[3] Development of the island was explored in the 1980s, with wells drilled for 14 potential properties, but these plans fell through due to a weak real estate market.
The island was purchased in three parcels by the Maine Coast Heritage Trust in 2003 and 2004 for a total cost of $6.3 million.
While it has a primarily rocky coast, it also has more than ten beaches, the largest of which is located on the southeastern side of the island in Sand Cove.
[3] Maine Coast Heritage Trust has turned the island into Ed Woodsum Preserve, which is open to the public.
It also advertises the island as an ideal location for boating, birdwatching and swimming at its sandy beaches.