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Strategic Asset Management is pleased to present the following exclusive property for sale in Alaska:

More information on this property can be found at : www.alaskanwaterfrontreserve.com

Prime waterfront, beautiful scenery, very private  $3,500,000.00 US

Approx 120 acres waterfront in Farragut Bay, Southeast Alaska, north of Petersburg Alaska.

Some notable features of this property:

• Privacy: No other private land is viewable from the property.  The property is bordered on the north and east by the Tongass National Forest. The Farragut River and a strip of state land lie between the property and the other private land in the bay. Forest shields the other private land from view.  Property is only accessible by air or water.
  
  

• Excellent anchorage: Mountains and the geography of Farragut Bay provides shelter from inclement weather.

Land Description

Location

Farragut Bay is location about 30 miles north of Petersburg, Alaska on the mainland side of Frederick Sound in the Inland waters of Southeast Alaska. The property consists of approximately 130 acres a the head of the south arm of Farragut Bay and lies just east of the Farragut River

Terrain and Vegetation

The area of Frederick Sound between Petersburg and Farragut bay has spectacular views of the coastal mountains and glaciers. Rugged peaks and pinnacles such as Devil's Thumb and Kate's Needles rise to over 9,000 and 10,000 feet respectively.

Farragut Bay is warm and friendly. Unlike other bays it is wide and open to the south. From the property the sun can be seen from sunrise to sunset year round. Mountains to the north shield against the cold northern winds of winter.

The property is located where the bay shallows into rich grasslands formed by alluvial soil deposited by the Farragut River. With its gravel bars and stands of willow, alder, and cottonwood, the river has been designated part of the National Wild and Scenic River system, giving it special protection.

The land is flat and covered mostly by sedge grass meadows and some muskeg except for the northeast corner which rises in elevation and is forested. Groupings of Sitka spruce are found in the grass flats. Fields of wildflowers appear amongst the sedges. The north west corner along the river has willows. Wild berries are abundant and include Blueberries, Cranberries, and Cloudberries. The property has the best Nagoonberry patches in the region.

The property is bisected by a large central slough and a large creek forms the east border. Tidal flats toward the bay cover and uncover, creating an ever changing view. In the summer the tidal grass is a bright Kelly green and ripples in the wind like wheat fields.

Access to the property is either the Farragut River by skiff or via cruiser at higher water levels. The bottom of the slough in front of the house is 10+ feet. The tidal range is a -5 ft. low tide to a +22 ft. The mean high tide is 14.6 ft. A cruiser can come and go on almost every high tide. The minor inconvenience of scheduling arrivals and departures with the tide is more than compensated by the privacy and security provided by the limitations in access. Not knowing the correct access channel, unwanted boaters cannot easily approach the property.

There is no adjacent private land. The property is bordered on the north and east by the Tongass National Forest. The Farragut River and a strip of state land lie between the property and the other private land. Forest shields the other private land from view.

Aquatic Life
The Farragut River, central slough and the creek on the east border all support salmon runs. All 5 species of salmon are available. The river is know for King salmon and Steelhead trout. Halibut is readily available in the bay. Shellfish are abundant and available fresh in all seasons. They consist of Dungeness crab, Tanner crab, King crab, and clams. Winter kings are present as well. There is good Cutthroat trout fishing in the north arm.

Birds and Terrestrial Animals
The unusually rich and varied habitat in Farragut bay supports wildlife in high densities. Black bears are resident and Brown bears occasionally pass through. Moose are plentiful. Mountain goats can be seen on nearby peaks. Wolves, often in large packs, can often be seen for extended periods of time hunting on the flats. Smaller animals include river otter, beaver, ermine, martin and mink.

Because of the extensive wetlands, waterfowl are present in large concentrations especially in the fall and winter. Thousands of ducks and perhaps a thousand geese winter in the bay. Trumpeter swans winter over in groups as large as 40. Sandhill cranes use the muskeg as a rest and feeding stop during their migration. Bald eagles are commonplace. There are many varieties of owls, hawks, and small resident and migratory birds. The rare Marbled Murrelet can be seen routinely.

Structures
There are two contemporary style structures with Red Cedar exteriors and built on galvanized steel pilings. The main house is a 3000+ square feet three story structure which is light and airy with large rooms and lots of glass. The height provides a 360 degree view of the property and wildlife. The interior has red cedar ceilings, red cedar and plaster walls, and oak flooring on the first level. Custom modern style furniture in oak is built-in throughout including a corner sofa, cabinets, book cases, desk, platform bed, dresser, etc. Only accessory items are needed to move in. The first floor contains a living room, dining room, kitchen, and half bath. The second floor is all master bedroom and bath. The master bath has a raised platform tub net to a picture window, separate shower and a large vanity. The third floor has two rooms now used as an office and studio and a bathroom.

The second structure is a 1600 square foot two story guest house upstairs with a complete kitchen and bath. Downstairs is a large workshop.

Link to topographical map on maps.google.com

Please contact Strategic Asset Management at (253) 927-0998 and not the owner for viewing information and additional information. Due to Alaskan weather Summer viewings are suggested.

Additional information including more photos and surveyor's reports are available.