The title compound, C(36)H(31)N(2)O(3) (+),C(2)H(3)O(2) (-)·2C(2)H(5)OH, the product of a domino condensation of dibenzyl ketone with salicylic aldehyde and ammonium acetate, crystallized as the ethanol disolvate. The cation of the salt comprises a fused tricyclic system containing three six-membered rings (piperidine, dihydro-2H-pyran and benzene). The piperidine ring has the usual chair conformation, while the dihydro-pyran ring adopts a slightly distorted sofa conformation. In the crystal, there are six (one intra- and five inter-molecular) independent hydrogen-bonding inter-actions: the inter-molecular hydrogen bonds link the cations and anions and ethanol solvent mol-ecules into ribbons along [001]. The ribbons are stacked along the a axis.