It is less than an acre in size and sits no more than six feet above the water.

[2] As the Fulton Chain of Lakes began to develop following the construction of a dam in Old Forge in 1811, a letter written in 1849 refers "a small island called Dollar Island from the rotundity of its shape.

"[3] The Camp on Dollar Island was constructed by guide Fred Hess for Dr. Edward Gaylord, an early summer resident of the area, in the mid 1880s.

[4] Dr. Gaylord died in 1925 bequeathing the Camp to his long-time nurse/companion, Edith Smith, who continued to summer on the Island until 1960.

[5] The two-story log structure remains largely original and was placed on the National Register of Historic Places in 2017.