This 233 acre parcel of land was likely homesteaded by James and Christina Stewart, the grandparents of James E. Moody. It was labeled the Stewart Homestead on a plat in 1948. Jim Moody grew up spending summers on the Lost Lake land with his grandmother, and thus developed a strong attachment to the land. Jim Moody wanted to limit subdivision and clear-cutting on the larger parcels through this conservation easement, and to conserve the land in perpetuity. Jim Moody contacted the Interior Alaska Land Trust in 2012, and attended a Board Meeting where he described the property and his goals for it. He donated stewardship funds for the Lost Lake property to the IALT in 2014, and signed the conservation easement on December 2, 2016.

His ashes were spread on the land.

After the passing of Jim Moody in 2017, the property was bought by the Boy Scouts of America Midnight Sun Council (BSA). The BSA also owns Lost Lake Scout Camp, a 600-acre property with cabins and camp facilities bordering the Moody property to the south on the western side of Lost Lake. Interior Alaska Land Trust stewards the property and appreciates the photos and updates from neighbors.