Coolidge Hill - Clegg.pub
COOLIDGE HILL FOREST New York, United States 269 Hectares/674 Acres approximately
Situated in the southeast corner of the expansive Adirondack State Park, this property offers spectacular high-elevation views of Lake George, extensive paved road frontage and a wellstocked pine and oak resource with immediate thinning options.
John Clegg & Co Chartered Surveyors & Forestry Agents www.johnclegg.co.uk Email: [email protected]
COOLIDGE HILL FOREST LOCATION
SITE DESCRIPTION
Coolidge Hill Forest is located in the popular southern Adirondack town of Bolton, New York, a scenic resort destination known for its historic hotels, quaint waterfront cottages and numerous restaurants and stores. The property is situated along a notable ridgeline overlooking the western shore of beautiful Lake George. The surrounding area lies within the southern basin of this 32-mile “Queen of American Lakes.”
Coolidge Hill exhibits several outstanding amenities which can support the eventual development of a first-class timberland retreat for the new ownership. Highlights include its aesthetically-pleasing mature pine and hardwood forests, well-drained upland ridge sites, and unparalleled upper elevation views of Lake George.
TIMBER
The state capitol, Albany, lies 65 miles south and hosts a commercial airport, rail services and a shipping port on the Hudson River. The New York and Boston metro areas lie 4 hours to the south and east, respectively.
ACCESS
A seasonal jeep trail provides off-road vehicle access to the northern half of the property and passes through a small clearing that could be used as a future home site.
The property benefits from nearly 760 meters of frontage along Coolidge Hill Road, a paved yearround corridor with electric a n d p h o n e u t i l i t i es available roadside. The roadside terrain is gently sloping and affords good access to the property for future residential options and forest management entry. Several woods roads extend into the property, offering access for timber harvesting and residential use.
Coolidge Hill is distinguished by its well-stocked, carefully-managed red oak and white pine resource which anchors the property’s timber asset. This quality sawtimber component provides the incoming ownership a great deal of flexibility in designing a management plan that can support both long-term capital appreciation and near term income. Based on a recent forest inventory, the Capital Timber Value (CTV) has been set by Fountains at $635,500, or $957/acre Comprised of a naturallyTotal Volume by Species diverse mix of northern Other Species hardwoods and softwoods, White Ash 4% 3% Beech 6% the tract’s species Hemlock Birches 26% 7% composition includes eastern hemlock, white pine, red oak, Red Maple the maples, birches, and 8% others. Such a wide variety of species spreads the timber Sugar asset across numerous forest Maple 8% White Pine products markets and product 24% Red Oak channels. This reduces the 14% market risk to the ownership and widens long-term silvicultural flexibility which can respond to changing market dynamics. Throughout much of the northern half of the property, fully stocked mixedwood sawtimber stands occupy the site and offer the opportunity for income-producing harvests at any point in the near future. These stands are dominated by financially mature white pine stems interspersed with a mix of red oak and maple sawtimber and beech and hemlock poles.
GUIDE PRICE US $1,025,000
COOLIDGE HILL FOREST FURTHER INFORMATION
IMPORTANT NOTICE
A detailed synopsis of the property is available on request. If you would like a copy of this please email John Clegg & Co’s England office at [email protected] noting the name of the property, your name, address and contact telephone numbers.
This property is being advertised on the John Clegg & Co website. John Clegg & Co have not verified the property details are accurate.
Well-drained sites with aesthetically pleasing, mature pines and moderate terrain enhance the estate qualities of the land.
The property includes extensive stream frontage along on Edmunds Brook.
John Clegg & Co www.johnclegg.co.uk Scotland: +44(0)131 229 8800 2 Rutland Square, Edinburgh EH1 2AS
England: +44 (0)1844 291384 Rectory House, Thame Road, Haddenham HP17 8DA
Wales: +44(0)1600 715311 Apex House, Wonastow Road, Monmouth HP25 5JB
John Clegg & Co LLP for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co LLP or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither John Clegg & Co LLP nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared 26 March 2013. John Clegg & Co LLP is a limited liability partnership registered in Scotland (No. SO302718) whose registered office is at 2 Rutland Square, Edinburgh, EH12AS
Situated in the southeast corner of the expansive Adirondack State Park, this property offers spectacular high-elevation views of Lake George, extensive paved road frontage and a wellstocked pine and oak resource with immediate thinning options.
John Clegg & Co Chartered Surveyors & Forestry Agents www.johnclegg.co.uk Email: [email protected]
COOLIDGE HILL FOREST LOCATION
SITE DESCRIPTION
Coolidge Hill Forest is located in the popular southern Adirondack town of Bolton, New York, a scenic resort destination known for its historic hotels, quaint waterfront cottages and numerous restaurants and stores. The property is situated along a notable ridgeline overlooking the western shore of beautiful Lake George. The surrounding area lies within the southern basin of this 32-mile “Queen of American Lakes.”
Coolidge Hill exhibits several outstanding amenities which can support the eventual development of a first-class timberland retreat for the new ownership. Highlights include its aesthetically-pleasing mature pine and hardwood forests, well-drained upland ridge sites, and unparalleled upper elevation views of Lake George.
TIMBER
The state capitol, Albany, lies 65 miles south and hosts a commercial airport, rail services and a shipping port on the Hudson River. The New York and Boston metro areas lie 4 hours to the south and east, respectively.
ACCESS
A seasonal jeep trail provides off-road vehicle access to the northern half of the property and passes through a small clearing that could be used as a future home site.
The property benefits from nearly 760 meters of frontage along Coolidge Hill Road, a paved yearround corridor with electric a n d p h o n e u t i l i t i es available roadside. The roadside terrain is gently sloping and affords good access to the property for future residential options and forest management entry. Several woods roads extend into the property, offering access for timber harvesting and residential use.
Coolidge Hill is distinguished by its well-stocked, carefully-managed red oak and white pine resource which anchors the property’s timber asset. This quality sawtimber component provides the incoming ownership a great deal of flexibility in designing a management plan that can support both long-term capital appreciation and near term income. Based on a recent forest inventory, the Capital Timber Value (CTV) has been set by Fountains at $635,500, or $957/acre Comprised of a naturallyTotal Volume by Species diverse mix of northern Other Species hardwoods and softwoods, White Ash 4% 3% Beech 6% the tract’s species Hemlock Birches 26% 7% composition includes eastern hemlock, white pine, red oak, Red Maple the maples, birches, and 8% others. Such a wide variety of species spreads the timber Sugar asset across numerous forest Maple 8% White Pine products markets and product 24% Red Oak channels. This reduces the 14% market risk to the ownership and widens long-term silvicultural flexibility which can respond to changing market dynamics. Throughout much of the northern half of the property, fully stocked mixedwood sawtimber stands occupy the site and offer the opportunity for income-producing harvests at any point in the near future. These stands are dominated by financially mature white pine stems interspersed with a mix of red oak and maple sawtimber and beech and hemlock poles.
GUIDE PRICE US $1,025,000
COOLIDGE HILL FOREST FURTHER INFORMATION
IMPORTANT NOTICE
A detailed synopsis of the property is available on request. If you would like a copy of this please email John Clegg & Co’s England office at [email protected] noting the name of the property, your name, address and contact telephone numbers.
This property is being advertised on the John Clegg & Co website. John Clegg & Co have not verified the property details are accurate.
Well-drained sites with aesthetically pleasing, mature pines and moderate terrain enhance the estate qualities of the land.
The property includes extensive stream frontage along on Edmunds Brook.
John Clegg & Co www.johnclegg.co.uk Scotland: +44(0)131 229 8800 2 Rutland Square, Edinburgh EH1 2AS
England: +44 (0)1844 291384 Rectory House, Thame Road, Haddenham HP17 8DA
Wales: +44(0)1600 715311 Apex House, Wonastow Road, Monmouth HP25 5JB
John Clegg & Co LLP for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co LLP or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither John Clegg & Co LLP nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared 26 March 2013. John Clegg & Co LLP is a limited liability partnership registered in Scotland (No. SO302718) whose registered office is at 2 Rutland Square, Edinburgh, EH12AS
