Menter Family Add Depe Dene Resort to Lake George Portfolio

Depe Dene – a 39-acre seasonal resort located at 3494 Lakeshore Drive – was acquired by husband and wife team Jess Ferguson and Chris Menter for $11.4 million in the closing days of 2022; this acquisition was financed with a mortgage through Glens Falls National Bank. Located three miles north of Lake George Village, this lake front property was part of the estate of Ken Erminger. Mr. Erminger passed away in October of 2021, after having operated Depe Dene for 45 years.

Depe Dene adds to the Menter family’s portfolio in the Lake George area – Chris’s parents Dave and Theresa Menter purchased Scotty’s Lakeside resort in 2014, and Chris and his family recently purchased the Lakefront Terrace Resort for $7.4 million. The couple also own The Juliana Resort in Bolton, which they purchased in 2018 for $2.9 million. 

“We are going to revive and revitalize the property itself and operate like our other properties, which has been effective” Ferguson reportedly said. 

Depe Dene has a five-story, 12,000 square foot mansion, more than 700 feet of waterfront, and 84 rental units. The property has a variety of accommodations, which range from lakeview motel efficiencies, one and two-bedroom beach suites, lakefront and forest town houses, and cottages. The mansion which was built by Captain D.S. Denison has 11 bedrooms and eight bathrooms, and can sleep up to 24 people. 

Depe Dene was one of the most valuable assets in the Erminger estate, which also has other properties around Lake George and in Syracuse which still have yet to be sold; amongst these properties is a 3.3 acre property at the tip of Copper’s Point on Lake George.