Visited the Fern Lake property with Tom Whittaker, seen trying to figure out just where the property line runs... much more on that later. The property consists of 2.83 undeveloped acres (approximately 600 feet deep by 230 feet wide), with the east end abutting Vermont Route 53 (paved, State-maintained road) and the west end fronting on the lake. Fern Lake was a long-ago glacial cirque and now is fed totally by springs and direct rainfall... there are no inlet or outlet streams. Consequently, it is one of very few Vermont lakes that has clear water... most are very brown / murky due to runoff from inlet streams. On the property there is a wooden stairway that goes from the Glassner's house down to a lakefront dock and dock storage shed. Quite obviously, most of the stairway is on the property up for sale... but the O'Connor's property deed gave the Glassners the right to use the stairway and dock for two years, then the Glassners would have to remove the stairway. That right of access would transfer with a new sale. After consulting with Chree, submitted an offer to purchase the property. Offer was verbally accepted, but then the owners reneged and allowed a bidding war to ensue, rapidly and substantially driving up the price. Obviously we prevailed, or this narrative would not be any longer than this one paragraph.
27 June 2008
Visited the Fern Lake property with Tom Whittaker, seen trying to figure out just where the property line runs... much more on that later. The property consists of 2.83 undeveloped acres (approximately 600 feet deep by 230 feet wide), with the east end abutting Vermont Route 53 (paved, State-maintained road) and the west end fronting on the lake. Fern Lake was a long-ago glacial cirque and now is fed totally by springs and direct rainfall... there are no inlet or outlet streams. Consequently, it is one of very few Vermont lakes that has clear water... most are very brown / murky due to runoff from inlet streams. On the property there is a wooden stairway that goes from the Glassner's house down to a lakefront dock and dock storage shed. Quite obviously, most of the stairway is on the property up for sale... but the O'Connor's property deed gave the Glassners the right to use the stairway and dock for two years, then the Glassners would have to remove the stairway. That right of access would transfer with a new sale. After consulting with Chree, submitted an offer to purchase the property. Offer was verbally accepted, but then the owners reneged and allowed a bidding war to ensue, rapidly and substantially driving up the price. Obviously we prevailed, or this narrative would not be any longer than this one paragraph.
