Greenwood Lake Forest (4,202 GIS acres) is a quality sugar maple timber land property, now available for sale in New York’s Adirondack Mountains. The property’s solid investment opportunity is driven by a professionally-managed, well-stocked northern hardwood resource, quality water frontage and a long history of recreational leasing opportunities.
4,202-acre (GIS) Greenwood Lake Forest is a quality sugar maple timber land property, now available for sale in New York’s Adirondack Mountains. The property’s 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.
Access to the property is considered exceptional for a timberland property of this size in the Adirondacks. There are three strategic points of access along the northern, eastern and western boundaries, which enhance forestry operations and provide multiple entry options to various timber stands, including long, year-round frontage on NY Route 3, one of the region’s most strategic travel corridors.
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 property’s favorable terrain and site productivity are characteristic of the surrounding northwestern Adirondack foothills – gentle slopes, productive hardwood growing sites, and reasonable operability.
Greenwood Lake Forest’s 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 water’s 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.