It is named for Frederick William Matthiessen, who had originally owned the 176 acres (71 ha) of property that is at the core of the current park.

[2] Two mansions, several cottages, a garage, and a private fire station were built here by Matthiessen for his family.

The stream has eroded partway through the sandstone layers, leaving interesting rock formations and drops.

Many mineral springs exist throughout the park, providing salt lick spots for the large deer population.

[4] The cool and damp canyons provide an ideal habitat for many species of mosses, liverworts, and ferns.