First Water Slide World sold. Now the owner of the old water park is putting her estate up for sale in Lake George for over $23 million, making it the most expensive mansion in the area.

The historic Peabody estate was once home to Royal C. Peabody, founder of Brooklyn Edison. It was also known as Wikiosco, the "Home of Beautiful Waters." That's because the more than 31-acre mansion sits on 470 feet of lakefront in Lake George.

Credit - Premier Properties Lake George
Credit - Premier Properties Lake George

Estate Burned to Ground

The mansion burned to the ground in 1911. Peabody rebuilt the estate with a stone foundation that remains today. Since then, it has seen major restoration from several different owners, including a local real estate developer. It was added to the National Register of Historic Places in 1984.

The latest owner is Gary Koncikowski, who passed away in 2018, and his wife Dawn. The couple owned Water Slide World which just sold for $3 million to a company that plans to tear down the park and build a 200-apartment complex with retail and office space.

Credit - Dan Laroe/Northeastern Abandoned
Credit - Dan Laroe/Northeastern Abandoned

The 12,000 square foot mansion features 8 bedrooms and 8 bathrooms, 6 fireplaces, a wine cellar, a game room, and stunning views of the Adirondacks.

It's listed at $23.5 million, a huge increase from the $1.1 million it sold for in 2002. If it sells at the current price, it'd be the most expensive sale yet in Lake George.

Water Slide World Owner's Historic Peabody Estate on Market for $23.5 Million

Go inside the historic Peabody Estate, home to the owners of the former Water Slide World in Lake George. The mansion is on the market for $23.5 million, making it the most expensive in the region.

One of a Kind 20 Bedroom $8 Million Lake George Mansion on Private Island

A one-of-a-kind 20-bedroom $8 million mansion on a private Lake George island is back on the market and the price has been slashed almost in half. Step inside and see what 8 mill buys you.

3 Popular Businesses in Lake George on the Market for $10 Million

Looking to be your own boss? There are not one, but three established businesses for sale in Lake George - King Neptune's Bar & Grill, The Village Mall, and a Boat Rental with boats.

Own One of Busiest Lake Front Bars in Lake George

You can own one of the busiest lake front businesses in Lake George. The Beach Club is up for sale.

More From 96.9 WOUR