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NewVida Preserve (1140 Acre Resort & Mansion) 6394 NY-86 14 Room Hotel Jay, NY 12941 $9,500,000 ($678,571/Room)

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INVESTMENT HIGHLIGHTS

  • 1,140 acres in the Adirondack High Peaks with rich ski history and untapped development potential
  • 12,000+ SF luxury Mountain House perched above the ridge with 360° panoramic views
  • Significant revenue growth opportunity through expanded lodging, events, and a new microbrewery
  • Iconic A-frame resort lodge with wellness center, craft bar, restaurant, and 35+ miles of private trails
  • Closest full-service resort to Lake Placid, Whiteface Mountain, just 7 minutes away, and under 2 hours from Montreal
  • Strong local, state, and APA support, with access to $3M+ in government grants and tax incentives

EXECUTIVE SUMMARY

Muroff Hospitality Group is proud to exclusively present the extraordinary opportunity to acquire NewVida Preserve & Estate, a one-of-a-kind experiential resort set on 1,140 private acres in the Adirondack High Peaks. Formerly the beloved Paleface ski mountain, NewVida has been reimagined as a boutique, revenue-generating destination blending luxury lodging, wellness, culinary, and outdoor adventure. The property includes a 12,000+ SF mountaintop residence, a 25,000+ SF resort lodge with restaurant, bar, gym, and wellness center, and over 35 miles of private trails, all just 7 minutes from Whiteface Mountain and under two hours from Montreal. With no zoning restrictions in the Town of Jay, development-ready infrastructure, and strong state and community support, NewVida presents a rare chance to own and scale a historic resort property with proven income and significant potential for lodging and event-driven expansion. NewVida Preserve offers a rare, turnkey growth opportunity with a fully developed and permit-ready expansion strategy—eliminating the heavy lift for future ownership. The vision includes increasing lodging capacity from 50 to 250 guests through the addition of 50 eco-friendly A-frame cabins across two thoughtfully planned hubs: one offering ski-in/ski-out access along former ski runs, the other positioned for panoramic views of
Whiteface Mountain. Perched atop Bassett Mountain with breathtaking 360-degree views of the Adirondack High Peaks, the Mountain House is NewVida’s crown jewel—a 12,000+ square foot luxury estate that combines the grandeur of the region’s historic Great Camps with the comfort and elegance of a modern mountain retreat. Designed into the granite mountainside and surrounded by master-crafted stonework by renowned artisan Lew French, this four- story residence offers unmatched privacy and architectural beauty. Whether used as a private residence, luxury guest rental, or executive retreat, the Mountain House is an unparalleled asset that captures the magic, scale, and serenity of the Adirondacks.

ATTACHMENTS

NDA NewVida

PROPERTY FACTS

Price $9,500,000
Price Per Room $678,571
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1,000.00 AC
Building Size 21,284 SF
No. Rooms 14
No. Stories 4
Year Built/Renovated 1991/2023
Parking Ratio 1.32/1,000 SF
Corridor Interior
Zoning 01 - NOT Z - Flexible zoning in Jay, NY allows for multiple uses.

AMENITIES

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • Spa
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Indoor Pool
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites
  • Ski (direct access)
  • Fiber Optic Internet
  • Smoke Detector

ABOUT 6394 NY-86 , JAY, NY 12941

NewVida Preserve & Estate is a once-in-a-generation opportunity to own a 1,140-acrelegacy resort in the heart of the Adirondack High Peaks. Perched just 7 minutes from Whiteface Mountain and 25 minutes from Lake Placid, this extraordinary property blends natural beauty, historic charm, and modern hospitality across a vast and privately held mountain landscape. Formerly the Paleface ski mountain, NewVida has been reimagined as a boutique Formerly the Paleface ski mountain, NewVida has been reimagined as a boutique resort and wellness destination that caters to both visitors and the local community. Anchored by a stunning 12,000+ SF mountaintop residence and a 25,000+ SF A-frame lodge with lodging, dining, wellness, and trails, it offers immediate income potential— and even greater upside. With no zoning restrictions, supportive municipalities, and millions in eligible grants, the stage is set to scale NewVida into the Adirondack’s premier four-season resort, with expansion plans already in motion. Nestled at the foothills of Bassett Mountain, the Apogee Lodge is the vibrant centerpiece of NewVida Preserve—an expansive 25,000+ square foot hospitality lodge that blends rustic Adirondack character with the warmth and versatility of a modern resort. Originally built as the lodge for the historic Paleface ski mountain, the structure has been thoughtfully restored, showcasing soaring A-frame ceilings, exposed Douglas Fir trusses, and sweeping views of Paleface Mountain and the surrounding wilderness. Serving as both a boutique lodging destination and a beloved community hub, the lodge features 14 thoughtfully appointed guest suites, a full-service restaurant and craft bar, a wellness center with yoga and massage studios, a boutique gym, and a billiards and game lounge. A commercial kitchen and multiple flexible spaces support year round events, private retreats, and experiential programming.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 3 $922.00 -
Guest Room 11 $535.00 -
  • Listing ID: 35396824

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 6394 NY-86, Jay, NY 12941

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