Greenwood Lake Forest
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Todd Waldron
Todd Waldron
Fountains Land
Available

Greenwood Lake Forest

$3,080,000 4202 Acres
Property ID 6106499

Description

4,202-acre (GIS) Greenwood Lake Forest is a quality sugar maple timber land property, now available for sale in New Yorks Adirondack Mountains. The propertys solid investment opportunity is driven by a professionally-managed, well-stocked northern hardwood resource and a long history of recreational leasing opportunities. Greenwood is located just west of the village of Star Lake, NY in the town of Fine, St. Lawrence County. The surrounding region offers a vintage Adirondack experience, consisting of an expansive quilt of working and protected forestlands which are dotted with countless lakes, ponds and rivers.

Greenwood Lake Forest has all the key ingredients necessary to grow quality northern hardwood timber, while also offering quality water frontage and a long-standing hunting club program whose annual revenue exceeds property taxes.

The propertys favorable terrain and site productivity are characteristic of the surrounding northwestern Adirondack foothills gentle slopes, productive hardwood growing sites, and reasonable operability.

Greenwood Lake Forests quality timber resource is distinguished by its high sawtimber value, dominated by sugar maple, white pine and cherry. This professionally-managed timber resource offers a great deal of silvicultural flexibility for the next ownership. Capital Timber Value (CTV) has been recently established at $2,423,200 ($577/acre) and reflects a quality timber resource that is ideally positioned for value growth over the coming decade.

The property is named for Greenwood Lake, a stunning 11-acre pond situated within the far southern hills of the property. The approximately 2,200 feet of shoreline frontage is absolutely gorgeous and is accented by granite cliffs along the entire western shore. A nice recreational lease camp overlooks the waters edge along the northern shore and this is a popular swimming destination for club members.

Greenwood Lake Forest hosts a long-standing, successful hunting club program which more than covers its annual property tax responsibilities. The club members take great pride in maintaining their camps and being good stewards of this property. The ATV trails and internal roads are in excellent shape.

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Todd Waldron
Todd Waldron
Fountains Land

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