Lost Lookout is an amazing loop hike that incorporates Beaver Meadow Falls on one end and Rainbow Falls on the other. But, along with that, there are outstanding views along the short ridge trail as well. This hike is entirely on the private property of the Adirondack Mountain Reserve (AMR) which has granted an easement for public foot travel. Be sure to read the link about parking and note that dogs are absolutely prohibited in this game preserve.
Primary Trailhead: This is part of the St Huberts parking area/trailhead. Leave Lake Placid on Rte 73, follow Rte 73 toward Keene. Continue through Keene and Keene Valley and into Saint Huberts. Continue to the trailhead for the AMR on the right, directly across the road for the Roaring Brook Falls Trail to Giant Mountain. This is approximately 3.0 miles from the outskirts of Keene Valley.
This is a 9.9 mile hike, loop, along a woods road and well maintained foot trail system.
From the parking lot you will initially have to follow a dirt road to a paved road along a golf course. At 0.5 miles from the parking area, go left and down between two tennis courts on Lake Road Way to get to the gate into the AMR. The AMR is a private property area with recreational easements, special rules apply to use and those are posted at the gate. At the gate you will need to hike the dirt access road for a bit over 2.0 miles toward Lower Ausable Lake. This dirt road is referred to as Lake Road and is just that. The road climbs steadily to the trail for Gothics and Beaver Meadow Falls on the right. This trail will lead you through an attractive forest to a bridge over the Ausable River. Just over the bridge is Beaver Meadow Falls, you will hear it before you see it.
Starting with a ladder, the trail continues steeply up the left side of the falls for a bit over 0.25 miles to the Lost Lookout Trail on the left. Follow here as you pass through the woods on a ridge trail with moderate terrain and only a couple short steep sections. There are several small viewing areas along the ridge out over the Ausable Lakes toward Colvin and Blake Mountains. The trail descends rapidly to the valley near Lower Ausable Lake where you can take a short trail to the base of Rainbow Falls. Cross the bridge and regain the Lake Road to return to the trailhead.
For more information on hiking in the AMR and High Peaks Region we recommend you pick up a trail guide or hire the assistance of a local guide service.
Family with Young Kids: Primary trail – 6 to 7 hours, loop
Experienced Hiker: Primary trail – 4 to 5 hours loop
Out of Shape Hiker: Primary trail – 5 to 6 hours loop