I believe that's less than what my family paid 20 years ago for their cottage up north on a trout stream - and that was 5 acres(4 1/2 thick woods) - and no moose(although deer, bear, elk, beaver, turkeys etc).
That was one bigtime bargain, or out in the middle of nowhere and not yet discovered by snowbirds and retirees like much of North Michigan has been.
Prices in that area are now running $4000 an acre. When we bought, a realtor told us that we'd be crazy to pay even $1000. However, you can still buy a nice house on five acres for well under $100K in that township. Its in Northern Vermont so not so terribly remote, great skiing nearby as well as hunting, fishing, hiking, mountain biking, horseback riding, snow mobiling, every thing an outdoorsman could want; except jobs. I plan to take early retirement in the next year or two so the jobs thing isn't a factor for me.