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East Pond Forest

Tupper Lake, Franklin County, NY
Price: $1,850,000 (Price Adjustment!)
Acres: 1691
Type: Multiple Uses
Availability: Available
Contact Fountains Land
Todd Waldron
518-668-5880
todd.waldron@fountainsland.com
Photos
Maps
Introduction
Location
Access
Site Description
Timber
Water Resources

Introduction

One mile of quality water frontage on a 68-acre private Adirondack trout pond and a well-managed sugar maple resource make East Pond a classic waterfront timberland estate.

Location

East Pond lies within the well-known Township 19 and Kildare Club Region of the Adirondack Mountains - a scenic, forested landscape lying along the headwaters of the West Branch of the St Regis River. Surrounding timberland ownerships are comprised of multi-generational family estates, long-established hunting clubs and private working timberland ownerships. Tupper Lake Village (population 3,600) is located 14 miles to the south and offers numerous restaurants, shopping and amenities. New York City and Boston are each 6 hours to the south and east respectively. Montreal is 2.5 hours to the north.

Access

A legally-deeded right-of-way exists over Floodwood Road from the community of Saranac Inn on Upper Saranac Lake. Floodwood Road is a town road to the Santa Clara/Tupper Lake town line, at which point it continues as a private, gated woods road, extending westward to Kildare Road at Derrick. The long-established right-of-way gravel road is shared with neighboring property owners and is passable for SUV-type traffic during non-winter months.

Site Description

East Pond offers over a mile of high-quality, undeveloped shoreline frontage on a stunningly scenic, cold water, 68-acre Adirondack pond that is well known for its vibrant brook trout fishery. The land covers the entire privately-held shoreline of the pond, with the balance held by NY State DEC Forever Wild Lands. These adjoining state-owned lands are constitutionally protected against future development and, as such, the eastern end of the pond will forever remain unblemished. East Pond’s compelling waterfront amenity offers a classic family compound opportunity which is enhanced by the financial and recreational benefits of owning two and a half square miles of well-managed northern hardwood timberlands.

Timber

East Pond’s sugar maple-dominated timber resource has been professionally managed under FSC certification for many years and is well-positioned for steady capital timber value growth over the coming ownership cycle. Capital Timber Value (CTV) has been established at $1,052,000 or $622/acre. A top-shelf waterfront property with one million dollars in timber value provides an excellent opportunity to diversify your investment returns and contribute to long-term asset appreciation. The forest’s species composition is considered quite desirable from a timber investment standpoint and is comprised of 90% quality northern hardwoods. Overall stocking is driven by a favorable mix of sugar maple (40%) red maple (20%) yellow birch (10%) beech (10%) and others.

Water Resources

East Pond includes over a mile of pristine shoreline on a stunningly scenic cold-water, 68-acre pond, including a brook trout fishery. Adirondack brook trout is a popular species for fly fishing enthusiasts and those interested in wilderness pond fishing opportunities. East Pond is reported to have an average depth of ten feet. Its surrounding shoreline is flanked by a mix of maples, birches, spruce and hemlock, creating an iconic Adirondack wilderness setting around the perimeter of the pond. A rustic fishing cabin currently serves as a camp for the property’s recreational club and is tucked away on the west end of the pond at the terminus of the entry road. This waterfront building envelope would serve as a prime location for a future family estate overlooking the water with direct, east-facing views of the pond to capture brilliant morning sunrises.

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