Historic Lake George Island Estate Listed for $10.8 Million

A private island estate on Lake George with a history stretching back to the 19th century is on the market for the first time in over 60 years. The property, known as 14 Mile Island, is listed for $10.8 million and includes a seven-bedroom main residence, a guesthouse, and over 2,600 feet of private shoreline.

Located near Bolton Landing, New York, the three-acre island offers panoramic views of the Adirondack Mountains and a level of privacy that is increasingly rare on the popular lake. The sale represents a unique opportunity to acquire a significant piece of the region's history.

A Rare Offering on the "Queen of American Lakes"

The listing of 14 Mile Island is a notable event in the Lake George real estate market. Of the 186 islands on the lake, very few are privately owned, and even fewer become available for public sale. The property's extensive shoreline is another distinguishing feature.

According to listing agent Crystal Staepal, the amount of private waterfront is exceptional. “Most homes on the lake have only 100 and 300 feet of shoreline,” Staepal noted. “This one has over 2,600, which is almost unheard of.” This vast waterfront provides unparalleled privacy and control over the island's perimeter.

The estate is being sold by the Finley family, who have owned it since 1960. Their stewardship has preserved the island's historical character while maintaining its facilities. The decision to sell marks the end of a long chapter in the island's history and the beginning of a new one.

A History Spanning More Than 150 Years

The island's story begins long before its development as a private residence. Its name, 14 Mile Island, originated from an 18th-century miscalculation by British soldiers who believed they were 14 miles from the southern tip of Lake George. The actual distance was closer to 11 miles, but the name persisted.

In 1857, the state of New York sold the island to a private citizen named William Smith. For a time, it operated as a hotel and served as a popular stop for steamship excursions, making it a hub of social activity on the lake during the late 19th century.

The Finley family's purchase in 1960 ensured the preservation of this legacy. For more than six decades, they have been the caretakers of the island, maintaining its architectural integrity and natural beauty.

Architectural Significance and Thoughtful Design

The main residence on 14 Mile Island is a testament to early 20th-century craftsmanship and thoughtful architectural planning. Architect John W. Ingle took an immersive approach to his design process, camping on the island to observe the patterns of light and the natural landscape before drawing up the plans.

His design prioritized a connection to the environment. The great room features clerestory windows strategically placed to capture natural light, facilitate air circulation, and even frame views of the moon. This focus on harmony with nature is a defining characteristic of the home.

“History and architecture come together here in such a beautiful way,” says Staepal. “It’s not just a home; it’s a legacy.”

The home's construction utilized local materials and artisans. It features a custom post-and-beam structure and a commanding two-story stone fireplace. One of its most impressive features is a curved, 3,000-square-foot southern porch supported by 17 massive pillars. These pillars were crafted from stone sourced from nearby Shelving Rock.

Staepal explained that the porch was intentionally offset from the main house. “It’s these kinds of thoughtful details that make the design so timeless,” she said, noting that the placement was chosen to maximize the amount of natural light entering the home.

Modern Amenities and Award-Winning Restoration

While the estate is historic, it also includes modern conveniences and meticulously maintained structures. The property includes a boathouse that provides essential access to the lake and also contains a two-bedroom guest apartment on its upper level.

The boathouse underwent a significant restoration that was recognized for its quality and historical sensitivity. In 2019, the project received the prestigious Adirondack Architectural Heritage Award, a testament to the owners' commitment to preservation.

The inclusion of an FAA-registered seaplane base is a rare amenity that provides an alternative mode of access for private pilots. This feature enhances the island's exclusivity and convenience, allowing for direct flights to the property.

A Secluded World with Convenient Access

Despite its feeling of seclusion, 14 Mile Island is not isolated. It is located just a few minutes by boat from Bolton Landing, a town known for its boutiques, restaurants, and the historic Sagamore Resort. This proximity allows residents to enjoy a private retreat without sacrificing access to mainland amenities.

The property is also well-positioned for exploring the wider region. It is a short trip from popular destinations such as Saratoga Springs and Lake Placid. Its location in the southern Adirondacks also makes it accessible to Vermont and Canada for longer excursions.

The sale of 14 Mile Island is more than a real estate transaction; it is an opportunity to become the next steward of a landmark property. As Staepal summarized, “It’s a once-in-a-lifetime purchase. You’re not just buying a home—you’re buying into one of the most beautiful lakes in the country, and a piece of its history.”