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This is an unusual and wonderful property in a wild and remote but accessible setting. It is a place where Father Time can't fuss with Mother Nature. The Nature Conservancy owns 635 acres and 95% of the frontage on Indian Lake.
Christine "Tina" Hall, UP Director of Conservation for The Nature Conservancy, talks about the property and you can read her comments right here.
The lake is a mile long, very large for a natural lake in this area, deep, and beautiful. It has islands, rock outcropping, and surrounding land with microenvironments that range from wetlands to mountain ridges, from maple forest to monarch pines.
Indian Lake is located in the rugged mountain wilderness north of Lake Michigamme. This is as private, wild and secluded an area as any in the State of Michigan. Mature timber stands and a mix of topography and environment surround the lake. Remarkably it is accessible year round (if the private portion is plowed) from the Pesheeke Grade, and power and phone are to the property line!
Marquette, the U.P.'s largest city, is 45 minutes to the east. The regional airport with jet service is about the same. The land and frontage is unusually accessible and usable for this rugged country as more than 3 miles of boardwalks encircle the lake. This unique walkway was designed and constructed with minimal environmental impact and meshes seamlessly with its surroundings. The look and feel is reminiscent of a National Park. This is a real convenience for guests and children not used to negotiating rough country like the Huron Mountains. You will be impressed.
This lovely lake, which can be your retreat, includes 635 acres of land (about one square mile), most of the lake (just the one other owner has access), and miles of frontage on the Peshekee River and other streams.
The McCormick Wilderness Tract, a 20 square mile wilderness area of lakes and forest that many feel is the State of Michigan's finest wild land, lies just east of Indian Lake. Craig Lake State Forest, park land of about the same size with catch and release fishing for trophy northerns, musky, bass and walleye is just to the west.
Indian Lake holds trophy musky “too big to land” according to the former owner, as well as large northerns, bass and panfish. You will see eagles and loons in abundance, fisher and martin, beaver, deer, bear and moose and if you are lucky, perhaps a wolf. There are pines ten feet in circumference right on the property, and some of the best birds-eye maple in the world grows here. This is a wilderness setting, but one amenable to family use.
This land was selected and acquired by the Conservancy because of its rare and wonderful features. Now it is for sale in a way that will preserve them, and the conservancy will consider land contract financing! The sale will be subject to permanent restrictions in the form of a conservation easement, a document that legally limits future development.
A conservation easement is a negotiated document and varies depending on the circumstance, the features to be protected, and the needs and desires of the buyer. Typically it is written in a way that does not convey a right of access to the public. A sample has been prepared and is available for your review.
The easement will allow one single family home and ancillary buildings. No further divisions or alteration of sensitive habitats such as steep slopes, open ridge tops, and wetland areas will be permitted. Limited timber cutting may be allowed subject to a management plan.
The buyer may build a residence and ancillary buildings near the lake. He and his guests will have the exclusive right to hunt, hike, ski and enjoy outdoor recreation on the majority of the property.
The covenants and permitted uses in the Conservation Easement will be negotiated between the buyer and The Nature Conservancy. A Conservation Easement benefits the public by preserving landscapes, forest and lakeshore and thereby preserving habitat for the wild creatures that inhabit them. It does not convey a right of access to the public. This will be sold as private land.
The buyer may benefit in many ways. He can acquire a large and wonderful tract of land at a significantly reduced price. By giving away future development rights the value of the land, its cost to you, and even the annual real estate taxes can all be significantly reduced. This is done in a variety of ways and through various techniques that may involve tax and legal strategies. For example, a substantial Federal and State income tax deduction may be available for the gift of the Conservation Easement.
The Conservancy has extensive experience in structuring transactions to create win-win situations, and you can benefit from their expertise. Of course you should always consult with your own legal and tax advisors to determine the advantages to you of any transaction involving tax benefits.
Huey Real Estate is not licensed to solicit donations for the Conservancy or to give tax or legal advice. Sample materials provided by the Conservancy are available here and further information is available from Conservancy staff.
You can advance the work of the Conservancy and at the same time enhance your enlightened self-interest by owning this property for your personal, exclusive use.
Sale of this land will recover Conservancy funds for use in other projects. As a Conservation Buyer you will have established a lasting legacy for you, your family, and generations to come.
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