008	--	$369,800