Balsam Mountain is one of the High Peaks of the Catskill Mountains in the U.S. state of New York. Its exact height has not been determined, so the highest contour line, 3,600 feet (1,100 m), is usually given as its elevation. It is located in western Ulster County, on the divide between the Hudson and Delaware watersheds. The summit and western slopes of the peak are within the Town of Hardenburgh and its eastern slopes are in Shandaken. The small community of Oliverea is near its base on that side. Most of the mountain is publicly owned, managed by the New York State Department of Environmental Conservation as part of the state Forest Preserve, part of the Big Indian-Beaverkill Range Wilderness Area in the Catskill Park. The summit is on a small corner of private land.
As one of the High Peaks it is a popular destination for hikers, especially peakbaggers seeking membership in the Catskill Mountain 3500 Club, since along with Slide, Panther and Blackhead it is one of four peaks that members must climb twice, at least once in winter. The Pine Hill-West Branch Trail (PHWB) crosses its summit; hikers usually approach from either side via the Oliverea-Mapledale Trail, which intersects the PHWB south of the summit, and make the ascent from there. The northwestern approach makes a loop route possible via the Mine Hollow Trail; the southeastern ascent, from McKenley Hollow, has the steepest stretch of trail on any ascent of a Catskill High Peak.
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